{"id":1549762,"date":"2025-07-29T19:40:00","date_gmt":"2025-07-29T23:40:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1549762"},"modified":"2025-07-29T19:40:00","modified_gmt":"2025-07-29T23:40:00","slug":"billionaire-activist-reid-hoffman-admits-democratic-party-has-alienated-silicon-valley","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/billionaire-activist-reid-hoffman-admits-democratic-party-has-alienated-silicon-valley\/1549762\/","title":{"rendered":"Billionaire Activist Reid Hoffman Admits Democratic Party Has ‘Alienated’ Silicon Valley"},"content":{"rendered":"

Billionaire Activist Reid Hoffman Admits Democratic Party Has ‘Alienated’ Silicon Valley<\/span><\/p>\n

\n

When he\u2019s not bankrolling lawsuits against President Donald Trump, defending his connections to Jeffrey Epstein, or funding hoaxes against Republican candidates, Reid Hoffman is coming to grips with the fact that the millions he\u2019s dumped into the Democratic Party might not have been his smartest investment.<\/strong><\/p>\n

<\/a><\/p>\n

Hoffman, who founded the corporate cringe machine Linkedin, recently appeared on Palantir co-founder Joe Lonsdale\u2019s podcast, American Optimist, where he waxed poetic from everything to the future of artificial intelligence from his unhappiness with politics.<\/p>\n

“I regret this and wish it didn\u2019t happen, but I think the Democratic Party really did alienate a section of Silicon Valley and the tech people<\/strong>,\u201d Hoffman told Lonsdale. “Whether it was attacks on crypto or attacks on Big Tech.\u201d<\/p>\n

Reid Hoffman to @JTLonsdale<\/a>: Democrats Alienated Part of Silicon Valley With Attacks on Crypto, Diversity Push<\/p>\n

“I regret this and wish it didn\u2019t happen, but I think the Democratic Party really did alienate a section of Silicon Valley and the tech people. Whether it was attacks\u2026 pic.twitter.com\/xQRw6p6yin<\/a><\/p>\n

\u2014 Josh Caplan (@joshdcaplan) July 28, 2025<\/a><\/p>\n

“One of these things Silicon Valley shares is this deep view that the way you make massive progress for humanity is creating scale technologies, and the principal way of creating scale technologies is companies,\u201d the leftwing billionaire added. “If you\u2019re attacking that and limiting it, then you have all kinds of problems<\/strong>.\u201d<\/p>\n

Hoffman then tried to play the both-sides card, decrying supposed extremists on both the left and right spectrum, but, in a surprising moment of self-reflection, called out the Democrats on prioritizing racist diversity, equality, and inclusion efforts over technological progress.<\/p>\n

“You\u2019ve got crazy people on both sides.<\/strong>\u00a0 [ZH: oh?] You have crazy people saying, ‘No, no, no, no, we shouldn\u2019t allow any technological progress until you have exact proportionate of races and genders and everything else.’ And it\u2019s like, no, no, no, no, progress and technology\u2014it’s fundamental,\u201d Hoffman said.<\/p>\n<\/p>\n

Hoffman reportedly visited<\/a> Epstein\u2019s private island, Little St. James, in 2014 for MIT fundraising with Joi Ito,<\/strong> the then-MIT Media Lab director, despite Epstein\u2019s 2008 conviction as a sex offender, and was scheduled to stay at Epstein\u2019s Manhattan townhouse that year. The billionaire later expressed regret for these associations.<\/strong><\/p>\n

Hoffman also funded<\/a> E. Jean Carroll\u2019s defamation and battery lawsuit against President Donald Trump through his nonprofit, <\/strong>American Future Republic, raising concerns about political motivations in the judicial process.<\/p>\n

In the 2017 Alabama Senate election, Hoffman funded<\/a> American Engagement Technologies (AET) which provided funds that were used for “Project Birmingham” a disinformation campaign that created fake Facebook pages to discourage Republican voters from supporting Judge Roy Moore for the U.S. Senate<\/strong>, for which he later apologized, claiming ignorance of the tactics.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nTue, 07\/29\/2025 – 15:40<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/political\/billionaire-activist-reid-hoffman-says-democratic-pary-has-alienated-silicon-valley<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Billionaire Activist Reid Hoffman Admits Democratic Party Has ‘Alienated’ Silicon Valley When he\u2019s not bankrolling lawsuits against President Donald Trump, defending his connections to Jeffrey…<\/p>\n","protected":false},"author":0,"featured_media":1549763,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1549762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1549762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1549762"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1549762\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1549763"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1549762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1549762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1549762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}