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> "Tech's rich aunts and uncles beg the President to delay end of the Entrepreneur Rule"
Um, this rule does not yet exist and never has. How can it end? Seems a bit misleading.
I tried to research this issue, since it's unfamiliar to me, and got basically zilch. Lots of VC's want it to happen, and no one else (apparently) cares about it at all, one way or the other. If it's so obviously great, it would seem Trump is just being obstinate.
Maybe he is, but I have a sneaking suspicion that there's more to the story than this. Normally Trump lets his pro-business stance override most other considerations. It's one of the big criticisms against him, isn't it? Very odd.
I wonder if the rule would import competition against domestic startups, and that's what Trump is worried about? A future where what would have been many US-owned companies end up as foreign-owned?