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To Do Politics or Not Do Politics? Tech Start-Ups Are Divided

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Rob Rhinehart, a co-founder of nutritional drink start-up Soylent, declared in a blog post last week that he was supporting Kanye West for president.

“I am so sick of politics,” Mr. Rhinehart wrote. “Politics are suddenly everywhere. I cannot avoid them.”

David Barrett, the chief executive of Expensify, a business software start-up, went in another direction. In an email to his company’s 10 million customers last week, he implored them to embrace politics by choosing the Democratic presidential nominee, Joseph R. Biden Jr.

“Anything less than a vote for Biden is a vote against democracy,” Mr. Barrett proclaimed.

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With days to go before the election on Tuesday, Mr. Rhinehart and Mr. Barrett represent the twin poles of a start-up culture war that has openly erupted in Silicon Valley. Start-ups such as the cryptocurrency company Coinbase and the audio app Clubhouse have become embroiled in a debate over how much politics should be part of the workplace. And venture capitalists and other tech executives have weighed in on social media with their own views.

“I have never seen another instance like this in my career,” said Bradley Tusk, a venture capitalist and political consultant. “There’s no real separation anymore, in the current political climate, between politics and everything else. It has permeated absolutely everything.”

Silicon Valley tech workers have long been regarded as liberal but not politically overactive. After President Trump’s victory in 2016, however, workers at large tech companies such as Google and Amazon began agitating more on issues like the ethics of artificial intelligence, immigration and climate change.

Now many start-up workers, who have been sold on a mission of changing the world, expect their employers to support their social and political causes, entrepreneurs and investors said. This summer’s protests against police violence prompted many tech companies to re-examine their own issues with race. And the pressure to make political moves before the election has only intensified.

The shift has grown partly out of a realization that no tech platform is completely neutral, said Katie Jacobs Stanton, who invests in start-ups through her venture capital firm, Moxxie Ventures. Founders who build companies with millions of users “really have an obligation to have a point of view and make sure their products are being used for good,” Ms. Stanton said.

“It’s disingenuous and it’s also the luxury of the privileged to say, ‘We don’t have a point of view,’” she added.

But others said they feared becoming a lightning rod or inflaming tensions at a hypersensitive moment during the coronavirus pandemic. Some worried that their companies could be sued by employees who might say they were discriminated against because of their political beliefs. Others said any move could be attacked by those who found the actions inauthentic or not enough.

Those tensions exploded in public last month when Brian Armstrong, the chief executive of Coinbase, penned a 2,000-word blog post to “clarify” his company’s culture. Mr. Armstrong wrote that he wanted Coinbase to generally avoid engaging with broader social issues and workplace conversations about politics. He said it was a way to minimize distraction and focus on the start-up’s mission of creating “an open financial system for the world.”

Credit…Steven Ferdman/Getty Images

Two months earlier, dozens of Coinbase employees had staged a walkout after executives were slow to express solidarity with Black Lives Matter protesters and minority employees, several workers said. In his post, Mr. Armstrong said employees who disagreed with his “no politics” stance could leave.

His position immediately created waves across Silicon Valley. Some praised the move, with one Coinbase investor comparing Mr. Armstrong to Michael “Jordan in his prime.” Others said opting out of politics was itself a political statement.

Dick Costolo, a former chief executive of Twitter, tweeted that “me-first capitalists who think you can separate society from business” would be shot in “the revolution.” He deleted the post after, he said, it set off violent threats and harassment.

In an interview, Mr. Costolo said it was impossible for companies to separate their mission from their impact on the world. “If you try to separate the social contract from the economic contract, don’t be surprised when there’s an uprising, because they’re linked,” he said.

Some Coinbase workers disagreed with Mr. Armstrong. “I’m just so mystified by the apparent lack of awareness in the blog post,” Ryan King, a Coinbase engineer, wrote on the company’s internal Slack messaging system. The message was reviewed by The New York Times. “A declaration that we’re not going to touch ‘broader societal issues’ fails to acknowledge that we’re a part of society,”

About 60 Coinbase employees, or 5 percent of the work force, have resigned, the company said. A spokeswoman declined further comment.

