Musk vs Trump is a cautionary tale for Silicon Valley [0]
Story by Michael Moritz
The writer is a longtime Silicon Valley investor, former board member of PayPal and an investor in SpaceX
> While Musk has left Washington with his reputation tarnished and his businesses impaired, the president’s family has inked deals for new hotels and golf courses around the world. Membership fees at Mar-a-Lago, his Floridian sanctuary, ballooned last year. And he is milking the enthusiasm of his supporters with his own controversial memecoin, launched days before his inauguration.
> One word of advice for those in Silicon Valley who followed Musk’s lead and sided with Trump. Leave. Don’t delude yourself that you are working to make crypto a part of global finance, minimising artificial intelligence regulation, helping start-up companies or protecting the interests of Silicon Valley. You have no sway. You are just cannon fodder.
They're banking on his age and poor health will lead to an actuarial conclusion and Thiel's boy JDV get a chance to take over.
See, the folks in power have a goal: to emulate the oligarchs during the breakup of the Soviet Union. To sell off every bit of the commonwealth, obliterate Medicare and Medicaid, and turn formerly public services into crappier private companies that can absorb subsidies and debt to give it all away to private equity as dividends. The Big Ugly Bill just received a midnight addition to cut Medicare in addition to over a trillion in cuts to Medicaid. This will double the number of homeless people with the most vulnerable people who cannot care for themselves. and around 20% of elder care facilities will go out of business.
baobun · 4h ago
> Thiel's boy JDV
Any credible sources or evidence for this claim?
defrost · 4h ago
Aside from Thiel's employment of JD Vance in various roles and Thiels record breaking donations to Vance's campaigns?
Tech bro's were used, then abused.
Let's ask Michael Moritz.
Musk vs Trump is a cautionary tale for Silicon Valley [0]
Story by Michael Moritz
The writer is a longtime Silicon Valley investor, former board member of PayPal and an investor in SpaceX
> While Musk has left Washington with his reputation tarnished and his businesses impaired, the president’s family has inked deals for new hotels and golf courses around the world. Membership fees at Mar-a-Lago, his Floridian sanctuary, ballooned last year. And he is milking the enthusiasm of his supporters with his own controversial memecoin, launched days before his inauguration.
> One word of advice for those in Silicon Valley who followed Musk’s lead and sided with Trump. Leave. Don’t delude yourself that you are working to make crypto a part of global finance, minimising artificial intelligence regulation, helping start-up companies or protecting the interests of Silicon Valley. You have no sway. You are just cannon fodder.
[0] https://www.ft.com/content/c779b3b6-e989-4277-91fd-d72468291...
https://archive.is/hnPQC#selection-136.5-136.6
See, the folks in power have a goal: to emulate the oligarchs during the breakup of the Soviet Union. To sell off every bit of the commonwealth, obliterate Medicare and Medicaid, and turn formerly public services into crappier private companies that can absorb subsidies and debt to give it all away to private equity as dividends. The Big Ugly Bill just received a midnight addition to cut Medicare in addition to over a trillion in cuts to Medicaid. This will double the number of homeless people with the most vulnerable people who cannot care for themselves. and around 20% of elder care facilities will go out of business.
Any credible sources or evidence for this claim?
Forbes did a run down on their connections 12 months ago: https://www.forbes.com/sites/antoniopequenoiv/2024/07/16/jd-...
perhaps they missed a few things.