Musk vs Trump is a cautionary tale for Silicon Valley [0]
Story by Michael Moritz
The writer is a longtime Silicon Valley investor, former board member of PayPal and an investor in SpaceX
> While Musk has left Washington with his reputation tarnished and his businesses impaired, the president’s family has inked deals for new hotels and golf courses around the world. Membership fees at Mar-a-Lago, his Floridian sanctuary, ballooned last year. And he is milking the enthusiasm of his supporters with his own controversial memecoin, launched days before his inauguration.
> One word of advice for those in Silicon Valley who followed Musk’s lead and sided with Trump. Leave. Don’t delude yourself that you are working to make crypto a part of global finance, minimising artificial intelligence regulation, helping start-up companies or protecting the interests of Silicon Valley. You have no sway. You are just cannon fodder.
k310•46m ago
Tech bro's were used, then abused.
Let's ask Michael Moritz.
Musk vs Trump is a cautionary tale for Silicon Valley [0]
Story by Michael Moritz
The writer is a longtime Silicon Valley investor, former board member of PayPal and an investor in SpaceX
> While Musk has left Washington with his reputation tarnished and his businesses impaired, the president’s family has inked deals for new hotels and golf courses around the world. Membership fees at Mar-a-Lago, his Floridian sanctuary, ballooned last year. And he is milking the enthusiasm of his supporters with his own controversial memecoin, launched days before his inauguration.
> One word of advice for those in Silicon Valley who followed Musk’s lead and sided with Trump. Leave. Don’t delude yourself that you are working to make crypto a part of global finance, minimising artificial intelligence regulation, helping start-up companies or protecting the interests of Silicon Valley. You have no sway. You are just cannon fodder.
[0] https://www.ft.com/content/c779b3b6-e989-4277-91fd-d72468291...
https://archive.is/hnPQC#selection-136.5-136.6