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by nostrademons
704 days ago
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The article is pretty good, and makes a useful distinction that's getting lost in the comments: The Big Tech Billionaires are not supporting Trump. 80% of Internet company donations have gone to Democrats, and Big Tech veterans like Reid Hoffman (LinkedIn founder and Microsoft board member) and Michael Moritz (Sequoia Capital partner) are still firmly in the Democratic camp. VC billionaires (and in particular, the PayPal Mafia) are supporting Trump. Interests are not aligned between VCs and large tech corporations. They compete for both employees and markets. Big Tech's loss is generally the startup ecosystem's gain; many of these VCs are supporting Trump because he will break up or otherwise hobble Big Tech. |
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