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.

  • atzanteol@sh.itjust.works
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    6 days ago

    Several Silicon Valley executives I spoke to — some of whom requested anonymity for fear of retribution — echoed this sense of disappointment

    Things are fucked up when private citizens criticize the government anonymously due to “fear of retribution”.

    • jaybone@lemmy.world
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      5 days ago

      But he’s a tech bro, he’s in the “in crowd.” This so called retribution might just mean he can’t hang out at their club house anymore.