The Blue Wave hits Sand Hill Road

Tesla, SpaceX and X CEO Elon Musk Finn Gomez/Getty Images Silicon Valley spent big on the midterms. Then the blue wave hit this week. "Voters rejected the status quo, and VCs should take that seriously," investor Reid Hoffman told BI. A version of this story originally appeared in Business Insider's weekly VC Insider newsletter. Sign up for the newsletter here. Ben here. VCs are paid to predict the future and bet on the right people, so the wager by some VCs to go all in on MAGA now looks like

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