Rapid Response: Reid Hoffman on the business impacts of Trump vs. Harris
Jul 24, 2024
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Reid Hoffman, investor and entrepreneur, discusses Silicon Valley views on Harris vs. Trump, political divisions in business circles, and the importance of rule of law. He shares blitzscaling tips for Harris's campaign and emphasizes the impact of politics on business stability.
Reid Hoffman supports Kamala Harris for her commitment to the rule of law and new perspectives.
Silicon Valley sees a divide in presidential candidates with support for Trump and skepticism towards Democrats.
Deep dives
Reid's Support for Kamala Harris
Reid Hoffman expresses his support for Kamala Harris in the Presidential race, highlighting her national vetting, commitment to the rule of law, and the new perspectives she brings to the campaign. He contrasts her approach with that of Trump and emphasizes the importance of a stable society and rule of law for business.
The Divide in Silicon Valley
Reid discusses the divide in Silicon Valley regarding presidential candidates, noting Elon Musk and other tech leaders' support for Trump, while highlighting the skepticism towards Biden and Democrats due to regulatory concerns. He underscores the significance of stability, unity, and the rule of law for businesses beyond economic factors.
Political Engagement and Business Leadership
Reid emphasizes the responsibility of business leaders in political engagement, advocating for unity over partisanship to avoid alienating employees, customers, and investors. He suggests that expressing support for fundamental values like stability and rule of law should not be deemed partisan, and discusses the role of CEOs in navigating political discussions within their organizations.
Reid Hoffman's support for Kamala Harris and other Democrats — and distaste for former President Trump — has plunged him into headlines, in opposition to Elon Musk and others. Reid joins Rapid Response host Bob Safian to take us inside Silicon Valley’s reaction to Harris’s presidential bid, why some business leaders are embracing Trump, and what the Democratic Party is telling major donors like himself. Plus, Reid shares blitzscaling advice for the Harris campaign and explains why the number one factor guiding his vote in November is rule of law.