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The real reason Silicon Valley hates Lina Khan
Why are venture capitalists so mad at the former FTC Chair? It's related to how VCs and their advisors make money.
"Lina Khan cuts off the right hand of a genius pianist, who nevertheless perseveres and produces a one-handed masterpiece, for which she then takes credit," Shea Levy, a software engineer at defense tech startup Anduril, wrote on X. At least legendary VC Paul Graham made some effort to be honest here, although he could have been clearer that Y Combinator relies heavily on larger tech companies buying the startups he backs. She was active, competent, and gave the Biden administration what they wanted, aggressive oversight on tech," Thibodeau said, while saying that he disagreed with some of her antitrust moves, such as the FTC's efforts to block Microsoft's acquisition of Activision and the successful challenge to Amazon's purchase of iRobot.
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