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JD Vance has a message for Silicon Valley: The Trump administration is ‘working with you’

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Vice President JD Vance was the opening speaker at Andreessen Horowitz’s American Dynamism Summit on Tuesday in Washington, D.C. You can watch it for yourself: Vance walking across the stage in a suit and red tie as a16z founders and attendees stood up and cheered. He smiled, waved, and referred to investors Marc Andreessen, Ben Horowitz, and Katherine Boyle by their first names, before pledging to support the entrepreneurs in the room.

“As of a couple of months ago, you have an administration that’s working with you and facilitating your hard work instead of making it harder to innovate, which is, I think, what the last Administration did,” Vance said to the room of a16z-backed companies building companies in aerospace, defense, public safety, supply chain, and manufacturing. He later added: “We recognize now in our administration is the time to align our work interests with those of all of you. It’s time to align the interests of our technology firms with the interests of the United States of America writ large.”

You’d be hard-pressed to miss the significance of this moment. Last summer, Andreessen and Horowitz made waves on their popular podcast by revealing they would vote for Donald Trump in the 2024 election—a pretty divisive move that took much of blue-leaning Silicon Valley by surprise. They followed up by donating $2.5 million each to a pro-Trump PAC. Less than a year later, several partners at the firm have taken official or advisory positions in the White House, the firm has recruited a series of Republican officials (or icons) into the fold, and the sitting vice president is headlining their conference, pledging support to a room of entrepreneurs a16z has backed.

Vance’s presence as the keynote speaker is a statement in and of itself. But so is what he had to say. Vance used strong language to proclaim that the Trump administration wants America to “dominate” artificial intelligence—not be afraid of it. He tried to address some of the rising tensions that exist between two groups of people—the populists, or “laborers” that make up Trump’s long standing supporter base, and the newer Trump-supporting “techno-optimists” (in a nod to Andreessen’s 5,200-word essay published two years ago about how technology is the only perpetual form of growth). 

Vance, who, you’ll recall, had a short stint as a venture capitalist, is positioning himself as someone who sits in both worlds and can bridge the gap. In other words, as the person who can unite the people building AI and the people who are deeply afraid of being replaced by it.

“I think the populists, when they look at the future, and when they compare it to what’s happened in the past—I think a lot of them see alienation of workers from their jobs, from their communities, from their sense of solidarity. You see the alienation of people from their sense of purpose,” he said. “And importantly, they see a leadership class that believes welfare can replace a job and an application on a phone can replace a sense of purpose.” 

Importantly, Vance highlighted some of the more bipartisan talking points in the startup world, too—emphasizing that the administration wants to “slash regulations” and “reduce the cost of energy so that you can build, build, build.” He spent a lot of time discussing the importance of bringing labor back to America—rather than relying on “cheap labor” abroad. Those comments echoed the speech he gave just last Friday in Bay City, Mich., where he discussed America’s “industrial resurgence.”

Vance didn’t mention the administration’s crypto-friendly approach, which has been a huge win for a16z and its expansive portfolio of crypto startups. Technically, the conference was for its American Dynamism portfolio—which is squarely focused on companies that either work with the government or are working on solving national problems—not the firm’s crypto arm a16z crypto.

Still, Vance’s speech clearly resonated and excited many of the people present, according to Joe Cohen, an a16z-backed founder who attended the summit and runs the electric vehicle company Infinite Machine from New York. In a phone call with me after the event, he said it was “inspiring to hear from the VP who is a technologist and is able to talk intelligently to technologists and entrepreneurs.” 

Two months in, Silicon Valley is hardly pledging its allegiance to Trump, even though the president has already made many tech allies and has several outspoken fans among them. In the Valley, there are plenty of people who are upset by Trump attacking DEI policies, his aggressive tactics against illegal immigration, and dislike of climate tech. Some tech-focused policy people in D.C. have told me they are confused about how to engage with the new administration. 

Policywise, it’s still early and unclear exactly how the administration will approach its stated priorities. Cohen said that, while it was helpful to hear Vance lay out the administration’s intentions, he would like to see incentives, rather than just tariffs, to encourage startups to manufacture in America—things like tax credits, low-interest financing, or domestic product subsidies. “There needs to be not just a stick, but also a carrot,” he said.

