Silicon Valley

Tech Founders Slam Proposed California Wealth Tax, Warn of Potential Exodus

A proposed wealth tax targeting billionaires in California has sparked intense pushback from tech founders in the state, with some preparing to leave if the tax becomes law. Prominent conservative tech entrepreneur Palmer Luckey explains, “One market correction, nationalization event, or prohibition of divestiture (not at all uncommon during wartime) and I am screwed for life.”

Gavin Newsom wants to punish entrepreneurs

Silicon Valley Sickos: Airbnb Tells Customer Los Angeles Wildfires Don’t Count as ‘Major Disruptive Event’

An Airbnb customer claims the company refused to rebook her Los Angeles stay amid raging wildfires that spread due to extreme winds, causing historic destruction of homes and displacing tens of thousands of people. According to the Silicon Valley giant, the wildfires raging throughout Los Angeles are not a “major disruptive event.” The post prompted many to share their own Airbnb horror stories.

apartments burning in the Eaton Fire