this post was submitted on 26 Mar 2025
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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.

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[–] Ghosthacked@lemm.ee 1 points 6 days ago* (last edited 6 days ago)

Who's ready for the new Trump salad dressing? Et tu, Jeff?

The world is fucked, but we're about to get the best salad dressing ever.

[–] Petr90@mastodonczech.cz -1 points 6 days ago

@MicroWave Proč největší firmy v USA vedou naivní egocentrici, kteří si mysleli, že Trump nemyslí své výroky vážně?

[–] mrsjmccrimmon@feddit.uk 215 points 1 week ago (3 children)

“When tech people got involved in the government, they thought Trump was going to take more of a surgical approach and act less like a wrecking ball."

What about his first term, insurrection and campaign and everything about and around him suggested it’d be anything other than a wrecking ball approach???

[–] fluxion@lemmy.world 129 points 1 week ago (4 children)

Billionaires have done a lot these past few years toward outing themselves as being just as stupid as any other random dumbass.

[–] blarth@thelemmy.club 77 points 1 week ago (1 children)

They are. They just lack morals and empathy. They’re incapable of feeling shame for exploiting other humans.

[–] TheLowestStone@lemmy.world 39 points 1 week ago (2 children)

They were also all extremely lucky at least once.

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[–] jj4211@lemmy.world 13 points 1 week ago

His first term was pretty milquetoast during his term, at least in the ways that these stakeholders cared about. Yeah, he mucked with some trade relationships but largely backed down except for China, and China is a thorn in their side too. The economy basically looked similar to most presidential terms for the last 30 years (except for George W Bush, who had very subpar economic results). Yeah he did some horrible stuff and some incompetent stuff, but economically, his term was just fine (except for 2020, which derailed everyone).

The 2020 election, January 6th, and Trump's continuing behavior in the wake of that, and the PJ2025 associates that swarmed around him should have been the sign that he was too dangerous to risk. However they could have still thought that Trump's behavior was more of a show for riling up a base, and his second term would still give them a chance to have him shuffle off to a golf course while the big boys got what they wanted like usual.

This term, there just are no winners, at least domestically, and lots of losers.

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[–] HellsBelle@sh.itjust.works 136 points 1 week ago (2 children)

Awww. Poor rich babies are annoyed. My heart pumps purple piss for them.

FAFO assholes.

[–] dhork@lemmy.world 49 points 1 week ago (1 children)

My heart pumps purple piss for them.

I admire your commitment to the cause, but you really should get that checked out....

[–] HellsBelle@sh.itjust.works 17 points 1 week ago* (last edited 1 week ago) (3 children)

It's an old saying from back in the day (70s to 80s).

Check out The Wire for reference.

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My personal thought was "Aww, poor tech-bro capitalists are learning what the actual, obscene fundamentals of their antisocial ideology have always been, and that they were in fact not high-IQ genius technocrats knowing better than anyone else how to run mankind".

But then I realised they most likely learned nothing and will claim that they, themselves, would never have been so stupid.

[–] snekerpimp@lemmy.world 84 points 1 week ago (2 children)

Cool, so now the tech bros will stand up to them in the house and file articles of…. Oh wait, they don’t actually have any power in the government and will be able to do nothing to get the orange fascist and his South African goblin out of the place where they are doing IRREPARABLE harm.

[–] NJSpradlin@lemmy.world 21 points 1 week ago (4 children)

If they’ll counter Musk’s primarying political opposition and stooges, you may see congressmen grow a spine.

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[–] Goodmorningsunshine@lemmy.world 73 points 1 week ago (4 children)

Ok techbros and billionaires, either Luigi him or stfu. You pieces of shit tanked America.

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[–] liverbe@lemmy.world 73 points 1 week ago (1 children)

"You can always count on Americans to do the right thing - after they've tried everything else." -Winston Churchill

[–] limer@lemmy.dbzer0.com 14 points 1 week ago

Allow several hundred years, population boom and bust crashes, and then there will be one brief shining moment where we too can have our own king Author

[–] i_dont_want_to@lemmy.blahaj.zone 57 points 1 week ago (2 children)

"Oh no. I did his bidding. He was supposed to hurt other people, but not me. Now I hate that guy. Feel sorry for me."

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[–] SeaJ@lemm.ee 55 points 1 week ago (3 children)

It's like they learned nothing from the first time he was president.

[–] Kbibble@lemm.ee 15 points 1 week ago

They all banked the first time he was president. It's all us regular people who got boned.

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[–] peregrin5@lemm.ee 48 points 1 week ago (2 children)

"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.

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[–] Venicon@lemmy.world 47 points 1 week ago

suspicions of cronyism

Are you fucking serious?

