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Silicon Valley Vows to Coexist With Trump's Policy Initiatives
Venture Capital, Video
Although Wall Street is already bullish on the stocks that could benefit from President-Elect Donald Trump’s expected policy initiatives – such as increased spending on defense and U.S. infrastructure – and bearish on Silicon Valley’s biggest growth stocks – Amazon, Facebook and Google – Ajay Chopra, general partner at Trinity Ventures, is confident that the Valley will continue to prosper in Trump’s America.
In an interview with CNBC, Chopra calls Silicon Valley the “innovation engine” of America that will coexist and collaborate with the industries that are expected to prosper during the Trump Administration. Also, Chopra says that Trump’s approach to tax policies and regulation could help the Valley, but he remains concerned about the president-elect’s stance on immigration.
Watch the interview below.
Photo: Getty Images