Entrepreneur Behind Anti-Woke Asset Management Fund Celebrates BlackRock Ending Support For Certain Climate Change Proposals That ‘Micromanage’ Its Portfolio Companies

Entrepreneur Behind Anti-Woke Asset Management Fund Celebrates BlackRock Ending Support For Certain Climate Change Proposals That ‘Micromanage’ Its Portfolio Companies


Strive founder Vivek Ramaswamy celebrated BlackRock backing down on Tuesday from supporting certain climate change proposals that “micromanage” companies, calling it an “early impact” of his new firm.

The new asset management company — which will prioritize “excellence capitalism” over the progressive “stakeholder capitalism” model favored by large competitors like BlackRock, Vanguard, and State Street — encourages portfolio companies to pursue maximizing profits for shareholders. 

“Last night: we launch Strive to compete with BlackRock by focusing companies on excellence over politics. Tonight: BlackRock announces it won’t support climate change shareholder proposals that ‘micromanage companies,’” Ramaswamy, a former pharmaceutical CEO, tweeted on Tuesday. “Glad to see the early impact.”

Last night: we launch Strive to compete with BlackRock by focusing companies on excellence over politics.

Trending: Dr. Zelenko Admitted To The Hospital: “No Matter What Happens, I Want You To Know…”

Tonight: BlackRock announces it won’t

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