Get the latest tech news
Silicon Valley's Soulless Plutocrats Flip for Donald Trump—to Save Their Billions
Venture capitalists Ben Horowitz and Marc Andreessen claim the tech industry, California, and the country are doomed if we don’t embrace the former president.
But if you are billionaire venture capitalists Marc Andreessen and Ben Horowitz, apocalypse looms in another form: a proposed tax on unrealized capital gains that affects households worth more than $100 million. I’ll explain in a second why the cofounders of Silicon Valley’s preeminent VC firm insist that their opposition to this idea isn't totally self-interested, and why their analysis on how it would destroy the country is alarmist twaddle. Far from a clinical analysis of the issues that separate the two leading candidates for America’s top job, their take on Biden’s policies actually provides a useful window to explain why certain wealthy Silicon Valley luminaries previously known as Democrats are suddenly leaning Trump.
Or read this on Wired