Fred Wilson, an investor at Union Square Ventures and a Coinbase board member, said in an interview that there were no easy answers for start-up leaders. “Many, many C.E.O.s have told me privately that they would like to have done what Brian did but don’t want to take the heat that he has taken,” he said.

On Monday, Mr. Wilson wrote a blog post about removing start-up chief executives who have “failed to manage numerous important challenges.” The post prompted speculation that he was referring to Mr. Armstrong, but Mr. Wilson said it was a metaphor for President Trump.

The political debates among Silicon Valley start-ups have ramped up since the Coinbase episode. Last week, Soylent’s Mr. Rhinehart published his post supporting Mr. West’s presidential bid. Mr. Rhinehart, who is on the board but not involved in the company’s day-to-day operations, also attacked the political system and the media, writing that “politics has always been based on jokes.”

Demir Vangelov, Soylent’s chief executive, said Mr. Rhinehart’s post did not represent the company. Soylent’s focus is on bringing “the best complete nutrition to everyone,” he said, and it does not take political stances.

At Expensify, based in Portland, Ore., Mr. Barrett took a different position. After spending more than a decade in Silicon Valley, where he found a “uniform view” that politics was not good for business, he moved to Portland four years ago. Now, he said, “choosing not to participate is also a choice — it’s a choice to defend the status quo.”

So when Expensify employees drafted an email to tell customers to vote for Mr. Biden, after concluding in an internal discussion that re-electing Mr. Trump would be a threat to democracy, Mr. Barrett favored sending it out. While roughly a third of Expensify’s top management opposed sending the email because it could alienate customers, the majority ruled, Mr. Barrett said.

Last Thursday, Expensify blasted its message to its 10 million users. “Not many expense reports get filed during a civil war,” Mr. Barrett wrote.

The email instantly drew criticism and praise on social media. Job applications, web traffic and customer sign-ups have since spiked, Mr. Barrett said. But he also received death threats, prompting him to hire private security. No customers have quit, potentially because Expensify’s system takes months to switch out of, he said.

Tayo Oviosu, chief executive of Paga, a payments start-up in Lagos, Nigeria, said Expensify’s email had crossed a line. Mr. Oviosu isn’t opposed to companies’ speaking up on social justice issues, “but that is very different than leveraging the fact that you used my personal information to tell me I have to vote in a certain way,” he said. “That is wrong.”

Mr. Oviosu, who was using a trial version of Expensify and was considering adopting the paid version, said he now planned to look at alternatives. “I think they lost me completely on this,” he said.

The start-up culture wars are also evident on Clubhouse, where people join rooms and chat with one another. The app has been a popular place for investors such as Marc Andreessen and other techies to hang out in the pandemic. (Mr. Andreessen’s venture firm, Andreessen Horowitz, has invested in Clubhouse, Coinbase and Soylent.)

On Oct. 6, Mr. Andreessen started a Clubhouse room called “Holding Space for Karens,” which describes having empathy for “Karens,” a slang term for a pushy privileged woman. Another group, “Holding Space for Marc Andreeeeeeeeeeeeeeeessen,” soon popped up. There, people discussed their disappointment with the Karen discussion and other instances when, they said, Clubhouse was hostile to people of color.

Mr. Andreessen and others later started a Clubhouse room called “Silence,” where no one spoke. Andreessen Horowitz declined to comment.

At a “town hall” inside the app on Sunday, Clubhouse’s founders, Paul Davison and Rohan Seth, were asked about Coinbase’s and Expensify’s political statements and where Clubhouse stood. They said the company was still deciding how Clubhouse would publicly back social causes and felt the platform should allow for multiple points of view, a spokeswoman said. She declined to comment further.

