Trump In The Oval Office

Two weeks ago Donald Trump was elected to be the next president of the United States. But venture capitalists and academics think the Trump presidency would screw the tech industry.

Trump wants to end the H1B visa program. The reason that this would affect the tech industry is that lots of tech companies hire foreign workers who are moving to the US because they are cheaper and sometimes more qualified.

He also wants to end renewable-energy incentives. This is bad because he is opening fossil fuel plants and is going to end the climate change deal made earlier this year.