By Gil Duran : Newrepublic – excerpt
If Balaji Srinivasan is any guide, then the Silicon Valley plutocrats are definitely not OK.
To fully grasp the current situation in San Francisco, where venture capitalists are trying to take control of City Hall, you must listen to Balaji Srinivasan. Before you do, steel yourself for what’s to come: A normal person could easily mistake his rambling train wrecks of thought for a crackpot’s ravings, but influential Silicon Valley billionaires regard him as a genius.
“Balaji has the highest rate of output per minute of good new ideas of anybody I’ve ever met,” wrote Marc Andreessen, co-founder of the V.C. firm Andreessen-Horowitz, in a blurb for Balaji’s 2022 book, The Network State: How to Start a New Country. The book outlines a plan for tech plutocrats to exit democracy and establish new sovereign territories. I mentioned Balaji’s ideas in two previous stories about Network State–related efforts in California—a proposed tech colony called California Forever and the tech-funded campaign to capture San Francisco’s government.
Balaji, a 43-year-old Long Island native who goes by his first name, has a solid Valley pedigree: He earned multiple degrees from Stanford University, founded multiple startups, became a partner at Andreessen-Horowitz and then served as chief technology officer at Coinbase. He is also the leader of a cultish and increasingly strident neo-reactionary tech political movement that sees American democracy as an enemy. In 2013, a New York Times story headlined “Silicon Valley Roused by Secession Call” described a speech in which he “told a group of young entrepreneurs that the United States had become ‘the Microsoft of nations’: outdated and obsolescent.”
“The [speech below] won roars from the audience at Y Combinator, a leading start-up incubator,” reported the Times. Balaji paints a bleak picture of a dystopian future in a U.S. in chaos and decline, but his prophecies sometimes fall short. Last year, he lost $1 million in a public bet after wrongly predicting a massive surge in the price of Bitcoin.
Still, his appetite for autocracy is bottomless. Last October, Balaji hosted the first-ever Network State Conference. Garry Tan—the current Y Combinator CEO who’s attempting to spearhead a political takeover of San Francisco—participated in an interview with Balaji and cast the effort as part of the Network State movement. Tan, who made headlines in January after tweeting “die slow motherfuckers” at local progressive politicians, frames his campaign as an experiment in “moderate” politics. But in a podcast interview one month before the conference, Balaji laid out a more disturbing and extreme vision…
“Mission Local besmirches the city with unbalanced coverage that only emboldens Preston, Peskin, Chan,” he wrote in November, name-checking three of the elected officials upon whom he would later wish a “slow death.”…
Amid his drunken tweet scandal, Tan paused such attacks. He hired a public relations consultant, apologized, and ceased sending out caustic tweets—temporarily. Then, on March 29, the Times published a favorable profile of him. Written by former Chronicle columnist Heather Knight, it characterized him as a “middle-of-the-road” Democrat agitating for “common sense” ideas. Tan came across as contrite and humble, a civic-minded centimillionaire who let his passion for political change get the best of him. “Mr. Tan has tried to learn from his online mess—or says he has,” wrote Knight. “In person, he speaks kindly and calmly and smiles often, frequently bowing to people while making a prayer gesture with his hands.”
Progressives groaned at what they saw as a conspicuous whitewashing of Tan’s behavior. Tan proudly shared the piece on social media. He has nevertheless returned to his old antics. “SF legacy media is dishonest and lies to you,” he wrote to his 428,000 followers on April 1.…
In the aftermath of Tan’s death threat tweets, both the Chronicle and the Standard hesitated for at least a day before publishing full stories. For a moment, it seemed unclear whether they would cover it at all. Yet despite the local media’s generally fair approach and the puffy Times glow-up, Tan continues to rage against the press. Nothing less than absolute control and fealty seems acceptable to the Network State types.
“Do not hire PR,” tweeted Balaji on April 4, days after Tan’s P.R.-wrangled Times profile. “They want to ‘train’ you to talk to journos. But journos hate you! So this is an obsolete model. Instead, just hire influencers. Build your own channel. And go direct.”
Tan boosted the message to his feed…(more)
These guys are serving up a new brand of Kool-Aide to their followers. Just how far they will go remains to be seen. How far some of our less friendly politicians will bend. To their will is another big question. If they intend to dominate, they will have to curb their obvious appetite for power and revenge long enough to slip into the mire and mingle unseen among the political influencers. This is not very likely to happen soon in the Bay Area. They are too obvious to hide here. They may have better luck elsewhere.