Law, Power, and Justice

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“Any lingering awkwardness between the hosts and their guest of honor was dispelled by the fundraiser’s $12 million haul, much of it from cryptocurrency moguls.”

Excerpt From

“The Venture-Capital Populist”

George Packer

The Atlantic

https://apple.news/ACcNqsY4pT5efg6wo3KzZwA

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“In 2023, when Silicon Valley Bank collapsed, Sacks demanded that the federal government bail out the uninsured deposits of start-up companies, much of the money from crypto firms. “Some libertarians care about the freedom of only one person,” Peter Thiel, the entrepreneur, investor, and right-wing provocateur, once said of his friend Sacks.”

Excerpt From

“The Venture-Capital Populist”

George Packer

The Atlantic

https://apple.news/ACcNqsY4pT5efg6wo3KzZwA

This material may be protected by copyright.

“After the election, the new president appointed Sacks as his special adviser, or “czar,” for AI and crypto. After decades of keeping as far from Washington as possible, Silicon Valley would finally have its own man in the”

Excerpt From

“The Venture-Capital Populist”

George Packer

The Atlantic

https://apple.news/ACcNqsY4pT5efg6wo3KzZwA

This material may be protected by copyright.

“The Stanford Review, the conservative campus publication that Thiel had started as an undergrad. It took aim at the politically correct orthodoxy and anti-Western ideology that swept over American higher education in the late ’80s and early ’90s and never really left. But the outnumbered young conservatives’ mockery almost always overshot the target. An entire issue was devoted to making light of rape, including a contribution from Sacks that challenged whether statutory rape should be a crime. (He has since expressed regret for some of his youthful writings.)”

Excerpt From

“The Venture-Capital Populist”

George Packer

The Atlantic

https://apple.news/ACcNqsY4pT5efg6wo3KzZwA

This material may be protected by copyright.

“But these 20- and 30-somethings were not inspired in the same way that the founders of earlier Silicon Valley companies were: “They didn’t follow the vision of Steve Jobs, that tech can democratize power. They came to get rich.” McNamee added, “If their value system had been different, we would have a completely different country today.””

Excerpt From

“The Venture-Capital Populist”

George Packer

The Atlantic

https://apple.news/ACcNqsY4pT5efg6wo3KzZwA

This material may be protected by copyright.