cross-posted from: https://lemmy.world/post/27407923

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.

  • UnderpantsWeevil@lemmy.world
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    6 days ago

    Appointing David Sacks as “crypto czar” only fueled suspicions of cronyism

    suspicions of cronyism

    David Sacks owns Solana, the coin that Trump said he would make a significant tranche of his “Crypto Reserve”. Suspicion my ass. Its naked graft.

    Even billionaire allies like Jeff Bezos are souring as tariffs and economic uncertainty

    Jeff Bezos needs to be introduced to a tall, green plumber.