Discussion

• @paleofuture Matt Novak on bluesky

  “Sacks' divestments mark a stark contrast to the behavior of others in the administration, and follow the first Trump term, during which conflicts of interest were routinely disregarded.”  [embedded post]

• @danprimack Dan Primack on x

  I'm told that a @DavidSacks disclosure on AI investments is coming within the next week or two David Sacks and his VC firm sold $200 million in crypto assets https://www.axios.com/...

• @pitdesi Sheel Mohnot on x

  Again: strong patriotic move from Sacks. He's personally potentially giving up hundreds of millions of gains to work in politics. It must feel so rotten that there are so many grifters around him in the administration

• @krishnanrohit Rohit on x

  This is really good on David both on optics and underlying fact.

• @sethbannon Seth Bannon on x

  This is what integrity looks like. Politically I disagree with @DavidSacks on most things but respect his decision to divest his crypto before serving. More of this please.

• @danprimack Dan Primack on x

  WH memo: @davidsacks sold around $200m of crypto-related assets (including those held by Craft Ventures, which does still retain stakes in some crypto cos, like BitGo). He also sold personal stakes in around 90 VC funds, including some managed by Sequoia Capital. He does not

• @danprimack Dan Primack on x

  Notable: No mention of divestitures of AI-related assets.