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RE: LeoThread 2025-01-03 09:38

in LeoFinance10 months ago

But according to the bill’s author, state Senator Scott Wiener, Silicon Valley played dirty to sway public opinion about SB 1047. He previously told TechCrunch that venture capitalists from Y Combinator and a16z engaged in a propaganda campaign against the bill.

Specifically, these groups spread a claim that SB 1047 would send software developers to jail for perjury. Y Combinator asked young founders to sign a letter saying as much in June 2024. Around the same time, Andreessen Horowitz general partner Anjney Midha made a similar claim on a podcast.