At the beginning of the year, Tom Drummond—managing partner at San Francisco venture capital firm Heavybit—was only mildly uneasy about the political shakeups rippling through the U.S.
Fast-forward a few months, and that unease has turned into full-blown confusion. “No one knows what the hell is going on,” Drummond told WIRED, capturing the mood across much of the startup and investment world. The chaos was triggered on April 2, when President Donald Trump unveiled a set of so-called “reciprocal tariffs” that sent […]