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425 How the Tariffs Will Roil Venture Capital

The Information
Natasha Mascarenhas @ The Information 3 place · 04/03/2025 18:22 EDT

President Donald Trump’s decision to impose big tariffs on imported goods may feel like an issue for supply chain managers or chip developers. But the stock market’s decline today shows that all markets are interconnected. For venture capital, the impact may be more indirect. Asked if the tariffs would affect venture investors, Tomasz Tunguz, the founder of Theory Ventures, which invests in early-stage software companies, responded emphatically: “Absolutely.”

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