Monday, January 2, 2017

PEU Sponsored Cylance President Offers Davos Mea Culpa

Quartz offered a confession from a ten year attendee of the World Economic Forum in Davos, Switzerland.  Cylance President Felix Marquardt called the billionaire populated Davos "the good guys."

If educated progressive elites worldwide are serious about sharing the proceeds of globalization in a much fairer way, then we need to not just talk the talk, but walk the walk.
Marquardt's company is sponsored by the greed and leverage boys, who love to buy companies with government clients and ones they can cross sell within their holdings.  Cylance fits both bills.

And the fact that some of Cylance’s clients are in Blackstone’s portfolio was one of the reasons why the PE and venture funding icon chose to invest in it.
Will Felix rub elbows with other "progressive elites" like KKR's Henry Kravis or Blackstone's Stephen Schwarzman at Davos?   Davos has been the place for deals that decimated the middle class the last decade.  Machine intelligence Cylance has at least four PEU sponsors as a result of such deals.  There are few signs that is changing as the global economy turns to machine employment vs. actual people..