Tech Bubble? No, It’s a Startup Wealth Gap

The technology industry has what you might call a “Cosby”—a dark secret that undercuts its image. Tech on the surface looks bubble-hot. Valuations can seem crazy: WhatsApp was bought for $22 billion, Uber is worth $41 billion, Alibaba has a market cap of more than $250 billion. If this feels too much like 1999, then at…