The Damage Report
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Here's How Tech Billionaires Could REACT If Democrats Takeover After MAGA Backing
Posted
October 19, 2025
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6:53Now PlayingHow major tech billionaires will likely shift or crumble following MAGA backing if power were to shift to Democrats in the next election. John Iadarola and Jacob Silverman it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
‘The Democrats Still May Not Understand What They're Dealing With’
"How did Silicon Valley leaders go from heaping praise on Barack Obama to going all in on Donald Trump?
To hear characters like venture capital firm a16z’s Marc Andreessen tell it, much of their current support for Trump has to do with a Joe Biden administration that attempted to throttle tech innovation. In December, Andreessen said in a podcast that he and other tech figures had meetings with Biden officials that were “absolutely horrifying … we came out basically deciding that we had to endorse Trump.”
But according to Jacob Silverman, author of the newly released book Gilded Rage: Elon Musk and the Radicalization of Silicon Valley, the tech industry flourished under Biden as well, benefitting in particular from increased cooperation with the defense sector. Rather, characters like Musk, Andreessen, Peter Thiel and David Sacks found common ground with Trump on many cultural issues, and realized that if they asked nicely, he would deliver them exactly what they wanted from the federal government."
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