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a16z Lianchuang: Trump's policies are more beneficial to the technology and entrepreneurial ecosystem

CointimeCointime2024/07/17 11:34
By:Cointime

Marc Andreessen and Ben Horowitz, co-founders of Andreessen Horowitz (a16z), announced their support for Trump in the 2024 presidential election. Andreessen stated that although he had previously been a supporter of the Democratic Party, he now believes that Trump's policies are more favorable to the technology and startup ecosystem.The two explained that the Biden administration's excessive regulation and tax policies, especially the proposal to tax unrealized capital gains, have seriously affected startup companies and technological innovation. Trump, on the other hand, has shown a more open and supportive attitude towards artificial intelligence and cryptocurrency regulation. Horowitz also mentioned that during their dinner with Trump, he expressed concern about AI but stated that the US must win in this field or risk being overtaken by China.

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