It's all about proletarianization. The cabal of self-described capitalists who own nearly all the Silicon Valley "startup" companies overwhelmingly come from backgrounds of social privilege and inherited wealth. This cabal is waging low intensity class war against tech workers, most of whom come from middle and lower-middle class families.
The VC class vehemently hates the idea of tech workers having any significant degree of autonomy and human dignity. They demand that all tech workers be chained to desks in San Francisco / Silicon Valley for 60+ hours a week, and be subject to the full range of totalitarian progressive speech and thought restrictions. They seek to force out of the industry those workers who refuse enserfment.
Tech workers of the world, remember: venture capitalists exploit nerds