San Francisco office vacancies hit all-time high — despite Silicon Valley AI boom
More than a third of San Francisco’s offices remain vacant, even as the artificial intelligence boom has boosted share prices for Silicon Valley-based tech giants, according to the report. Real estate firm Cushman & Wakefield said vacancy rates for office space in San Francisco hit a record high of 34.5% in the second quarter, up […]
Is ‘Wokeism’ to Blame for Silicon Valley Bank’s Demise? No and Yes
Estimated Reading Time: 5 minutes Within days of Silicon Valley Bank’s swift and shocking collapse, a narrative formed that “wokeism” lay at the heart of the California bank’s sudden demise. It began with a Fox News appearance by Home Depot co-founder Bernie Marcus. “I feel bad for all of these people that lost all their […]
A segment of Silicon Valley is suddenly all in on Trump
A small but growing segment of Silicon Valley has gone all-in on Donald Trump, sources told The Washington Post, saying any stigma that previously came with supporting him has largely disappeared. “This is nothing like when I was kicked out in 2016… In 2016, there would have been backlash from portfolio companies and founders. [if […]
Trump, GOP make inroads in Silicon Valley
Former President Trump visited Democratic stronghold San Francisco last week to meet with a growing number of conservative technology executives, as Republicans appear to be making inroads in traditionally Democratic Silicon Valley. At a fundraiser hosted Thursday night by venture capitalists David Sachs and Chamath Palihapitiya, Trump brought in some of the biggest names in […]
Top Silicon Valley investor abandons Dems, cuts Trump campaign massive check after verdict: ‘I’ll lose friends for this’
A top Silicon Valley venture capitalist announced Thursday that he has donated $300,000 to former President Donald Trump’s reelection campaign following his conviction. Sean Maguire, a general partner at Sequoia Capital, isn’t just donating to Trump’s campaign: he supports him at all costs. “I personally believe that the double standards and legal war against Trump […]
‘Prepared to Lose Friends:’ Silicon Valley Venture Capitalist Explains Why He Just Donated $300K to Donald Trump
In a move that could cost him friends and business opportunities, Sequoia Capital partner and former Hillary Clinton supporter Sean Maguire has donated $300,000 to Donald Trump’s 2024 presidential campaign. in Post to X (formerly Twitter)Although Maguire supported Hillary Clinton in the 2016 election and abstained from voting in the 2020 election, he believes this […]
Silicon Valley Investors Back Trump: ‘Impossible to Support Biden’
Silicon Valley’s biggest investors are backing former President Donald Trump after expressing disgust at President Joe Biden’s anti-growth policy proposals. “It’s impossible to support Biden,” said Keith Rabois, an early leader at PayPal who also played key roles at LinkedIn, Square and Slide. SaidLaBois said that while he is no fan of Trump, he will […]
Silicon Valley investors turn against Biden, embrace Trump
Some Silicon Valley venture capitalists are beginning to take a stance against President Joe Biden even as they openly touted their support for former President Donald Trump, a big shift for an industry that has overwhelmingly backed Democrats for the past few years. High-profile names like David Sachs, Chamath Palihapitiya, Marc Andreessen and Sean Maguire […]
Biden’s Noncompete Ban Is a Gift to Silicon Valley
Biden’s FTC moves to protect Apple, Google, Meta, and Microsoft with non-competitive conduct bans The Biden administration’s declaration that nearly all non-compete clauses in employment agreements will be treated as illegal should be understood for what they are. A partial war and a giveaway to Silicon Valley’s wealthy supporters. The Biden-appointed Federal Trade Commission voted […]
California home size of hotel room on the edge of Silicon Valley hits market for $1.7M
Developers are drooling over this expensive pocket-sized palace. A bite-sized 384-square-foot home on the edge of California’s Silicon Valley has been put on the market for a whopping $1.7 million. According to ABC7. Located at the end of a cul-de-sac in a quiet residential area of Cupertino, the home is overlooked by neighboring $5 million […]