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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[–] mrsjmccrimmon@feddit.uk 214 points 5 days 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 128 points 4 days 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 4 days 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 4 days ago (2 children)

They were also all extremely lucky at least once.

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[–] HellsBelle@sh.itjust.works 137 points 5 days ago (2 children)

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

FAFO assholes.

[–] dhork@lemmy.world 49 points 5 days 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 5 days ago* (last edited 5 days 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 86 points 5 days 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 5 days 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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[–] qarbone@lemmy.world 75 points 3 days ago (2 children)

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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[–] liverbe@lemmy.world 74 points 5 days 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 5 days 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

[–] Goodmorningsunshine@lemmy.world 72 points 4 days ago (3 children)

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

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[–] i_dont_want_to@lemmy.blahaj.zone 57 points 4 days 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 4 days ago (3 children)

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

[–] Kbibble@lemm.ee 14 points 4 days 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 4 days 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 4 days ago

suspicions of cronyism

Are you fucking serious?

[–] Grandwolf319@sh.itjust.works 40 points 4 days ago (3 children)
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[–] Wilco@lemm.ee 36 points 4 days 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.

[–] aesthelete@lemmy.world 33 points 3 days ago (1 children)
[–] YiddishMcSquidish@lemmy.today 18 points 3 days ago* (last edited 3 days ago)

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!

[–] tal@lemmy.today 32 points 5 days 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.

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[–] AnUnusualRelic@lemmy.world 31 points 4 days ago (1 children)

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

[–] tempest@lemmy.ca 22 points 4 days 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.

[–] thesohoriots@lemmy.world 27 points 5 days ago

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

[–] Fedizen@lemmy.world 26 points 4 days ago

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

[–] groolthedemon@lemmy.world 25 points 5 days 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.

[–] vegeta@lemmy.world 25 points 5 days ago* (last edited 5 days 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 4 days ago (3 children)

“A loose cannon eventually points your way.”

~me

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[–] Polderviking@feddit.nl 25 points 4 days ago (8 children)

Tech leaders who once backed Trump

Once, meaning, until about two months ago.

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[–] doctorschlotkin@lemm.ee 25 points 4 days ago (3 children)

All these unprincipled fucks naming their companies after things from LOTR belies their complete lack of understanding of Tolkien and his morality. He’d fucking hate them all.

[–] chiliedogg@lemmy.world 24 points 4 days ago

Palantir is pretty spot-on. It spies on everyone, is a tool of evil, and once used you never know who's watching and influencing you.

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[–] atzanteol@sh.itjust.works 24 points 4 days 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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[–] apfelwoiSchoppen@lemmy.world 24 points 5 days ago

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

[–] Coreidan@lemmy.world 23 points 4 days 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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[–] anachronist@midwest.social 21 points 3 days ago

They're jangling their keys in front of the Democrats now to:

  • hedge their bets in case of Trump unpopularity and a midterm loss and
  • preclude any anti-corportist reform in that party after their blowout loss
[–] MyOpinion@lemm.ee 20 points 5 days ago (1 children)

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

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[–] ProfHillbilly@lemmy.world 19 points 3 days ago

Fuck every one of these "tech bros" in the article.

[–] Nangijala@feddit.dk 18 points 3 days ago

Annoyed? ANNOYED? OH POOR BABIES.

Must be nice to be "annoyed" by what is going on right now.

[–] notsoshaihulud@lemmy.world 17 points 4 days ago (6 children)

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

[–] kat_angstrom@lemmy.world 16 points 4 days ago (2 children)

You can blame Peter Thiel for that one

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[–] massacre@lemmy.world 17 points 4 days ago

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

[–] ToiletFlushShowerScream@lemmy.world 16 points 4 days 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 4 days ago (4 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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[–] tal@lemmy.today 14 points 5 days ago* (last edited 5 days ago)

Steve Witkoff, for instance, a longtime Trump associate who was appointed as the United States special envoy to the Middle East, has been cashing in on his proximity to Trump to secure private deals, this person says. Witkoff's son, Zach Witkoff, is the cofounder of World Liberty Financial, the crypto banking platform that launched Trump's memecoin. Early in March, Steve Witkoff sent cryptocurrency advocates to the Middle East to promote World Liberty Financial's latest stablecoin project, The Wall Street Journal reported. "Steve Witkoff is calling every sovereign government and saying, 'You need to support this coin if you want to be in good standing with Trump,'" the person says. Witkoff did not respond to multiple requests for comment.

That doesn't seem like a great office to have a holder who is soliciting bribes from foreign countries to affect national policy.

https://en.wikipedia.org/wiki/Steve_Witkoff

In November 2024, then President-elect Donald Trump announced that he would appoint Witkoff to be the United States Special Envoy to the Middle East...In addition to his Middle East portfolio, he also became Trump's personal de facto envoy to Russian President Vladimir Putin.[5]

[–] nkat2112@sh.itjust.works 13 points 4 days ago

How the tech oligarchy chose to side with Felon Drink Bleach in the first place is unacceptable.

We will not forget.

[–] Gumbyyy@lemmy.world 13 points 4 days ago (1 children)

If only there had been any warning signs in advance!

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