Vance was talking about the next four years in the room on Tuesday, but he may be trying to get the tech community on board with something more long-term, too. Not long after the summit, Vance was selected by the Republican National Committee to oversee its fundraising effort for next year’s midterm elections—the first time this position has been given to a sitting U.S. vice president. This move has furthered speculation that he may decide to run for president himself a few years from now.

Worth pointing out…Yesterday afternoon, SoftBank Group said it would spend $6.5 billion to acquire the chip startup Ampere Computing from Carlyle and Oracle. As part of the deal, Ampere—which makes chips based on Arm technology (the semiconductor and software company SoftBank bought a decade ago)—will become a subsidiary of SoftBank and drop its name. The deal is expected to close in the second half of this year.

A note from D.C.…It’s me, Jessica Mathews, who used to write this newsletter every day, filing today’s newsletter from the U.S. capital. I have been spending a lot more time writing about the intersection of tech and policy—about the cultural shift in Silicon Valley, emerging flavors of lobbying tactics for startups under the Trump administration, efforts to dismantle the CFPB, and Sequoia cutting its policy team. I’m monitoring things like the AI Action Plan and how defense spending cuts could influence the venture-backed shops. If you work in this space, or simply have a lot to say about it, feel free to reach out below! I’d love to chat.

See you tomorrow,

Jessica Mathews
X: @jessicakmathews
Email: jessica.mathews@fortune.com
Submit a deal for the Term Sheet newsletter here.

Nina Ajemian curated the deals section of today’s newsletter. Subscribe here.

This story was originally featured on Fortune.com

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Meet LaFawn Davis: A C-suite executive at Indeed who dropped out of college and proved you don’t need a degree to land a top job

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When LaFawn Davis was growing up, she didn’t dream of becoming an astronaut, a doctor, or a teacher…she dreamed of becoming the CEO of seven companies, at once.

This ambition inspired a strong work ethic, one that propelled Davis into the workforce at 14, when she took her first job at a Black-owned flower shop in her hometown of San Jose, California. And once she started working, she never stopped.

Despite her strong work ethic, Davis—who landed her current job as Indeed’s chief people and sustainability officer in May 2024—told HR Brew that her career hasn’t always been smooth, in part because she didn’t have a bachelor’s degree.

“I was told that because I didn’t have a college degree, there were certain roles I couldn’t go for. I was a believer that, regardless of what the job description says, if I felt like I could do it, I would go for it anyway,” Davis told HR Brew.

But she isn’t the only HR pro without a bachelor’s degree. Just 31% of people pros in the US have achieved that level of education, according to an HR Brew/Harris Poll survey conducted in September. Some 12% have an associate’s degree, while 30% have a high school diploma and 8% have less. Meanwhile, 18% have a graduate degree.

Davis shared with HR Brew how she climbed the corporate ladder without a four-year college degree.

Career journey. After graduating high school, Davis enrolled at San José State University. But she said she found herself skipping classes to go to work and decided to drop out and join corporate America. She worked in operational roles at startups during the dotcom era, but when that bubble burst in 2000, she lost her job. And without a bachelor’s degree, Davis said she was turned away from new opportunities.

So at 22, with a newborn to care for, she made the difficult decision to move home with her parents. But she was still determined to rejoin the corporate workforce and fulfill her childhood dream of becoming an executive.

During those post-dotcom years, Davis said she leaned heavily on her network of corporate contacts, who helped her find work as a claims adjustor, executive assistant, and chief of staff. Each role taught her a new admin or people skill. Then, in 2005, she got her big break—she was hired as a program specialist at Google, where she would work for eight years, ending her tenure as its HR business partner for diversity and inclusion.

“I really focus[ed] on a lot of HR programs and initiatives and how diversity, equity, inclusion can be woven throughout the whole process of the employee life cycle,” she said. “I really loved it, and I thought I found what my career path was going to be, as opposed to a job. I felt like I was actually embarking upon a career.”

After Google, Davis said she played a game of “tech company roulette,” moving between employee experience and DEI roles at firms including Yahoo!, eBay, and Paypal. In 2019, nearly 15 years into her HR career, she landed at Indeed as a VP of diversity, inclusion, and belonging.

Skills-first is the future. Davis said she was lucky to have had so many opportunities to break into corporate America without a bachelor’s degree, and wishes the skills-based hiring her employers practiced were more common.

