Thursday, January 16, 2025

Party like you own the world: Tech billionaires for 47

Theodore Schleifer and Kenneth P. Vogel, A Euphoric Tech Industry Is Ready to Celebrate Trump and Itself, NYTimes, Jan. 16, 2025.

A party at the Beaux-Arts mansion of the venture capitalist Peter Thiel. A blowout organized by hosts of the popular tech podcast “All-In” at a brand-new members-only club. A viewing ceremony hosted by an ascendant, Silicon Valley-inflected network of wealthy donors.

Some of the most coveted parties during President-elect Donald J. Trump’s inaugural weekend will be hosted by the Silicon Valley donors who are flush with power at the dawn of his second administration. The tech industry that has embraced Mr. Trump over the last year or so is set to revel in its clout over days of festivities that will make the tech donors the stars of the show.

Then comes a bunch of stuff about the usual corporate and GOP suspects. And then...

Few events have attracted more interest from politically ambitious executives than the Crypto Ball, a sold-out affair on Friday night being put on by the cryptocurrency industry to celebrate what the invitation calls “the first crypto president.” Snoop Dogg is set to perform at the party, which will also celebrate David Sacks, a venture capitalist and podcaster whom Mr. Trump named as his czar for artificial intelligence and crypto issues.

MAGA Inc., a pro-Trump super PAC, is hosting a “V.I.P. reception” at the Crypto Ball, with a $100,000-per-person entry fee. MAGA Inc. is raising significant money from these tech and crypto executives: On Wednesday evening, Mr. Vance was at Le Bilboquet, a French restaurant in Palm Beach, Fla., to headline a $250,000-a-head dinner for the group, according to a person with knowledge of the event. The 20 or so attendees included Mr. Sacks, Cameron and Tyler Winklevoss, the crypto billionaires made famous in “The Social Network,” and Omeed Malik, an investor at 1789 Capital.

And so it goes.

Other tech companies hosting events include Spotify, which is holding a brunch featuring Joe Rogan, Megyn Kelly and Ben Shapiro, and Uber and X, which is led by Elon Musk, one of Mr. Trump’s most vocal boosters and his No. 1 donor. People expected to be on the social scene from Silicon Valley include the Meta chief Mark Zuckerberg, who is hosting a post-ceremony event alongside the likes of the megadonor Miriam Adelson, and of course, Mr. Musk and several of his friends from California, Texas and Florida.

I wonder if we’ll finally see the much ballyhooed cage match between Elon and The Zuck? I hear they’ve already started dropping Jägerbombs. & Hollywood’s taken the sets for Tron out of mothballs so the billionaires usher in the MAGAverse in style.

It's gonna’ be wild!

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