4min chapter

"Upstream" with Erik Torenberg cover image

E4: David Sacks on His Intellectual and Political Journey

"Upstream" with Erik Torenberg

CHAPTER

The Importance of Regulating Big Tech

On big tech, one challenge I have is that there should be some form of regulation because these companies have gotten too powerful. We saw with this Microsoft that the answer maybe wasn't as much regulation as it was just new company innovation. Apple said they would never get into the advertising business and compete with their apps are now starting to do that. There's no reason for VCs to keep funding innovation on these platforms if the platform owner will just usurp that value for itself.

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