News Summary

Ron Conway, a notable Silicon Valley venture capitalist and founder of the venture firm SV Angel, has resigned from the board of the Salesforce Foundation. His decision follows comments made by Salesforce CEO Marc Benioff, who expressed support for President Donald Trump and the deployment of National Guard troops in San Francisco. This ideological divide has ended a decades-long friendship between Conway and Benioff. Conway, known for early investments in tech giants like Google and Airbnb, cited a profound disagreement with Benioff’s current political stance as the reason for his resignation. The Salesforce Foundation, dedicated to supporting education and workforce development for disadvantaged youth, had $400 million in assets by the end of 2023.