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FOUND: 5 | Mind Blowing Facts

VCs are unfazed by recession jitters—here’s why

Yesterday, the S&P 500 closed down by 3%, clocking its biggest single-trading-session loss since 2022. But talking to VCs the message I got was pretty self-assured: We’re not worried.

Fortune

Major Outage Disrupts Top Online Brokerages Amid 2024 Stock Market Sell-Off

This unexpected event occurred during what was anticipated to be one of the biggest stock market sell-offs of 2024.

International Business Times

Trump urges supporters to ‘GO AFTER’ Google and Meta, escalating tech tensions

As election season intensifies, tech figures are dividing into Democratic and Republican camps.

Fortune

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How this female VC got hundreds of Silicon Valley investors to support Kamala Harris

The VCs for Kamala group, launched by Leslie Feinzaig, says it's “pro-business, pro-American dream, pro-entrepreneurship, and pro-technological progress."

Fortune

JD Vance is the baby of big tech and big oil. He’s no ‘working-class populist’

Trump’s running mate is not a break from ruthless Republican capitalism – just a shameless repackaging of it

The Guardian - US

Silicon Valley is at war with itself over Kamala Harris vs. Trump, fighting in the open and spending millions to win

One investor says they have “lost lots of friends” over their position in this year’s election.

Fortune

How JD Vance’s path to being Trump’s VP pick wound through Silicon Valley

Yale Law School graduate found allies in tech billionaires including Peter Thiel who rallied privately for him

The Guardian - US

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Ethereum co-founder Vitalik Buterin warns against voting on crypto policy, as a16z founders endorse Trump

One of crypto’s most influential voices is arguing that a candidate's track record of protecting freedom is the most important consideration on the ballot.

Fortune

Kara Swisher says Silicon Valley’s growing concentration of power in Washington, D.C., is ‘really problematic’

“This sort of explicit grab for power has worked really nicely,” she said.

Fortune

Co-founders of Silicon Valley venture capital firm back Trump’s presidential bid

Ben Horowitz and Marc Andreessen, founders of A16Z, plan to give large donations to former president’s campaign

The Guardian - UK

Andreessen Horowitz founders endorse Trump—'the future of our business...is literally at stake'

Marc Andreessen and Ben Horowitz fear an anti-capitalist wing of Biden's party threatens to wipe out innovative startups that fuel America's economic growth.

Fortune

As VCs pledge support for Trump, Fearless Fund's Arian Simone keeps fighting for diversity

VCs are at odds when it comes to DEI.

Fortune

Sequoia captain Roelof Botha says firm won't take sides in presidential election, laments 'unhealthy' partisan divide

Botha says he is not registered with either political party. And while several prominent venture capital investors including Marc Andreessen, Reed Hoffman, and David Sacks have lined up on team Trump or Biden, Sequoia is staying on the sidelines.

Fortune

Permissionless Funding: Marc Andreessen Gives Bitcoin Grant To AI Bot On X

Billionaire Marc Andreessen has made a mark in the crypto industry after he provided a "permissionless funding" grant to an AI bot on X Wednesday using Bitcoin to help with the bot's planned projects.

International Business Times

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The Guardian - UK

Silicon Valley wants unfettered control of the tech market. That’s why it’s cosying up to Trump

Spooked by Biden’s wealth tax, big tech venture capitalists are showing their progressive credentials were only ever skin deep, says writer Evgeny Morozov

Fortune

Andreessen Horowitz plans to launch a private equity fund, documents show

The new fund will likely be for clients of a16z’s new wealth management division.

International Business Times

Led By Musk, Silicon Valley Inches To The Right

Since his tumultuous takeover of Twitter, Elon Musk has made an unabashed turn to the right politically, defying the orthodoxy that Silicon Valley is a citadel of well-heeled liberals beholden to Democrats.

Fortune

Silicon Valley doesn’t care about Big Tech’s AI conflicts of interest

Generative AI technology is blurring the lines between businesses and bringing fresh scrutiny to the boardroom roles of heavy-hitters like Reid Hoffman and Marc Andreessen.

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Fortune

Marc Andreessen argues celebrity-led brands—from Kim Kardashian’s Skims to Logan Paul’s Prime—are not 'gimmicks' but 'the future of consumer products'

Twenty years from now it might be clear this was the "great transition" to brands being "individually led," said the billionaire VC.

Fortune

Vitalik is the public intellectual the tech world needs right now

Buterin’s empathetic worldview is a refreshing alternative to Marc Andreessen and other outspoken tech geniuses.

Evening Standard

What is a decel? The term that encapsulates the dueling ideologies in AI

Influential tech investors and online crackpots alike are convinced there's a battle being waged between AI doomsayers and futurists

Fortune

Billionaire ‘techno-optimist’ Marc Andreessen is tweeting up a storm about Sam Altman and OpenAI and he’s furious at the AI 'Doomer' movement

The Andreessen Horowitz co-founder has long believed that “software is eating the world,” but he wants the AI space to move faster.

Fortune

Elon Musk says AI will remove need for jobs, create ‘universal high income'

Elon Musk predicted that AI would remove the need for jobs and create universal high income in a conversation with U.K. Prime Minister Rishi Sunak.

The Conversation

A new Silicon Valley manifesto reveals the bleak, dangerous philosophy driving the tech industry

In 1993, Marc Andreessen was an undergraduate at the University of Illinois Urbana-Champaign, where he also worked at the US-government funded National Center for Supercomputing Applications. With a colleague, the young software engineer authored the Mosaic web browser, which set the standard for cruising the information superhighway in the 1990s.

The Guardian - UK

‘Bletchley made me more optimistic’: how experts reacted to AI summit

Not everyone sees AI as a threat to humanity – caveated hope was a common mood after the artificial intelligence safety conference

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