**Louise Matsakis:** There’s a lot of anxiety surrounding what Mamdani symbolizes, which appears to be a democratic resurgence as a reaction to the Trump administration. Especially in New York City, where politics have been problematic for a while, Mamdani being young, Muslim, and a democratic socialist makes him a prime target for Silicon Valley figures to be unsettled by, almost like a Rorschach test.
**Zoë Schiffer:** Notably, David Sachs, the White House’s AI and Crypto czar, has cautioned that Mamdani might be a genuine threat to the nation. He used X to urge Silicon Valley to choose between supporting MAGA or risk being challenged by Mamdani. Similar posts have been made by the Gemini cofounders Tyler and Cameron Winklevoss, Palantir cofounder Joe Lonsdale, and Coinbase CEO Brian Armstrong. Observing the All In podcast, there’s been extensive discussion about this. These male figures often voice opinions on matters well beyond their typical professional purview.
**Louise Matsakis:** Indeed, some could say they’re professional posters. With all due respect to venture capitalists, VC work isn’t a nonstop occupation.
**Zoë Schiffer:** How dare you?
**Louise Matsakis:** Many investors undoubtedly have ample free time, but it’s curious why they’re defensive. Why does a candidate promoting effective governance, affordable housing, and equitable policies unsettle crypto moguls and VCs? After listening to Mamdani speak and in interviews, he doesn’t seem to advocate against the tech industry, which ties into Caroline’s report.
**Zoë Schiffer:** Precisely. Caroline spoke to individuals at a private 200-person event in July with Mamdani and tech leaders. Attendees felt he was thoughtful and engaging. While prominent tech voices criticize him, New York City’s tech community seems to have a more nuanced perspective. Another intriguing topic is ant smuggling, which surprisingly has significant personal relevance for me.