You're not happy that these companies have SINGLE large shareholders. That the founders kept so much company equity. I FULLY AGREE no one should have that much wealth. But, no one here is complaining about families or others having similar wealth. They are complaining that founders kept that much ownership.
The real wage suppression is happening in other industries and companies. How about the lack of a livable wage in industrial and service industries? How about that fact that the average wage has not kept up with cost of living?
Why are you advocating for engineers like myself making many times the average income and living way above average lives? That's insane!
How about oil companies with similar profits paying engineers 80-100k? at an actual risk of loss of life?
We should focus on the actual problems. The lack of ability to tax generational and asset wealth. The reason they accumulate so much is that we can't tax their share of ownership.