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.

  • anachronist@midwest.social
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    5 days ago

    They’re jangling their keys in front of the Democrats now to:

    • hedge their bets in case of Trump unpopularity and a midterm loss and
    • preclude any anti-corportist reform in that party after their blowout loss