Investors need to back more entrepreneurs from outside Silicon Valley to create jobs in areas of the U.S. that have felt left out by the advance of technology, AOL co-founder Steve Case told CNBC on Wednesday.
Case, who is CEO of venture capital firm Revolution, said earlier this year that California, Massachusetts and New York last year.
This is a problem as many feel left out of the technology revolution, he added, so venture capitalists need to invest in companies in other parts of the U.S.