Big Tech faces 'danger scenario' with a Democratic sweep in November, warns prominent venture capitalist Bradley Tusk

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. Spencer Platt/Getty ImagesBig Tech faces a "danger scenario" with a Joe Biden win and a "blue sweep" in the upcoming elections, prominent venture capitalist Bradley Tusk warned on CNBC. "People assume Congress is so incompetent and so inept and Big Tech companies are so smart they'll figure out how to stop them," Tusk, who is also a political strategist, said. "I don't know if that's the correct assumption. You could certainly see left-leaning, anti-tech proposals have much more of an impact in Washington starting next year," he said. But things look different for smaller companies and start-ups, he said, as new legislation would allow them to build products that won't immediately be quashed by a larger rival. Visit Business Insider's homepage for more stories. Investors may be missing the point that a Democratic sweep in November could mean increased regulation for the technology sector, political strategist and venture capitalist Bradley Tusk said on CNBC. Big Tech faces real risks if Joe Biden wins the presidential election, and particularly so if Democrats take back control of the Senate, Tusk said in an interview on Monday.  Biden is leading President Donald Trump in polls by an average of 9.1 percentage points, according To keep reading about Big Tech faces 'danger scenario' with a Democratic sweep in November, warns prominent venture capitalist Bradley Tusk, Click on the link. Seoul, Korea
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