Yet even those wishing to stay out of politics are finding it hard to avoid. On Saturday, Mr. Armstrong shared Mr. Rhinehart’s blog post endorsing Mr. West on Twitter. “Epic,” tweeted Mr. Armstrong.

Several users pointed out the hypocrisy in Mr. Armstrong’s sharing something political after telling employees to abstain. One of his employees, Jesse Pollak, wrote that Mr. Armstrong had shared something with “a large number of inaccuracies, conspiracy theories, and misplaced assumptions.”

Soon after, Mr. Pollak and Mr. Armstrong deleted their tweets.

Source:- The New York Times

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Budget 2024 failed to spark ‘political reboot’ for Liberals, polling suggests – Global News

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The 2024 federal budget failed to spark a much-needed rebound in the polls for Prime Minister Justin Trudeau’s trailing Liberal party, according to new Ipsos polling released Tuesday.

Canadian reaction to the Liberal government’s latest spending plans shows an historic challenge ahead of the governing party as it tries to keep the reins of government out of the Conservative party’s hands in the next election, according to one pollster.

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“If the purpose of the budget was to get a political reboot going, it didn’t seem to happen,” says Darrell Bricker, CEO of Ipsos Global Public Affairs.

A symbolic ‘shrug’ for Budget 2024

The 2024 federal budget tabled last week included billions of dollars in new spending aimed at improving “generational fairness” and rapidly filling in Canada’s housing supply gap.

Ipsos polling conducted exclusively for Global News shows voters’ reactions to the 2024 federal budget mostly ranged from lacklustre to largely negative.

After stripping out those who said they “don’t know” how they feel about the federal budget (28 per cent), only 17 per cent of Canadians surveyed about the spending plan in the two days after its release said they’d give it “two thumbs up.” Some 40 per cent, meanwhile, said they’d give it “two thumbs down” and the remainder (43 per cent) gave a symbolic “shrug” to Budget 2024.


Ipsos polling shows few Canadians give Budget 2024 “two thumbs up.”


Ipsos / Global News

“Thumbs down” reactions rose to 63 per cent among Alberta respondents and 55 per cent among those in Saskatchewan and Manitoba.

Some 10 per cent of respondents said the budget would personally help them, while 37 per cent said it would hurt, after again stripping out those who said they didn’t know what the impact would be.

Asked about how they’d vote if a federal election were held today, 43 per cent of respondents said they’d pick the Conservatives, while 24 per cent said they’d vote Liberal, followed by 19 per cent who’d lean NDP.


Click to play video: '3 key takeaways from the 2024 federal budget'

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3 key takeaways from the 2024 federal budget


The Conservative lead is up one point from a month earlier, Bricker notes, suggesting that Budget 2024 failed to stem the bleeding for the incumbent Liberals.


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Only eight per cent of respondents to the Ipsos poll said the budget made them more likely to vote Liberal in the upcoming election, while roughly a third (34 per cent) said it made them less likely.

“The initial impressions of Canadians are that it hasn’t made much of a difference,” Bricker says.

Sentiment towards the Liberals remains slightly higher among generation Z and millennial voters — the demographics who appeared to be the focus of Budget 2024 — but Bricker says opinions remain “overwhelmingly negative” across generational lines.

Heading into the 2024 budget, the Liberals were under pressure to improve affordability in Canada amid a rising cost of living and an inaccessible housing market, Ipsos polling conducted last month showed.

The spending plan included items to remove junk fees from banking services and concert tickets, as well as some items aimed at making it easier for first-time homebuyers to break into the housing market. It also included a proposed change to how some capital gains are taxed, which the Liberals have claimed would target the wealthiest Canadians.

Paul Kershaw, founder of Generation Squeeze, told Global News after the federal budget’s release that while he was encouraged by acknowledgements about the economic unfairness facing younger demographics, there is no quick fix for the affordability crisis in the housing market.


