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.

  • peregrin5@lemm.ee
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    6 days ago

    "Venture capitalists and startup founders complain about erratic policies and feel burned by crypto bro schemes like $Trump coin, which tanked after launch. "

    Lmao if you put money into TrumpCoin you deserve all your losses. Idiots.

    • CharlesDarwin@lemmy.world
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      6 days ago

      I want the names of the people that are VCs and startup founders that were so fucking stupid as to “invest” in something like a memecoin.

      Either you were/are in on the rugpull presidency or you aren’t. That coin was pure bullshit and at best, it’s just a way to launder money into donvict and his broligarchs pockets. If you aren’t on the inside of that scheme, you are the mark.