“The skills-first movement is not anti-college degree at all…It is more that a college degree is just not the only route to gaining skills, and helping both people and companies understand what it means to hire for skills,” she said.

Davis said she used to be “ashamed” that she didn’t have a four-year college degree. Nowadays, she enjoys sharing her story, and uses it to inform her work at Indeed, where she strives to make the application process easier for candidates by encouraging companies to adopt a skills-first approach.

“One of the things that I said when I came into Indeed was, ‘We need to drink our own champagne…Whatever we’re going to ask other companies to do, we need to do it ourselves,” she said, adding that Indeed dropped college-degree requirements from its corporate job postings in 2022, and calls itself a fair chance employer.

“I won’t be the CEO of seven consecutive companies at the same time,” she said, but “becoming part of the C-suite, knowing along the journey that I don’t have a college degree, has been a great space of inspiration for others to know they could do the same.”

This report was written by Mikaela Cohen and was originally published by HR Brew.

This story was originally featured on Fortune.com

Continue Reading

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Meet LaFawn Davis: A C-suite executive at Indeed who dropped out of college and proved you don’t need a degree to land a top job

Published

on

By

When LaFawn Davis was growing up, she didn’t dream of becoming an astronaut, a doctor, or a teacher…she dreamed of becoming the CEO of seven companies, at once.

This ambition inspired a strong work ethic, one that propelled Davis into the workforce at 14, when she took her first job at a Black-owned flower shop in her hometown of San Jose, California. And once she started working, she never stopped.

Despite her strong work ethic, Davis—who landed her current job as Indeed’s chief people and sustainability officer in May 2024—told HR Brew that her career hasn’t always been smooth, in part because she didn’t have a bachelor’s degree.

“I was told that because I didn’t have a college degree, there were certain roles I couldn’t go for. I was a believer that, regardless of what the job description says, if I felt like I could do it, I would go for it anyway,” Davis told HR Brew.

But she isn’t the only HR pro without a bachelor’s degree. Just 31% of people pros in the US have achieved that level of education, according to an HR Brew/Harris Poll survey conducted in September. Some 12% have an associate’s degree, while 30% have a high school diploma and 8% have less. Meanwhile, 18% have a graduate degree.

Davis shared with HR Brew how she climbed the corporate ladder without a four-year college degree.

Career journey. After graduating high school, Davis enrolled at San José State University. But she said she found herself skipping classes to go to work and decided to drop out and join corporate America. She worked in operational roles at startups during the dotcom era, but when that bubble burst in 2000, she lost her job. And without a bachelor’s degree, Davis said she was turned away from new opportunities.

So at 22, with a newborn to care for, she made the difficult decision to move home with her parents. But she was still determined to rejoin the corporate workforce and fulfill her childhood dream of becoming an executive.

During those post-dotcom years, Davis said she leaned heavily on her network of corporate contacts, who helped her find work as a claims adjustor, executive assistant, and chief of staff. Each role taught her a new admin or people skill. Then, in 2005, she got her big break—she was hired as a program specialist at Google, where she would work for eight years, ending her tenure as its HR business partner for diversity and inclusion.

“I really focus[ed] on a lot of HR programs and initiatives and how diversity, equity, inclusion can be woven throughout the whole process of the employee life cycle,” she said. “I really loved it, and I thought I found what my career path was going to be, as opposed to a job. I felt like I was actually embarking upon a career.”

After Google, Davis said she played a game of “tech company roulette,” moving between employee experience and DEI roles at firms including Yahoo!, eBay, and Paypal. In 2019, nearly 15 years into her HR career, she landed at Indeed as a VP of diversity, inclusion, and belonging.

Skills-first is the future. Davis said she was lucky to have had so many opportunities to break into corporate America without a bachelor’s degree, and wishes the skills-based hiring her employers practiced were more common.

“The skills-first movement is not anti-college degree at all…It is more that a college degree is just not the only route to gaining skills, and helping both people and companies understand what it means to hire for skills,” she said.

Davis said she used to be “ashamed” that she didn’t have a four-year college degree. Nowadays, she enjoys sharing her story, and uses it to inform her work at Indeed, where she strives to make the application process easier for candidates by encouraging companies to adopt a skills-first approach.

