Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
11,937.5016.0
Stock Analysis, IPO, Mutual Funds, Bonds & More

Indians in Silicon Valley back entrepreneur-turned-politician Donald Trump

For Indians in the Valley who lead businesses and startups, the Trump campaign also appealed because he was seen as being better for business.

, ET Bureau|
Updated: Nov 10, 2016, 01.22 AM IST
0Comments
NEW DELHI: The weather in Silicon Valley is moderate as usual — partly sunny and partly cloudy. And the mood among the Indian American community of techies, entrepreneurs and venture capitalists too swings between sombre, introspective and optimistic. Traditionally, Indian Americans have aligned with the Democrats and so has the state of California. So what made this election different?

“Trump spoke with total abandon at the campaign trail, seemingly from the heart and the message resonated. This is what made the election different, he was unlike any politician that had hit the campaign trail and to an extent it was found refreshing for the voters frustrated with establishment politics,” says Rishi Kumar, council member of Saratoga (a city in Silicon Valley).

And even though the 3.2 million strong Indian American community may not really have had a very significant impact on the way the result went, the one aspect of President-Elect Trump’s message that resonated with many Indian Americans was that of the tax break which has been part of his campaign talk throughout, according to Kumar.

But for Indians in the Valley who lead businesses and startups, the Trump campaign also appealed because he was seen as being better for business. “He is a political outsider, but a very successful businessman.

Like the rest of America, the mood among Indian Americans in Silicon Valley too is one for change,” says Mukesh J Mowji, investor and CEO of Valley-based tech & hospitality startup Pracrea Inc. And many Indians, even in Silicon Valley, were very positive about Trump’s strong stand against global terrorism.

“He was more transparent than his rival Hillary Clinton on terrorism of which Indians too have long been a victim of. They want someone in power who will effectively combat the issue,” says Vishal Verma, investor and general partner of Edgewood Ventures.

Also Read

The cult of the silicon valley founder is fading

Silicon Valley is a born-again believer in profits

At private Silicon Valley summit, no love for IPOs or banks

Silicon Valley startup Vested gets funded by IP Ventures

Hard times in Silicon Valley? Not for the payments startup Stripe

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service