Click to play video: 'Canada’s doctors say capital gains tax changes could impact care'

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Canada’s doctors say capital gains tax changes could impact care


A steep hill for Liberals to climb

Trudeau, his cabinet ministers and Liberal MPs have hit the road both before and after the budget’s release to promote line items in the spending plan.

Bricker says this is the typical post-budget playbook, but so far it looks like there’s nothing that “really caught on with Canadians” in the early days after the release of the spending plans. The Liberals have a chance to make something happen on the road, he says, but it’s “not looking great.”

“Maybe over the course of the next year, they’ll be able to demonstrate that they’ve actually changed something,” he says.

Bricker notes, however, that public opinion has changed little in federal politics over the past year.

The next federal election is set for October 2025 at the latest, but could be called earlier if the Liberals fail a confidence vote or bring down the government themselves.

But a vote today would see the Liberals likely lose to a “very, very large majority from the Conservative party,” Bricker says.


Click to play video: '‘$50B orgy of spending’: Poilievre mocks Trudeau for latest federal budget'

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‘$50B orgy of spending’: Poilievre mocks Trudeau for latest federal budget


“What we’re seeing is, if things continue on as they’ve been continuing for the space of the last year, that they will end up in a situation where, almost an historic low in terms of the number of seats,” he says.

The Conservatives are leading in every region in the country, except for Quebec, where the Bloc Quebecois holds the pole position, according to the Ipsos polling.

The Liberals are meanwhile facing “a solid wall of public disapproval,” Bricker says. Some 32 per cent of voters said they would never consider voting Liberal in the next election, higher than the 27 per cent who said the same about the Conservatives, according to Ipsos.

Typically, Bricker says an incumbent party can hold onto a lead in some demographic, age group or region and build out a strategy for re-election from there.

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But this Liberal party lacks any foothold in the electorate, making prospects look grim in the next federal election; it’s so bleak that he even invokes the Progressive Conservative party’s historic rout in the 1993 vote.

“The hill they have to climb is incredibly hard,” Bricker says.

“I haven’t seen a hill this high to climb in federal politics since Brian Mulroney was faced with a very similar situation back in 1991 and ’92. And we all know what happened with that.”

These are some of the findings of an Ipsos poll conducted between 17 and 18, April 2024, on behalf of Global News. For this survey, a sample of 1,000 Canadians aged 18-plus was interviewed online. Quotas and weighting were employed to ensure that the sample’s composition reflects that of the Canadian population according to census parameters. The precision of Ipsos online polls is measured using a credibility interval. In this case, the poll is accurate to within ± 3.8 percentage points, 19 times out of 20, had all Canadians aged 18-plus been polled. The credibility interval will be wider among subsets of the population. All sample surveys and polls may be subject to other sources of error, including, but not limited to coverage error, and measurement error.


Click to play video: '‘It’s absolutely right’: Freeland addresses capital gains tax adjustment concerns'

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‘It’s absolutely right’: Freeland addresses capital gains tax adjustment concerns


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Vaughn Palmer: Brad West dips his toes into B.C. politics, but not ready to dive in – Vancouver Sun

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Opinion: Brad West been one of the sharpest critics of decriminalization

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VICTORIA — Port Coquitlam Mayor Brad West fired off a letter to Premier David Eby last week about Allan Schoenborn, the child killer who changed his name in a bid for anonymity.

“It is completely beyond the pale that individuals like Schoenborn have the ability to legally change their name in an attempt to disassociate themselves from their horrific crimes and to evade the public,” wrote West.

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The Alberta government has legislated against dangerous, long-term and high risk offenders who seek to change their names to escape public scrutiny.

“I urge your government to pass similar legislation as a high priority to ensure the safety of British Columbians,” West wrote the premier.

The B.C. Review Board has granted Schoenborn overnight, unescorted leave for up to 28 days, and he spent some of that time in Port Coquitlam, according to West.

