After expressing disgust with President Joe Biden’s anti-growth policy proposals, a significant number of Silicon Valley buyers are backing past president Donald Trump.
” It’s impossible to support Biden”, Keith Rabois, an early leader at PayPal, who also played key roles at Linked In, Square, and Slide, said. While hardly a fan of Trump, Rapois did state that he would be working to choose a Republican House and Senate.
Other prominent big tech moguls including David Sacks, Chamath , Palihapitiya, Marc Andreessen, and Shaun Maguire have tired of Biden’s proposals, including a 25 percent “billionaire tax” and antitrust crackdowns enacted by the Democrat majority at the Federal Trade Commission (FTC ).
Other tech professionals weighed in against the oppressive laws imposed by Gary Gensler, the SEC’s chair.
Andreessen, the leader of significant venture capitalist organization Andreessen Horowitz, said that there are “real problems” with the Biden administration. He claimed that the SEC and FTC do have “very different kinds of people” as part of a subsequent Trump presidency.
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Ben Horowitz, the various founder of Andreessen Horowitz, stated that his firm would support any lawmaker who favored an “optimistic technology-enabled coming.”
Previous CEO of PayPal, Sacks, has plans to sponsor a Trump charity and conduct an interview with the 45th president on his podcast.
” I have bigger conflicts with Biden than with Trump”, Sacks said last week at a technical event.
Silicon Valley should consider very carefully who it wants to vote for, according to Sacks, citing Biden’s stringent tax plan, which would target business owners who want to grant stock options to workers.
Sacks attended a recent “ant- Collins” dining with X, previously Online, user Elon Musk and Peter Thiel.
Palihapitiya, the leader of venture capital firm Social Capital, plans to cohost a charity alongside Baskets.
” Four years ago you had to issue an apology if you voted for him” ,Delian Asparouhov, an investor at Thiel’s Founders Fund, wrote.
For Breitbart News, Sean Moran covers plan reporting. Following him on Twitter , @SeanMoran3
