They came to Washington to dismantle government. Now, they’re profiting from it

They came to Washington to dismantle government. Now, they’re profiting from it

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 stints to fuel private-sector ambitions: building companies that tap government largesse or that deploy knowledge they garnered during their brief tenures in Washington.

A Washington Post analysis found that roughly two dozen former DOGE staffers have parlayed their government experience into relevant private-sector jobs or investments — becoming founders, securing CEO positions or senior executive roles, amassing large stakes in start-ups looking to win government contracts or approvals, or taking the skills developed at DOGE to the private sector. Though several of the businesses are only months old, with little public activity, at least six DOGE alumni have registered on Sam.gov, a government contracting portal examined by The Post.

The migration of former staffers from DOGE — short for the Department of Government Efficiency — into the private sector has prompted a burst of funding for their businesses. Start-ups founded by, or with key investment from, DOGE alumni have raised at least half a billion dollars in funding, according to an analysis of government data, investor research platforms and venture capital funding disclosures, paired with lists of confirmed DOGE members compiled by The Post, the New York Times and ProPublica. They have built a cottage industry of ambitious but largely untested businesses, often helmed by inexperienced founders, sometimes drawing initial valuations in the billions of dollars. [Continue reading…]

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