Major Silicon Valley investors are backing former President Donald Trump after expressing disgust for President Joe Biden’s anti-growth policy proposals.
“It’s impossible to support Biden,” Keith Rabois, an early leader at PayPal, who also played key roles at LinkedIn, Square, and Slide, said. Rabois did clarify that while he is not a fan of Trump, he would be working to elect a Republican House and Senate.
Other prominent big tech moguls including David Sacks, Chamath Palihapitiya, Marc Andreessen, and Shaun Maguire have tired of Biden’s proposals, including a 25 percent “billionaire tax” and antitrust crackdowns enacted by the Democrat majority at the Federal Trade Commission (FTC).
Other tech executives also opposed oppressive regulations imposed by Securities and Exchange Commission (SEC) Chairman Gary Gensler.
