How Silicon Valley Helped Make Donald Trump Competitive Again
The venture capitalists have created a permission structure for those who favor Silicon Valley-style 'disruptive innovation.'

The venture capitalists have created a permission structure for those who favor Silicon Valley-style 'disruptive innovation.'
Silicon Valley is a state of mind more than a physical geography. It is a moniker for innovation in information technology and beyond.
That place, and that nickname, used to be solidly Democratic. Yet now some (but by no means all) of Silicon Valley's leading grandees are vocally advocating in the presidential race for Donald Trump over their hometown Senator-turned-Vice President Kamala Harris. Why?
Here's the simplest answer possible: Cryptocurrency regulation, fear of capital gains taxes, and the Valley's own taste for risk and even disruption.
There's been great reporting in recent weeks by The New York Times and The Information, connecting the dots among the tech tycoons, including venture capitalist Peter Thiel, his protege David Sacks, and legendary VCs Marc Andreessen's and Ben Horowitz's July embrace of Trump.
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