[–] Grandwolf319@sh.itjust.works 41 points 1 week ago (3 children)

The entire article reads like:

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[–] Wilco@lemm.ee 36 points 1 week ago
  1. Support a corrupt and utterly idiotic wannabe dictator.

  2. Make that suprised Pikachu face when the guy you support turns out to be an idiot.

  3. Lose money because of the idiot.

[–] tal@lemmy.today 31 points 1 week ago (2 children)

Several Silicon Valley executives I spoke to — some of whom requested anonymity for fear of retribution — echoed this sense of disappointment, in particular at the havoc the Department of Government Efficiency has wreaked throughout the federal government. "We were all on board for a more business-friendly presidency, but in the end, the whole industry of crypto and AI got rug pulled," says the partner of a top-tier venture firm directly involved in the Trump administration. "The people surrounding Trump are all scamsters. They are getting rich off our votes, our dollars, and our time."

Well, there was an unforseeable outcome. Trump was so known for keeping salubrious company in the past.

[–] Ledericas@lemm.ee 1 points 6 days ago

they just realized they are all scam artist, in clude the potus himself?

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[–] AnUnusualRelic@lemmy.world 31 points 1 week ago (1 children)

Well, that was a quick honeymoon, did they get thoroughly fucked at least?

[–] tempest@lemmy.ca 22 points 1 week ago

They thought they paid their dues and Trump would leave them alone after some token bullshit and some "campaign donations" but Trump's senile ass is causing them issues and they're sour about it.

[–] Fedizen@lemmy.world 26 points 1 week ago

"Even our most soulless plutocrats are wondering if the EU replacing all its US based services might be a result of current leadership."

[–] thesohoriots@lemmy.world 26 points 1 week ago

Not so fun when you’re the ones being pumped and dumped

[–] vegeta@lemmy.world 25 points 1 week ago* (last edited 1 week ago)

Who knew tech bros were still stuck on OS X 10.5…I figured they would use more modern operating systems

[–] bradorsomething@ttrpg.network 25 points 1 week ago (3 children)

“A loose cannon eventually points your way.”

~me

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[–] groolthedemon@lemmy.world 24 points 1 week ago

Oh woe is me! Let's clutch our pearls and feel so sorry for the incel tech lords and crypto bros that brought this maniac authoritarian regime into power because now they're annoyed by his policies. Won't someone please pray for their capital trusts, mansions, nepobabies, and yachts! How will they survive with billions in property and means to escape when the little people tire of their shit and burn it all down?

Sarcasm aside I yearn for the day all these FAFO morons get utterly put in their places. Y'all got to ride high on extorting the working class and immigrant labor while you rubbed it in our faces. Fuck all of you, your lies, your fake unearned success, and your fake patriotism. Fuck all Nazis but six. Save them for pallbearers and when they're done burying the dead feed them to the dogs.

[–] apfelwoiSchoppen@lemmy.world 23 points 1 week ago

The leopard ate my face. What the actual hell did they expect‽

[–] Coreidan@lemmy.world 23 points 1 week ago (4 children)

Oh please. They love it. They are drooling at the idea of ushering in violence and fascism. They’ve been preparing for the last decade.

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[–] atzanteol@sh.itjust.works 23 points 1 week ago (1 children)

Several Silicon Valley executives I spoke to — some of whom requested anonymity for fear of retribution — echoed this sense of disappointment

Things are fucked up when private citizens criticize the government anonymously due to "fear of retribution".

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[–] MyOpinion@lemm.ee 20 points 1 week ago (1 children)

I guess maybe they should not have voted for him and paid him millions?

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[–] notsoshaihulud@lemmy.world 17 points 1 week ago (6 children)

WTF is up with these defense companies named after LOTR items?!

[–] Ledericas@lemm.ee 1 points 6 days ago

actually its mostly THIEL, hes obssesed with spying: Palintr and ANDURIL is his creation.

[–] kat_angstrom@lemmy.world 16 points 1 week ago (1 children)

You can blame Peter Thiel for that one

[–] bradorsomething@ttrpg.network 2 points 6 days ago (1 children)

You ever wonder if it would be Peter Tiel if he was straight?

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[–] massacre@lemmy.world 17 points 1 week ago

This whole article is "leapard at my face!" material

[–] ToiletFlushShowerScream@lemmy.world 17 points 1 week ago (2 children)

Why does anyone think trump and musk will make things better for them? This administration only serve themselves at the expense of what's left of the future of America.

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[–] CharlesDarwin@lemmy.world 16 points 1 week ago (6 children)

I wonder how many of them voted for qon assholes like donvict for the tax cuts and to combat "DEI" at least a little bit (or at least dunk on the 13 trans people in college sports nationwide or whatever the fuck) but they didn't want the monkey-flinging-shit level of batshit insanity that donvict has been doing...

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