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.
This is my take. Once their bottom line starts fluctuating, they’ll simply find a new loophole to exploit so money keeps flowing, while slightly adjusting their fleet of yachts to a safer distance.
There’s no allegiance to anything. US is just the most convenient place to generate wealth right now.