Election Anxiety Isn’t Stopping VC Firms From Making Deals

Hillary Trump Presidential Collage
Flickr/Doc; Flickr/Gage Skidmore

Venture capitalists and tech industry leaders have been more vocal in this election than usual, and despite their anxiety over its results they are still getting deals done.

“Most VCs and tech entrepreneurs are optimists—they have to be,” says Newark Venture Partners managing partner Thomas Wisniewski. “They need to believe they are unstoppable, that success is inevitable, that even if the economy tanks, and the market crashes...that it won’t matter.”

That optimism is pushing venture capitalists to deploy capital undaunted by the election, even though the tech sector largely came out against Donald Trump on immigration and free trade in a July open letter, the Wall Street Journal reports.

That doesn’t mean tech leaders aren’t anxious—on the contrary, industry players say they are just as interested as everyone else, but they aren't allowing their interest and anxiety to paralyze them. [WSJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Stockdale Hires Fortress Exec To Launch Debt Business

Discussing Strategic Capital Stack Structuring At Bisnow's Sept. 30 National Finance Event

Inside The Nationwide Jockeying For Opportunity Zones 2.0

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Hines And Rialto Close Office Credit Fund At $1.1B

Chipotle Adding Hundreds Of New Locations Worldwide

'Beyond A Routine Wobble': 10-Year Treasury Clears 5% Ahead Of Key Fed Meeting

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Airbnb Launches $250M Fund To Invest In Affordable Housing

Brookfield Buys Minority Stake In Hyperscale Data Center Developer AREP

Judge Dismisses Suit Alleging Alexandria Misled Investors Over Portfolio Strength