I Was a V.C. Partner. We Can't Let Silicon Valley Buy Democracy

A guy wrote a book about that, about a century and a half ago. He said that it was inevitable for the venture capitalists to buy democracy. They're always the first investors, and so they always get all of the profits. They have the money, and since you can't do anything without money, they get to write the rules.

He even named the book after them.

Unfortunately, he was really vague about what to do about it. He was better at diagnosing the problem than prescribing solutions.

But he made a pretty compelling case that absolutely nothing is going to constrain the VCs until it finally tips over into violence. Even if one or two goes to clutch his pearls at the friendly New York Times, the choir will sing "Amen" but nobody who matters will do anything.