What’s With All the Trumpy VCs? The tech industry is still mostly blue. But things are definitely changing.
What’s With All the Trumpy VCs? The tech industry is still mostly blue. But things are definitely changing.
The tech industry is still mostly blue. But things are definitely changing.
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A “vibe shift” is under way in Silicon Valley, Michael Gibson, a VC and former vice president of grants at the Thiel Foundation, told me. Eight years ago, the notorious entrepreneur Peter Thiel was the odd man out when he announced his support for Trump. The rest of the Valley appeared to have been horrified by the candidate—particularly by his draconian and racist views on immigration, on which the tech industry relies.
This year, J. D. Vance, a Thiel acolyte and former VC himself, is Trump’s running mate. Marc Andreessen and Ben Horowitz, co-founders of the legendary VC firm Andreessen Horowitz, came out in full support of Trump in a podcast episode released just before Joe Biden dropped out of the election.
(Earlier this month, Axios reported that Horowitz informed Andreessen Horowitz staff members that he and his wife, Felicia, will donate to support Harris “as a result of our friendship” with the candidate. “The Biden Administration,” his note continues, “has been exceptionally destructive on tech policy across the industry, but especially as it relates to Crypto/Blockchain and AI,” mirroring language from the podcast during which he and Andreessen endorsed Trump.)
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Easy: they like money. The entire ideology behind Trump is "he's rich and I can be rich like him too!" All the VC guys know they can manipulate him with very little money (for them) and get to keep/make more for themselves. He's only a true friend to the wealthy.