VCs Can’t Be Sure What Trump Will Bring
Be careful what you wish for. Many of Silicon Valley’s biggest-name venture capitalists are donating money to Donald Trump this election cycle, including, as The Information scooped today, Marc Andreessen and Ben Horowitz. Venture capitalists aren’t alone—Elon Musk endorsed Donald Trump on Saturday night and is donating $45 million a month to a political action committee backing him through the election, The Wall Street Journal reported.
Motives may vary—Andreessen and Horowitz like Trump’s pro-crypto stance, we reported, while Musk presumably feels kinship with Trump over issues including anti-wokeism and border security. But there’s not exactly perfect alignment between Trump and the tech industry on a wide range of issues, which means things may not work out exactly as some of the Trump backers expect if he wins.