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Even Facebook Has A PAC

February 1, 2012Erik Kain

Politico reports on Facebook’s very own electioneering arm: Top officials at Facebook pumped $170,000 into the company’s new PAC in 2011 — a sure sign that the company is ready to be a political player as it prepares for its IPO this year. , , David Ebersman, Marne Levine, Joe Lockhart and Joel Kaplan each […]

Read more at Forbes.

byline=E.D. Kain, Citizens United, David Ebersman, Erskine Bowles, Facebook, Joe Lockhart, Joel Kaplan, Mark Zuckerberg, peter thiel, Political action committee, Sheryl Sandberg, Social Media, Tech

The Real Facebook IPO Winners? Sean Parker And Bono

February 1, 2012Erik Kain 148 Comments

The real winners in Facebook’s upcoming public offering will be its current owners. Barrett has a helpful pie chart illustrating just who these lucky few happen to be: Honestly, I had no idea that Bono had such a large investment in Facebook. We’ve all heard of and ‘s investments in the social media giant, but […]

Read more at Forbes.

Bono, byline=E.D. Kain, Facebook, Google, Initial public offering, IPO, Mark Zuckerberg, peter thiel, Sean Parker, Social Media, Tech, Twitter

How Technology Will Change Governments, Corporations, and the Rest of Our Stubborn Institutions

January 2, 2012Erik Kain

Can technology overcome and change institutions otherwise overcome by inertia and stagnation? Will technology help overcome tyrants and change the relationship between state and citizen in positive and hopeful ways, or will it enable dictators and make governments even more oppressive? These were some of the questions posed at Techonomy this past November. These aren’t merely […]

Read more at Forbes.

byline=E.D. Kain, innovation, National Defense Authorization Act, peter thiel, Tech, Techonomy, Tyler Cowen, Very Bad Things Matt Welch, Nick Gillespie

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