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I'm not smart enough to understand finance and so forth. So can't comment on that 2025 tax plan. I do know that "Bidenomics", aka the torrent of federal money
by specialist 2y ago
I'm not smart enough to understand finance and so forth. So can't comment on that 2025 tax plan.
I do know that "Bidenomics", aka the torrent of federal money (CHIPS Act, Inflation Reduction Act, EPAs new "Green Bank", Dept of Defense's retooling, etc), has been a huge boon for startups.
I would have thought a group of savvy entrepreneurs like a18z would join the renewable energy and domestic manufacturing bonanza.
But like I said, I don't understand finance. So I'm sure a17z have their reasons to sit this one out.
- TeaBrain 2y agoI wouldn't be surprised if they would have been on board for most of the Biden era economic policies. I think it may have just been the possible industry repercussions from the coming 2025 tax plan that made A&H anxious, given that it could disincentivize the venture capital growth market.