Tech week tests Trump rift with Silicon Valley
Though many Venture Capitalists steered clear, execs are eager for seat at table
Bloomberg reported this morning that venture capitalists either declined to attend events at the Trump administration’s tech week, or felt the need to defend their attendance. “Privately, several of those who were invited to Thursday’s session said they saw no benefit in going and didn’t want to compromise their reputations by fraternizing with an unpopular president,” the article reported.
But the sentiment of executives at America’s largest tech firms is clearly that working with Trump is a priority, despite how unpopular he may be on their home turf.
“In spite of pressure for the tech community to denounce the Trump administration, the new tech summit’s lineup remains nearly the same as it was back in December, again featuring Tim Cook, Jeff Bezos, Eric Schmidt, Satya Nadella and Brian Krzanich, among others. Elon Musk, absent today, famously rage-quit his White House relationship after Trump left the Paris Agreement in early June. And this time around, Facebook didn’t send COO Sheryl Sandberg (apparently due to a scheduling conflict), though noted maybe-vampire and longtime Facebook board horror Peter Thiel was there.”