Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
VC icon Ron Conway resigns from Salesforce Foundation following Benioff’s remarks about the National Guard

VC icon Ron Conway resigns from Salesforce Foundation following Benioff’s remarks about the National Guard

Bitget-RWA2025/10/16 23:21
By:Bitget-RWA

According to the New York Times, Ron Conway, founder of the venture capital firm SV Angel and an early backer of companies like Google, Airbnb, and Meta, has stepped down from the Salesforce Foundation. His departure comes after Salesforce CEO Marc Benioff recently expressed strong support for President Trump and suggested that National Guard forces should be deployed on San Francisco’s streets.

Conway had served on the board of the Salesforce Foundation—which focuses on advancing education and career opportunities for underprivileged youth—for ten years. Tax documents cited by the New York Times show the nonprofit contributed $36 million in 2023 and closed the year with assets totaling $400 million.

Benioff and Conway have maintained a friendship for 25 years, sharing progressive political beliefs for much of that time. However, Conway was disturbed by Benioff’s recent political stance.

“It pains me deeply to say that after your latest remarks, and your inability to see their consequences, I hardly recognize the individual I have respected for so long,” Conway wrote in an email to Benioff on Thursday, as reported by the New York Times.

A Salesforce representative confirmed Conway’s resignation to TechCrunch, stating, “We are extremely grateful to Ron Conway for his remarkable service and dedication to the Salesforce Foundation Board over the past ten years.”

In a recent interview with the New York Times, Benioff commended Elon Musk’s efforts to improve government efficiency and admitted he was not following news about immigration raids or Trump’s criticism of the media, despite owning Time magazine since 2018.

Benioff joins a growing list of prominent tech executives and investors who, after previously backing the Democratic Party, have now expressed support for Trump.

The disagreement between Benioff and Conway became public during Salesforce’s Dreamforce conference, one of San Francisco’s largest annual gatherings. Both Salesforce and Conway did not immediately reply to requests for comment.

Update: This article has been revised to include a statement from the Salesforce representative.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum ETF Outflows Hit $1.42B in November, Breaking Records

Quick Take Summary is AI generated, newsroom reviewed. November saw $1.42 billion in Ethereum ETF outflows, a new record. Daily withdrawals were steady rather than from single large redemptions. Market volatility and profit-taking drove investor caution. Outflows highlight short-term concern but Ethereum remains a long-term investment option.References ETHEREUM ETF OUTFLOWS IN NOVEMBER WERE 3X LARGER

coinfomania2025/11/29 21:54

Bitcoin OG Flips Bearish on Ethereum With $15M 5x Short Position

Quick Take Summary is AI generated, newsroom reviewed. A prominent "Bitcoin OG" trader closed a prior $44.15 million Ethereum long, locking in a $782,500 profit. The trader immediately flipped bearish, opening a 5x leveraged short position worth $15.04 million on $5,000 ETH. The short position, entered near $3,001, has a liquidation price of $sim$$5,056$, indicating extremely high risk. The quick, large, and leveraged flip suggests a tactical bearish shift in short-term sentiment toward the Ethereum market

coinfomania2025/11/29 21:54

PBOC Intensifies Crypto Restrictions to Safeguard the Yuan’s Dominance in Digital Currency

- China's central bank reaffirmed its strict crypto ban and stablecoin warnings, emphasizing financial stability over speculative growth. - Regulators blocked ByteDance from using Nvidia chips in data centers, accelerating domestic semiconductor adoption amid tech self-reliance efforts. - The crackdown raises concerns about stifled innovation, as global investors monitor China's balancing act between regulation and AI competitiveness. - PBOC's focus on digital finance control aligns with broader goals to s

Bitget-RWA2025/11/29 21:44
PBOC Intensifies Crypto Restrictions to Safeguard the Yuan’s Dominance in Digital Currency