The Tide May Be Turning
In a post last month ("How The Democrats Los Silicon Valley"), I mentioned that top Silicon Valley venture capitalists Marc Andreessen and Ben Horowitz had endorsed Trump.
How The Democrats Lost Silicon Valley
— Portfolio Armor (@PortfolioArmor) July 17, 2024
When the grandson of communists compares your tax policy to Lenin's liquidation of the kulaks, you might have gone too far. https://t.co/eKoe3YkVAj$SQ #BTC
Ben Horowitz, in particular, seemed like an unusual Trump supporter, coming from a liberal Jewish background. Now it looks like Trump has another, thanks to his X space with Elon Musk last night: Zynga founder Mark Pincus. During the first Trump administration, Pincus opposed Trump's "Muslim ban", but after the leftist celebrations following October 7th last year, he seemed to have some second thoughts about that.
Yes. Im generally in favor of open borders and America has a responsibility to take as many as we can but also am concerned by what were seeing today.
— mark pincus (@markpinc) December 10, 2023
The Impact of Elon's Space with Trump
Last night's X space seemed to have quite an impact on Pincus--Elon Musk's prediction that undecideds might change their views after having hearing Trump speaking directly.
Trump is strong in conversation. Hate me for stating truths!
— mark pincus (@markpinc) August 13, 2024
I agree with everything Trump has said so far other than when he changed the subject away from global warming. Wish we could hear Kamala speak real and unscripted too.
— mark pincus (@markpinc) August 13, 2024
Mean Girl Response From Liberals
Apparently, famed Silicon Valley reporter Kara Swisher attacked Pincus for saying positive things about Trump on Facebook's Twitter clone, Threads.
Kara Swisher attacked me personally on Threads for breaking with her Dem team. Oops. I thought we were friends:)
— mark pincus (@markpinc) August 13, 2024
And @karaswisher nice try accusing me of playing some kind of game. What did i get out of maxing out for the past four Dem potus campaigns? The truth is that ive always supported what i believe is best for the country.
— mark pincus (@markpinc) August 13, 2024
Democrats Are No Longer The Smart Party
It used to be that Democrats prided themselves on being the party of Silicon Valley geniuses, but it's hard to appeal to the smart set while running what may be the lowest-IQ ticket in history.
Meanwhile the Dems are running an alumna of an HBCU and an alumnus of a non-selective state college. https://t.co/6WmwOXENXb pic.twitter.com/lunAvZJeZc
— David Pinsen (@dpinsen) August 12, 2024
The Kamala campaign resorting to snark after the Trump space didn't appeal to Pincus.
Kamala team is so snarky. Thought her campaign was about love and joy or am i confusing her sound bites?
— mark pincus (@markpinc) August 13, 2024
Anyone who listened heard a far better, substantive conversation than sparring on MSNBC. https://t.co/d8Hp9iGgPJ
Perhaps his reaction was representative of more smart former Democrats.
In Case You Missed It
Last Thursday, we had a small cap AI name appear in our weekly Top Ten Names. It then shot-up 20% overnight, after an earnings beat, so we held off on buying it last week. It just gave back most of those games on Tuesday though, on no news, so we took advantage of the pullback to place a bullish bet on it. You can read about that below.
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