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.

76 points

They’re mad because he’s ruining their income, we’re mad because he’s ruining the country; we are not the same.

Fuck them.

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13 points

There is no greater joy than when two of your enemies go to war against each other.

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9 points

🤘

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215 points

“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???

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129 points

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

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77 points

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

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39 points

They were also all extremely lucky at least once.

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3 points

Yeah well I’m not saying it’s entirely luck, but luck is certainly a significant factor in becoming a billionaire.

Right place, right time, right resources at said place and time etc.

They’re not super geniuses better than anyone else, they just had a lot fall their way, and had the work ethic/psychopathic tendencies to capitalise on it.

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1 point

In about 2018, I think, a team of researchers put together a mathematical model of how markets work. What they found is that wealth just naturally accumulates to a few people. It’s inherent to how markets work, and it’s more or less at random; in their simulation runs, every person started out in an equal position.

It’s all luck. It doesn’t even take being in the right place at the right time, although that helps. Since us humans operate on narratives and just-world fallacies, it’s really easy for us to construct a post hoc story about why a certain billionaire succeeded. But it’s all luck.

(I remember that I read about this research in Scientific American, but I don’t have the link handy.)

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13 points

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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6 points

Naked greed has a way of making even the orangest turd seem to sparkle like gold.

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137 points

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

FAFO assholes.

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49 points

My heart pumps purple piss for them.

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

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17 points
*

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

Check out The Wire for reference.

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5 points

Awesome show. Can’t remember that line though.

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3 points

Great; time for another rewatch.

Maybe this time FS won’t die.

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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.

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33 points

“Annoyed”

Oh fuck off.

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18 points
*

Fuck this comment hits hard!

With people like Peter thiel running this god damned industry, who also bankrolled trump, I feel no sympathy!

Fuck em all! You got what you thought you wanted!

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73 points

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

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12 points

I had to laugh when I saw some dumbass posting some FB-level political magabrained copium about how gas prices are going down thanks to dumbass donvict.

And the amount of comments underneath it, thanking donvict for doing great things for America. The amount of absolute DELUSION out there, as well as the people that proudly slap that delusion up there on…checks notes…a site for building your network for your career for employers, co-workers, and potential clients/customers to see is mind-boggling.

I bet these same set of dumbasses will be all Pikachu-faced and talking about how they are being “censored” by Big Tech if they were to find out that people take a pass on hiring/doing business with a chucklefuck jagoff posting moronic political nonsense on a site for your career…they never seem to realize that free speech cuts both ways. They are free to express what idiots they are and others are free to disassociate with them because of it.

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5 points

I’ve seen shit like that too. I’m convinced they are all bots since meta just gave up on stopping them.

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4 points
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Removed by mod
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3 points

I’ve said almost the exact thing no less than ten times in this thread, using way too many words.

🤘 Fuck yeah!

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