Washington Post: Former DOGE Staffers Launch Companies in Industries Tied to Federal Spending
Roughly two dozen former DOGE staffers have raised at least $500 million for startups seeking government contracts or approvals, the Washington Post found.
- Former members of Elon Musk's Department of Government Efficiency have turned brief government stints into lucrative private-sector ventures, according to a Washington Post analysis finding roughly two dozen former DOGE staffers in founder roles.
- Last year, billionaire Elon Musk unleashed Silicon Valley techies to drain what he called the "swamp" of Washington. The DOGE Service fell far short of Musk's promised $2 trillion in cuts, though investors remain unbothered.
- Startups backed by DOGE alumni have raised at least half a billion dollars. Cathedral, an AI-enabled cybersecurity firm valued at $1.4 billion, hopes to sell to the Pentagon and other government agencies.
- Norm Eisen, a former White House ethics lawyer for Barack Obama, said the investment scale is "unlike anything he has seen." Jeff Hauser of the Revolving Door Project argued current ethics rules were never designed for such short-term arrangements.
- Two people familiar with the investment pitches said investors advised founders to prepare for a potential midterm sweep by avoiding the appearance of impropriety. Founders are urged to avoid hyper-partisanship as they navigate potential congressional ethics targets.
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WaPo: DOGE Staffers Cashed In With Govt Contracts
The Washington Post reports: Last year, billionaire Elon Musk unleashed a small army of Silicon Valley techies to drain what he called the “swamp” of Washington — wielding the U.S. DOGE Service to slash at a bureaucracy they argued was bloated and corrupt. But today, many of his former DOGE foot soldiers have leveraged their government … The post WaPo: DOGE Staffers Cashed In With Govt Contracts appeared first on Joe.My.God..
Musk’s swamp-drainers told to brace for reckoning after cashing in on government gigs
Former members of Elon Musk’s Department of Government Efficiency who set out to drain the Washington “swamp” have since turned their brief government stints into lucrative private-sector ventures – and some are now being warned to prepare for scrutiny if Democrats take control of Congress.A Washing...
Musk’s DOGE Army Now Profits From Government
“Last year, billionaire Elon Musk unleashed a small army of Silicon Valley techies to drain what he called the ‘swamp’ of Washington — wielding the U.S. DOGE Service to slash at a bureaucracy they argued was bloated and corrupt,” the Washington Post reports. “But today, many of his former DOGE foot soldiers have leveraged their […]
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