Andreessen Horowitz co-founders explain why they're supporting Trump
The co-founders of Andreessen Horowitz support Trump over Biden in 2024 due to tech-friendly policies. They criticize Biden's regulations and taxes, favoring Trump's approach for tech industry growth and competitiveness.
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The co-founders of Andreessen Horowitz, a prominent venture capital firm, have explained their support for former President Donald Trump over President Joe Biden in the 2024 presidential race. Marc Andreessen and Ben Horowitz believe Trump's policies are more favorable for the tech industry, particularly startups. They argue that Biden's administration stifles innovation through overregulation and taxation, contrasting it with Trump's approach that they see as more supportive of tech growth. Specifically, they disagree with Biden's proposed tax on unrealized capital gains, which they believe would harm startups by imposing taxes on valuation increases. Additionally, they highlight differences in AI regulation and crypto policies between the two candidates. Andreessen and Horowitz emphasize the importance of technology for the economy and national security, stating that tech prowess is crucial for maintaining America's global competitiveness. Their decision to support Trump has stirred controversy among their peers, but they believe it is necessary for the future of their business and the country.
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8 commentsAnd the politicians can now get paid very easily, just a transfer to a wallet, nobody knows. Even if it ever comes out, it is not a problem as long as they time it correctly. Just take the 'gift' later, not before: https://www.latimes.com/world-nation/story/2024-06-26/suprem...
I’ve had this observation/theory lately that the culture moves opposite to the government (in a free society) so I wonder if publicly associating yourself with the potential next administration is good for PR. Will people turn against tech once tech is actually in power? People are already sort of innately distrustful of big tech. And what is bigger than tech so closely aligned with the federal government.
Eh.. I can agree that we shouldn't over regulate tech and AI. But crypto needs to be banned and/or heavily regulated.
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