The Fifth Estate
A VC: Musings of a VC in NYC
OCTOBER 19, 2019
Mark Zuckerberg, in his speech last week at Georgetown University, called social media “the Fifth Estate.” The first three “estates” of society, classically, are the clergy, the nobility, and everyone else. When the printing press arrived during the Renaissance/Enlightenment period and a mainstream press emerged, a fourth voice, The Fourth Estate, arrived on the scene and the mainstream press has had a long, strong, and lasting effect on society.
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