The Venture-Capital Populist
Briefly

The Venture-Capital Populist
"David Sacks hosted a fundraiser for Donald Trump, believing it would break the ice for other tech leaders to acknowledge their support for the former president. He stated, 'And I think that this event is going to break the ice on that, and maybe it'll create a preference cascade, where all of a sudden it becomes acceptable to acknowledge the truth.'"
"Sacks had previously described the January 6 riot as an 'insurrection' and deemed Trump 'disqualified' from holding office again, stating, 'What Trump did was absolutely outrageous, and I think it brought him to an ignominious end in American politics.'"
"Chamath Palihapitiya referred to Trump in derogatory terms, calling him 'a complete piece-of-shit fucking scumbag,' illustrating the drastic change in sentiment among some Silicon Valley figures."
"Senator J. D. Vance's attendance at the fundraiser helped solidify his position as Trump's running mate, indicating a growing acceptance of Trump within the tech elite."
On June 6, 2024, a fundraiser for Donald Trump was held in San Francisco, hosted by venture capitalists David Sacks and Chamath Palihapitiya. Sacks believed the event would encourage other tech leaders to openly support Trump. Previously, Sacks had condemned Trump for the January 6 Capitol riot, while Palihapitiya used harsh language to describe him. The shift from criticism to support reflects a broader trend among some in Silicon Valley, with Senator J. D. Vance's attendance further solidifying this new alliance.
Read at The Atlantic
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