Do you think if Trump wins, it will be positive or negative for tech industry startups? Why?
Rick Fan
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Business Marketing with Nika@busmark_w_nika
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I only know that he supported the vision of crypto (but only for election purposes, I suppose).
They teamed up with Musk, so Musk is one of the top engineers. If they have some mutual collaboration, Musk can benefit from materials at reasonable prices.
Do not know because Musk is playing his politics, e.g. he tries to have good relationships with Bolivia, Argentina, and Chile because of cheaper Lithium in his batteries or so. I think this will be something similar with Trump.
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Also Starlink can be more prosperous and X can be good channel for both.
@busmark_w_nika Yes, cryptocurrencies have gone crazy today, and they may rise even higher in the future. However, for startups, the financing environment is a very important aspect, and I wonder what impact this will have.
@busmark_w_nika This is a positive development for Starlink and other industries under Musk, but it is estimated to have little impact on startups. What do you think?
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@rick_fan the thing is that they would like to centralised manufacturing more in America, so possibly the wheels of capitalism could be more oriented within country – it could help the business environment there on many fronts.. which can lead in more competition and many downfalls of some entities. Not everybody can be successful businessman.
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I just think we shouldn’t expect miracles from Trump. He talks a lot about fixing America, but he’s not a superhero. With his extensive business background, I’m sure he understands the importance of the tech industry to the country. In my opinion, that’s at least a solid foundation for moving in the right direction.