“One of the things that I said when I came into Indeed was, ‘We need to drink our own champagne…Whatever we’re going to ask other companies to do, we need to do it ourselves,” she said, adding that Indeed dropped college-degree requirements from its corporate job postings in 2022, and calls itself a fair chance employer.

“I won’t be the CEO of seven consecutive companies at the same time,” she said, but “becoming part of the C-suite, knowing along the journey that I don’t have a college degree, has been a great space of inspiration for others to know they could do the same.”

This report was written by Mikaela Cohen and was originally published by HR Brew.

This story was originally featured on Fortune.com

Continue Reading

Tech News

Meet LaFawn Davis: A C-suite executive at Indeed who dropped out of college and proved you don’t need a degree to land a top job

Published

on

By

When LaFawn Davis was growing up, she didn’t dream of becoming an astronaut, a doctor, or a teacher…she dreamed of becoming the CEO of seven companies, at once.

This ambition inspired a strong work ethic, one that propelled Davis into the workforce at 14, when she took her first job at a Black-owned flower shop in her hometown of San Jose, California. And once she started working, she never stopped.

Despite her strong work ethic, Davis—who landed her current job as Indeed’s chief people and sustainability officer in May 2024—told HR Brew that her career hasn’t always been smooth, in part because she didn’t have a bachelor’s degree.

“I was told that because I didn’t have a college degree, there were certain roles I couldn’t go for. I was a believer that, regardless of what the job description says, if I felt like I could do it, I would go for it anyway,” Davis told HR Brew.

But she isn’t the only HR pro without a bachelor’s degree. Just 31% of people pros in the US have achieved that level of education, according to an HR Brew/Harris Poll survey conducted in September. Some 12% have an associate’s degree, while 30% have a high school diploma and 8% have less. Meanwhile, 18% have a graduate degree.

Davis shared with HR Brew how she climbed the corporate ladder without a four-year college degree.

Career journey. After graduating high school, Davis enrolled at San José State University. But she said she found herself skipping classes to go to work and decided to drop out and join corporate America. She worked in operational roles at startups during the dotcom era, but when that bubble burst in 2000, she lost her job. And without a bachelor’s degree, Davis said she was turned away from new opportunities.

So at 22, with a newborn to care for, she made the difficult decision to move home with her parents. But she was still determined to rejoin the corporate workforce and fulfill her childhood dream of becoming an executive.

During those post-dotcom years, Davis said she leaned heavily on her network of corporate contacts, who helped her find work as a claims adjustor, executive assistant, and chief of staff. Each role taught her a new admin or people skill. Then, in 2005, she got her big break—she was hired as a program specialist at Google, where she would work for eight years, ending her tenure as its HR business partner for diversity and inclusion.

“I really focus[ed] on a lot of HR programs and initiatives and how diversity, equity, inclusion can be woven throughout the whole process of the employee life cycle,” she said. “I really loved it, and I thought I found what my career path was going to be, as opposed to a job. I felt like I was actually embarking upon a career.”

After Google, Davis said she played a game of “tech company roulette,” moving between employee experience and DEI roles at firms including Yahoo!, eBay, and Paypal. In 2019, nearly 15 years into her HR career, she landed at Indeed as a VP of diversity, inclusion, and belonging.

Skills-first is the future. Davis said she was lucky to have had so many opportunities to break into corporate America without a bachelor’s degree, and wishes the skills-based hiring her employers practiced were more common.

“The skills-first movement is not anti-college degree at all…It is more that a college degree is just not the only route to gaining skills, and helping both people and companies understand what it means to hire for skills,” she said.

Davis said she used to be “ashamed” that she didn’t have a four-year college degree. Nowadays, she enjoys sharing her story, and uses it to inform her work at Indeed, where she strives to make the application process easier for candidates by encouraging companies to adopt a skills-first approach.

“One of the things that I said when I came into Indeed was, ‘We need to drink our own champagne…Whatever we’re going to ask other companies to do, we need to do it ourselves,” she said, adding that Indeed dropped college-degree requirements from its corporate job postings in 2022, and calls itself a fair chance employer.

“I won’t be the CEO of seven consecutive companies at the same time,” she said, but “becoming part of the C-suite, knowing along the journey that I don’t have a college degree, has been a great space of inspiration for others to know they could do the same.”

This report was written by Mikaela Cohen and was originally published by HR Brew.

This story was originally featured on Fortune.com

Continue Reading

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