The Daily

Big Tech’s Big Bet on Trump

797 snips
Jan 13, 2025
In a captivating discussion, Erin Griffith, a Technology reporter for The New York Times, dives into Silicon Valley's newfound support for Donald Trump. She details Marc Andreessen's shift from a Democratic donor to a Trump adviser, illuminating the region's changing political landscape. Griffith highlights tech leaders' strategic meetings with Trump and the implications for regulation, alongside the growing scrutiny of tech influence on democracy. She also explores the complex interplay of corporate philanthropy and political alliances shaping the future of the industry.
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INSIGHT

Big Tech's Support for Trump

  • Big tech companies are increasingly supporting Donald Trump, both as a candidate and president-elect.
  • This shift represents a notable change from Silicon Valley's historically liberal reputation.
ANECDOTE

Marc Andreessen's Political Shift

  • Marc Andreessen, a prominent venture capitalist, transitioned from being a Democratic donor to a Trump advisor.
  • He invested in major startups like Airbnb and Coinbase and sits on Facebook's board.
INSIGHT

The Deal

  • Andreessen's "deal" philosophy suggests that business success should be celebrated and philanthropy absolves sins.
  • This deal involves making money, giving it away, and being celebrated, while being left alone to innovate.
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