Billionaire VC says that most companies will eventually pay an Amazon ‘tax’

Chamath Palihapitiya is a famous startup investor who runs his own venture-capital firm, Social Capital. He was an early Facebook employee and is now estimated to be worth over $1 billion.

Because Palihapitiya is a VC, he gets to invest in a lot of different companies. But if he had to put his entire capital in a single company and hold it for the next 10 years, Palihapitiya knows where his money’s going: Amazon.

Read the article on Business Insider