Linda Yaccarino stepped down as CEO of X after two years, having been hired to revitalize the platform's advertising business. However, her main role became serving as a clean-up crew for Elon Musk. The article also discusses a significant event involving venture capital, specifically a tirade from Sequoia Capital's Shaun Maguire against New York City mayoral hopeful Zohran Mamdani. This incident reflects a shift in the behavior of tech investors, who are increasingly vocal and leverage social media for their opinions.
Venture capital is largely 'a fame game,' says investment professionals, as the demand for capital often outweighs the supply, allowing investors to be more outspoken.
Sequoia Capital's Shaun Maguire's tirade against Zohran Mamdani not only gained over 5 million views but also sparked demands for an apology, showcasing the power of social media.
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