The tech world was rocked when news came out of a fundraiser for Donald Trump. A Silicon Valley investor, David Sacks, hosted a dinner for the Republican candidate. He welcomed major leaders in the tech world to attend the event and contribute to Trump’s presidential campaign.
This sent shockwaves through Silicon Valley. Most Americans know that the biggest tech companies are run by devout liberals.
Yet it seems Trump supporters in the tech industry came out in force to this event. Word is coming out on how the night worked out for the Republican candidate. And this appears to be a sign that Biden’s only advantage in this election is rapidly fading.
An unprecedented Silicon Valley fundraiser for presidential frontrunner Donald Trump raised $12 million on Thursday night. The fundraiser, co-hosted by tech entrepreneur David Sacks, with tickets per couple going for $500,000 a piece. Per person tickets were $300,000 a piece. The event was sold out…
The fundraiser was held in Sacks’ home Broadcliff in Pacific Heights, and was attended by the Winkelvoss twins, crypto leaders, and others in the entrepreneurial and venture capital space. It was hosted by Sacks, his wife, Jacqueline, and venture capitalist Chamath Palihapitiya. [Source: The Post Millennial]
Trump’s Silicon Valley fundraiser—the first of its kind—brought in $12 million in one night. Tickets to the event cost $300,000 for individuals and $500,000 for couples. This was no small deal. According to those who attended, there was no empty seat in the house.
Trump was reportedly “relaxed, happy, and cracking jokes about AI.” Tech leaders are starting to rally around the Republican due to his support for cryptocurrency. President Biden has discussed regulating and limiting the emerging Fintech. But he will likely be as successful at helping crypto as he’s been at “helping” anything else.
Tech leaders probably have more confidence in Trump to help restore the economy and ensure a thriving tech market. Biden’s socialist policies have hurt every industry. And it is possible tech companies are feeling the pinch, as Americans are pulling back on spending the high prices for new gadgets or services.
This news will surely terrify the Biden campaign. Ever since the Republican primaries were wrapped up, Trump has begun to catch up with Biden in one crucial area. And with the guilty verdict outraging Americans, Trump is gaining even more steam.
But over the last two months, the RNC and Trump campaign have started to make a dent in the cash advantage Biden once had. As Trump world continues to announce record-breaking fundraising statistics, one of Biden’s few apparent edges in a tight election could fall by the wayside, strategists told the Daily Caller. [Source: Daily Caller]
Trump might soon have more cash on hand than Biden. Without heavy deposits of cash from big donors, Biden won’t have a leg to stand on. He is unable to connect with voters the way Trump does. His record is a stain on his campaign. His only chance is to spend a lot of money on smear ads and “get-out-the-vote” efforts in urban areas.
But if he runs out of cash… he’s toast.
Author: Kit Fargo
