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White House-Linked Venture Capital Fund Boasts China War Would Be Great For Business
Key Excerpts from Article on Website of The Intercept
Posted: February 13th, 2023
https://theintercept.com/2023/02/03/china-americas-frontier-...
A war between China and Taiwan will be extremely good for business at America’s Frontier Fund ... according to audio from a February 1 event. The remarks occurred at a tech finance symposium hosted at the Manhattan offices of Silicon Valley Bank. “If the China-Taiwan situation happens, some of our investments will 10x, like overnight,” [a] person who identified as “Tom” said. “So I don’t want to share the name, but the one example I gave was a critical component that ... the total market value is $200 million, but it is a critical component to a $50 billion market cap. That’s like a choke point, right. And so if it’s only produced in China, for example, and there’s a kinetic event in the Pacific, that would 10x overnight, like no question about it. There’s a couple of different things like that.” AFF is surely not the only venture fund that would see stratospheric returns throughout their portfolio in the case of a destabilizing global crisis, like a “kinetic event in the Pacific” — that is to say, war. Gilman Louie, AFF’s co-founder and current CEO, serves as chair of the National Intelligence University, advises Biden through his Intelligence Advisory Board, and was tapped for the State Department’s Foreign Affairs Policy Board. Louie previously ran In-Q-Tel, the CIA’s venture capital arm. In other words, AFF stands to massively profit from a geopolitical crisis while its CEO advises the Biden administration on geopolitical crises. AFF was founded last year with support from former Google CEO Eric Schmidt.
Note: While the detection of a Chinese spy balloon drums up significant fear and outrage over hostile foreign “threats,” an incisive article reveals how US surveillance of foreign countries is quite common, including their recent expansion of military bases in Southeast Asia to monitor and surveil China. Furthermore, many independent journalists are questioning the war-fueling narrative that China is a threat to national security. Watch an insightful analysis uncovering the deeper story of what’s behind the growing tensions between the US and China.
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