This despite the board being notified that “in the last two years there have been 15 reported incidents where Schoenborn demonstrated aggressive behaviour.”

“It is absolutely unacceptable that an individual who has committed such heinous crimes, and continues to demonstrate this type of behaviour, is able to roam the community unescorted.”

Understandably, those details alarmed PoCo residents.

But the letter is also an example of the outspoken mayor’s penchant for to-the-point pronouncements on provincewide concerns.

He’s been one of the sharpest critics of decriminalization.

His most recent blast followed the news that the New Democrats were appointing a task force to advise on ways to curb the use of illicit drugs and the spread of weapons in provincial hospitals.

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“Where the hell is the common sense here?” West told Mike Smyth on CKNW recently. “This has just gone way too far. And to have a task force to figure out what to do — it’s obvious what we need to do.

“In a hospital, there’s no weapons and you can’t smoke crack or fentanyl or any other drugs. There you go. Just saved God knows how much money and probably at least six months of dithering.”

He had a pithy comment on the government’s excessive reliance on outside consultants like MNP to process grants for clean energy and other programs.

“If ever there was a place to find savings that could be redirected to actually delivering core public services, it is government contracts to consultants like MNP,” wrote West.

He’s also broken with the Eby government on the carbon tax.

“The NDP once opposed the carbon tax because, by its very design, it is punishing to working people,” wrote West in a social media posting.

“The whole point of the tax is to make gas MORE expensive so people don’t use it. But instead of being honest about that, advocates rely on flimsy rebate BS. It is hard to find someone who thinks they are getting more dollars back in rebates than they are paying in carbon tax on gas, home heat, etc.”

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West has a history with the NDP. He was a political staffer and campaign worker with Mike Farnworth, the longtime NDP MLA for Port Coquitlam and now minister of public safety.

When West showed up at the legislature recently, Farnworth introduced him to the house as “the best mayor in Canada” and endorsed him as his successor: “I hope at some time he follows in my footsteps and takes over when I decide to retire — which is not just yet,” added Farnworth who is running this year for what would be his eighth term.

Other political players have their eye on West as a future prospect as well.

Several parties have invited him to run in the next federal election. He turned them all down.

Lately there has also been an effort to recruit him to lead a unified Opposition party against Premier David Eby in this year’s provincial election.

I gather the advocates have some opinion polling to back them up and a scenario that would see B.C. United and the Conservatives make way (!) for a party to be named later.

Such flights of fancy are commonplace in B.C. when the NDP is poised to win against a divided Opposition.

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By going after West, the advocates pay a compliment to his record as mayor (low property taxes and a fix-every-pothole work ethic) and his populist stands on public safety, carbon taxation and other provincial issues.

The outreach to a small city mayor who has never run provincially also says something about the perceived weaknesses of the alternatives to Eby.

“It is humbling,” West said Monday when I asked his reaction to the overtures.

But he is a young father with two boys, aged three and seven. The mayor was 10 when he lost his own dad and he believes that if he sought provincial political leadership now, “I would not be the type of dad I want to be.”

When West ran for re-election — unopposed — in 2022, he promised to serve out the full four years as mayor.

He is poised to keep his word, confident that if the overtures to run provincially are serious, they will still be there when his term is up.

vpalmer@postmedia.com

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  1. B.C. Premier David Eby.

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LIVE Q&A WITH B.C. PREMIER DAVID EBY: Join us April 23 at 3:30 p.m. when we will sit down with B.C. Premier David Eby for a special edition of Conversations Live. The premier will answer our questions — and yours — about a range of topics, including housing, drug decriminalization, transportation, the economy, crime and carbon taxes. Click HERE to get a link to the livestream emailed to your inbox.

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Fareed’s take: There’s been an unprecedented wave of migration to the West – CNN

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Fareed’s take: There’s been an unprecedented wave of migration to the West

On GPS with CNN’s Fareed Zakaria, he shares his take on how the 2024 election will be defined by abortion and immigration.


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