Tuesday, December 30, 2025

NEW INC. MAGAZINE COLUMN FROM HOWARD TULLMAN

 

I Hope Netflix Knows a Guy Who Knows a Guy

How do we get business leaders to act in their own best interests, even as their greed and indifference keeps them from doing anything?

EXPERT OPINION BY HOWARD TULLMAN, GENERAL MANAGING PARTNER, G2T3V AND CHICAGO HIGH TECH INVESTORS @HOWARDTULLMAN1

Dec 29, 2025

 

I’ve pretty much abandoned any hope that you can have an intelligent talk with any of your former business associates about the merits of any of the programs, policies or orders flying out of the Oval Office, or even be certain who is authoring and issuing these diktats in the name of a demonstrably illiterate emperor. The sad truth is that so many formerly rational and reasonable people are now MAGA folk who are still trying to defend the cruelty, wretched excesses, despicable slanders of the dead, flagrant thefts and grifting, narcissistic branding and destruction of historic buildings for its own sake that are the hallmarks of the second Trump regime.

I’m just praying that some day soon it’s going to dawn on a critical mass of them that it’s only a matter of time before it’s their own butts and businesses in the sling, because what comes around goes around, and everyone knows that no one is safe from the greed, jealousy and hate that thrives these days in our nation’s capital.

I hope that these entrepreneurs, owners and operators know a guy who knows a guy or that, like Netflix at the moment, they’re running around furiously looking for such a person who’s happily connected, corrupt and complicit. Because that’s what doing business in the U.S. for any large, regulated company has come down to–it’s a mob and gangster mentality. You need a fixer with a checkbook and access to Trump or you’re just as likely to be the next item on the menu. When you get in a cage with a tiger, you’re not a visitor, you’re eventually lunch. It’s media and entertainment right now, and paid-for pardons galore of course, but don’t think any industry is safe or isolated from these crooks and creeps. After all, they’ve watched Putin, Orban and their acolytes run this program over and over again. You can’t reason with a tiger when your head is in its mouth.

I’m not talking simply about the cultists who buy every sick word out of the mouths of these crooked cabinet members, vengeful regulatory heads, and other pathetic and punitive agency executives. Unfortunately, the venom and poison spewed daily by the Orange Monster and his band of enablers, sycophants and flunkies has spread so broadly across the entire political spectrum that there’s virtually no one left in the business world who still calls themselves Republicans and who are willing to have any honest discussion at all about what’s going on right before our eyes in Washington. But they all know in the back of their heads that Trump’s favorite fable has always been about the tender-hearted woman who invites the snake home and ends up being bitten. That’s why all the tech CEOs prancing around the White House with blank stares and fake smiles actually look like they’re walking on eggshells. They’re just waiting for the next shoe to drop and hoping that it’s not a boot on their respective throats.

Of course, this continued pattern of delusion, studied ignorance and abject avoidance is largely because these makers and mavens foolishly continue to believe that their own lives and businesses won’t be impacted or harmed by the demented craziness, the TACO tariffs, the wanton destruction and hollowing out of entire government agencies—not to mention the constant din of the drums of war. They must be able to see that no one has the slightest idea from day to day of what insanity to expect next from Trump.

They also know that stability and predictability have always been essential attributes of our economy, stock market, and trade policies. But as long as a dozen or so tech and AI-centric story stocks keep driving the stock indices to new heights, they’ll keep on ignoring the underlying fragility of our economy and think that everything will be business as usual—if they just keep their heads down and mouths shut. After all, it’s the nail that’s sticking up which always gets pounded into the floor.

But my real concern is two-fold. First, can we do anything to wake these folks up and explain to them that they don’t have to be patriots or liberals to understand that the continued damage and destruction of our laws, institutions, fundamental beliefs, and actual economy are no longer simply debatable “political” issues; they’re existential concerns for all of us, regardless of our political leanings. As my friend Bill McGowan said long ago, “These guys have great loyalty to their businesses, but their number one loyalty is to their own tush.” How do we get them to act in their own best interests even as their greed and indifference keeps them from doing anything?

And second, what do we say to teach the new business builders and the next generations of entrepreneurs about how the world works when honesty, effort, commitment, integrity, the laws and truth simply no longer matter, when winning by any means is all that counts, and when any issue or problem you may encounter along the way that can be solved with a check or a timely donation isn’t a problem at all? No longer do you work your butt off and build your business to success; you bribe and buy your way there through crooked politicians, rotten regulators, and agencies governing and ruling according to the latest threats, demands and flatulent formulations from D.C. A material part of every business calculation will now have to be the cost of paying fixers, agents and middlemen to keep the intrusive and venal government off your back or to sic these fake regulators on your competition.

Netflix’s owners and managers must be sweating bullets right now and looking desperately for help and leverage as they try to complete their acquisition of Warner Bros. Discovery in the face of looming and corrupt opposition and promised interference from the Trump administration and Trump himself, as well as competition from the Ellison family who have contributed millions of dollars to Trump over many years and who have already assured Trump that their successful acquisition of WBD and its “independent” subsidiary CNN will quickly and completely shut down one of the last viable media vehicles for criticizing him, just as they have already done with CBS.

It’s increasingly difficult as the new year looms to be hopeful and optimistic that things will improve any time soon but there is one thing we can rely upon in watching all of these greed heads circle around each other and constantly fight over the spoils: if you count on self-interest, not self-sacrifice, from these people, you will never be disappointed.

Feeding the insatiable monsters heading our country at the moment is an exponentially more difficult task. Hopefully, they will eventually turn on and consume each other as we’ve seen with the regularly disappearing Russian oligarchs who are apparently the world’s most accident-prone individuals. Those who foolishly seek power by riding the back of the tiger often end up inside.

 

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