Summary
Tech leaders who once backed Trump are fed up as his second term descends into chaos.
Venture capitalists and startup founders complain about erratic policies and feel burned by crypto bro schemes like $Trump coin, which tanked after launch.
Appointing David Sacks as “crypto czar” only fueled suspicions of cronyism, while proposed defense budget cuts leave companies like Anduril and Palantir reeling.
Even billionaire allies like Jeff Bezos are souring as tariffs and economic uncertainty hit their bottom line. “Everyone is annoyed,” says one disillusioned founder.
Fuck every one of these “tech bros” in the article.
Annoyed? ANNOYED? OH POOR BABIES.
Must be nice to be “annoyed” by what is going on right now.
It’s like they learned nothing from the first time he was president.
They all banked the first time he was president. It’s all us regular people who got boned.
No, they learned plenty. Look up Peter thiel’s bullshit. They thought they could profit from dissolving our country. I’m fucking loving this personally. I hope they actually cancel social security. It will burn the entirety of the “Republican” party (using quotation marks because they are furthest thing from, like the “Democratic Republic of…”)
Let it all burn. This country voted for acceleration, so it deserves it!
But they really really didn’t!
"Venture capitalists and startup founders complain about erratic policies and feel burned by crypto bro schemes like $Trump coin, which tanked after launch. "
Lmao if you put money into TrumpCoin you deserve all your losses. Idiots.
Fuk all them assholes
I want the names of the people that are VCs and startup founders that were so fucking stupid as to “invest” in something like a memecoin.
Either you were/are in on the rugpull presidency or you aren’t. That coin was pure bullshit and at best, it’s just a way to launder money into donvict and his broligarchs pockets. If you aren’t on the inside of that scheme, you are the mark.
So do something then, other than just complaining about it.
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Support a corrupt and utterly idiotic wannabe dictator.
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Make that suprised Pikachu face when the guy you support turns out to be an idiot.
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Lose money because of the idiot.
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Funny how it only bothers them when their wallet is affected…
Who knew tech bros were still stuck on OS X 10.5…I figured they would use more modern operating systems
If only there had been any warning signs in advance!
Seriously, these are our best and brightest rich people, they didn’t see fucking cronyism coming from this guy??? Were they born in 2020? I seriously just can’t imagine being this dense.
probably not delivering on his promises, giving them unfettered access with AI.
No, he’s delivering everything Peter thiel wanted. He is literally destroying the United(emphasis on that previous word) states.
Rich fucks don’t like us being able to survive.
Capital controls the government. Unless white house policy actually changes, this is a load of hopium.
Steve Witkoff, for instance, a longtime Trump associate who was appointed as the United States special envoy to the Middle East, has been cashing in on his proximity to Trump to secure private deals, this person says. Witkoff’s son, Zach Witkoff, is the cofounder of World Liberty Financial, the crypto banking platform that launched Trump’s memecoin. Early in March, Steve Witkoff sent cryptocurrency advocates to the Middle East to promote World Liberty Financial’s latest stablecoin project, The Wall Street Journal reported. “Steve Witkoff is calling every sovereign government and saying, ‘You need to support this coin if you want to be in good standing with Trump,’” the person says. Witkoff did not respond to multiple requests for comment.
That doesn’t seem like a great office to have a holder who is soliciting bribes from foreign countries to affect national policy.
https://en.wikipedia.org/wiki/Steve_Witkoff
In November 2024, then President-elect Donald Trump announced that he would appoint Witkoff to be the United States Special Envoy to the Middle East…In addition to his Middle East portfolio, he also became Trump’s personal de facto envoy to Russian President Vladimir Putin.[5]
Who’s ready for the new Trump salad dressing? Et tu, Jeff?
The world is fucked, but we’re about to get the best salad dressing ever.
So do we like Trump now or do we like tech billionaire?
No.
People can dislike both, you know this… right?
Why do we care what they think if we dislike them then? Surely if they are greedy oligarchs this would likely be a good thing.
Disliking what someone think doesn’t mean we care about what they think.
People really need to accept the nuance in a thing. Because included in this is the notion that one can “care” about something or someone they dislike.
For example:
I care about what Trump thinks about immigration. I care about what he thinks about the rights and freedom of our LGBTQ+ friends and family. I care about what he thinks about other nations and the diplomacy needed to maintain a relationship with each and every one of them. I care about what he thinks about our healthcare system.
I don’t, however- care about him.
This is how nuance works. Everything isn’t simplified down to this, or else that. Black, or else white. Up, or else down. That each of these things to exist, one accepts that there is also a spectrum associated with it that allows for a gradation of perspective that has potential to lean in either direction.
EDIT: I hope this didn’t come off as condescending. I didn’t intend it to sound that way. I’m actually only trying to offer a different perspective.
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“When tech people got involved in the government, they thought Trump was going to take more of a surgical approach and act less like a wrecking ball."
What about his first term, insurrection and campaign and everything about and around him suggested it’d be anything other than a wrecking ball approach???
Billionaires have done a lot these past few years toward outing themselves as being just as stupid as any other random dumbass.
Yeah well I’m not saying it’s entirely luck, but luck is certainly a significant factor in becoming a billionaire.
Right place, right time, right resources at said place and time etc.
They’re not super geniuses better than anyone else, they just had a lot fall their way, and had the work ethic/psychopathic tendencies to capitalise on it.
In about 2018, I think, a team of researchers put together a mathematical model of how markets work. What they found is that wealth just naturally accumulates to a few people. It’s inherent to how markets work, and it’s more or less at random; in their simulation runs, every person started out in an equal position.
It’s all luck. It doesn’t even take being in the right place at the right time, although that helps. Since us humans operate on narratives and just-world fallacies, it’s really easy for us to construct a post hoc story about why a certain billionaire succeeded. But it’s all luck.
(I remember that I read about this research in Scientific American, but I don’t have the link handy.)
Here’s that Scientific American article. I keep it in my bookmarks because it’s one of the articles that easily disproves countless bullshit theories. Also an article my dumbass drumpf loving father refuses to read.
They are. They just lack morals and empathy. They’re incapable of feeling shame for exploiting other humans.
They were also all extremely lucky at least once.
I think that’s the key. We attribute to them special qualities because we like to think in terms of cause and effect. But they all seem to have just been there at the right time with the right people and the right thing.
They show us there is nothing special about them every time they try to do something new and miserably fail. Think the money Meta spent on VR, or the way Musk alienated users and advertisers on Twitter.
We are basically beholden to lottery winners.
Birth Lottery Sociopaths
2000s indie rock band, or dotcom billionaire?
His first term was pretty milquetoast during his term, at least in the ways that these stakeholders cared about. Yeah, he mucked with some trade relationships but largely backed down except for China, and China is a thorn in their side too. The economy basically looked similar to most presidential terms for the last 30 years (except for George W Bush, who had very subpar economic results). Yeah he did some horrible stuff and some incompetent stuff, but economically, his term was just fine (except for 2020, which derailed everyone).
The 2020 election, January 6th, and Trump’s continuing behavior in the wake of that, and the PJ2025 associates that swarmed around him should have been the sign that he was too dangerous to risk. However they could have still thought that Trump’s behavior was more of a show for riling up a base, and his second term would still give them a chance to have him shuffle off to a golf course while the big boys got what they wanted like usual.
This term, there just are no winners, at least domestically, and lots of losers.
Naked greed has a way of making even the orangest turd seem to sparkle like gold.
