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    Was ist mit all den Trumpy VCs? Die Tech-Branche ist immer noch größtenteils blau, aber die Dinge verändern sich definitiv.


    Was ist mit all den Trumpy VCs? Die Tech-Branche ist immer noch größtenteils blau, aber die Dinge verändern sich definitiv.

    https://www.theatlantic.com/technology/archive/2024/10/silicon-valley-venture-capitalists-trump/680225/

    View 37 Comments

    37 Comments

    3. Ponderputty on

      Billionaires think they can make more money under fascism. It’s not new and it’s not complicated.

    4. OpalescentAardvark on

      Trump makes threats, targets people and companies he doesn’t like, rewards ones he does. Sensible business decision for certain companies is get on his good side just in case. It’s business as usual.

      > To some extent, this is just business as usual. O’Mara noted that although the tech industry used to claim to be apolitical, it has always had its fair share of lobbyists in Washington, D.C., like every other industry. More than anything else, the industry’s interests have simply followed the money.

      VCs make a lot of money from tech because regulation is always lagging behind. What’s easier to keep it that way – lobbying and arguing a case or fanning an idiot’s ego?

      Ed: Also, a better but harder read is Noam Chomsky on how Capitalism and Democracy are always at odds (which was being said back in the 70’s, this is nothing new), which puts this into a wider and more useful perspective. Found a bit: [there’s a fundamental contradiction between capitalism and democracy](https://www.youtube.com/watch?v=u3hAlPa4Up0&t=1595s)

    5. celtic1888 on

      They’ve moved from any sort of innovation to rent seeking and no one does rent seeking like right-wingers

    9. Mr_Mouthbreather on

      People with obscene wealth believe they earned their obscene wealth due solely to their intelligence, hard work, and perseverance, and therefore think they are better than everyone else. They cannot fathom that some or even most of their wealth is due to a combination of luck and taking advantage of American laws and infrastructure.

    10. Icenine_ on

      Peter Thiel has been supporting JD Vance for a while now. The super-rich supporting Republicans more than Democrats so that they can horde their wealth isn’t particularly new. Tech workers tend to be younger and more Democratic, the owners not so much.

    13. rsgoto11 on

      It will be interesting to see how citizens react MAGA style innovation, equal parts hype and failure. I like many feel swindled by the promise of a better future through technology and have no trust in these wealth hoarders. I’m guessing they’re going in for a full on dystopian society, who better than Trump to take us there.

    15. Manning88 on

      Marc Andreessen is scum. He only cares about is Benjamins in his pocket and could care less about what Trump will do to the Country.

    16. WinstonSitstill on

      Because now they are mostly rich kids from rich families. They don’t give a shit about America or democracy. All they care about is themselves and tax cuts. 

    17. exqueezemenow on

      For them voting blue means more taxes for them. Of course they make more money than they can ever spend, but greed is greed.

    19. Skeptical0ptimist on

      They were never blue.

      Also, they are not MAGA either.

      The only thing VCs have in common with Trump is that they are the enemies of the progressives.

      Beyond that there is not much VCs and Trump agree on. Most VCs do not like religion or union. They want laissez-faire government, meritocracy, free market, immigration and globalization. These are not MAGA values.

    21. PhysicalGraffiti75 on

      The people that own the companies have a vested interest in electing Trump. Their employees do not.

    22. bluemaciz on

      The MAGA followers all think all big tech and Silicon Valley leaders are liberal (minus the obvious Muskrat) but they are all conservative. They are in it for the money, don’t want their mega corps broken up, and are ok sacrificing people’s rights if the dollar signs are right. Many of them donate to the right. 

    24. JC2535 on

      They actually know how much climate change mediation is going to cost and they want the poor people to pay for it. They can stay in their mansions and import oxygen and not have to pony up their Benjamins to get the temperature down.

    25. lokey_convo on

      I’m sure the appeal of a regulatory framework that allows them to essentially establish their own corporate shadow states when they are in charge is pretty appealing.

    26. BeanBurritoJr on

      I dunno. I guess morally bankrupt billionaires without a shred of ethics like people who promise to not tax them, to take away their worker-slaves rights, and to never hold them accountable for any of the weird shit they do.

    27. MrMichaelJames on

      Because of the campaign promises that never pan out but these CEOs are so damn stupid they will believe anyone that tells them what they want to hear.

    29. uyakotter on

      They think they will be puppeteers. Trump will let them write the regulations and the tax code. Elon expects to speak to the nation from the Oval Office. That has never worked with a narcissist ruler but they don’t know or care.

    30. AdeptBathroom3318 on

      They are red because they like money. The only real promise that republicans.keep consistently these days is helping rich people to stay rich.

    33. Aggravating-Card-194 on

      Marc and Ben made a good point that a number of the Democratic nominees (first Biden, now Harris) policies have moved dramatically left of Democratic positions of prior years. So if people still hold those positions, the party has actually left them, not the other way around. So some of these people are saying, that’s too extreme, so now I feel I must vote for the other person.

      You don’t have to agree with their conclusion, but It’s a very logical position to follow.

    37. Entartika on

      i think how the left handled social media last election bit them in the butt, now X is red and even meta has back pedaled on censoring red accounts this time.

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