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San Francisco Tech Mogul Goes All-In for Trump, Hosts Fundraiser for Republican at His Home

 By Randy DeSoto  June 8, 2024 at 4:21am
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Venture capitalist David Sacks and his fellow “All-In” podcast host Chamath Palihapitiya held a fundraiser for former President Donald Trump in San Francisco on Thursday night.

Sacks told Fox Business Network host Larry Kudlow on Friday that the evening brought in $12 million for Trump’s re-election efforts, far surpassing the original $5 million they were hoping to raise.

The event took place at Sacks’ home in the exclusive Pacific Heights neighborhood of San Francisco, with about 100 people in attendance.

“We couldn’t fit one more seat in the place,” he said. “We were completely sold out.”

Tickets sold for $50,000 per person, with a $300,000 tier that included others perks.

The New York Times reported it was Trump’s first visit to the city in at least a decade.

Sacks was an executive at PayPal during its early days along with Elon Musk.

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He went on to found Yammer, a communication tool that he sold to Microsoft for $1.2 billion in 2012.

Sacks also provided funding to Musk as the entrepreneur executed his $44 billion purchase of Twitter in 2022.

Sacks’ current firm, Craft Ventures, has invested in companies like Uber, Slack and Airbnb.

Palihapitiya was an early executive with AOL and Facebook. He previously donated $250,000 toward the Biden campaign in 2020, CNBC reported.

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Sacks was a backer of Florida Republican Gov. Ron DeSantis’ unsuccessful presidential primary bid this year.

Republican Sen. J.D. Vance of Ohio, who briefly lived in San Francisco while working as a venture capitalist, made the connection between Sacks and Trump, the Times said.

The news outlet noted that Sacks recognized Vance at Thursday’s fundraiser, saying the event would not have happened without the lawmaker’s help.

Near Sacks’ home, Trump supporters were present to welcome the presumptive Republican nominee.

“So all week San Francisco publications have been writing about how there are going to be big protests in San Francisco because Trump was coming to town,” Sacks recounted to Kudlow.

“As it turns out, hundreds of people turned out in the streets, but they were pro-Trump demonstrators and they were welcoming his motorcade,” he said.

There were meanwhile just an handful of anti-Trump protesters, according to Sacks.

“If that’s in liberal San Francisco, what does that tell you about the rest of the country?” he asked.

Tech entrepreneur Palmer Luckey, a former Facebook executive who later co-founded the defense tech company Anduril, is also slated to host a fundraiser for Trump over the weekend in Orange County, California, the Times said.

Eric Trump, son of the former president and husband to RNC Co-Chair Lara Trump, told Fox News host Maria Bartiromo on Sunday that his father’s campaign and a supporting super PAC had raised over $200 million in the days immediately following his father’s conviction in the New York business records case.

He said that the campaign had taken in over $70 million just in terms of small-dollar donations, adding that more than 30 percent of those who gave were first-time donors.

“I mean, these are Americans who are p***ed off,” he explained. “They’re coming out of the woodwork and they want to support a guy that they just believe is getting bamboozled by a system.”

Sacks listed four reasons on social media platform X ahead of his fundraiser for why he decided to back Donald Trump.

“The voters have experienced four years of President Trump and four years of President Biden. In tech, we call this an A/B test,” he explained.

“With respect to economic policy, foreign policy, border policy, and legal fairness, Trump performed better. He is the President who deserves a second term,” Sacks concluded.

Earlier on Thursday, Trump participated in a town hall event in Phoenix, Arizona, hosted by Turning Point Action.

There, he pledged to end Biden administration border policies.

“On day one of my administration, I will be rescinding crooked Joe’s outrageous executive order,” Trump said, adding that he “will terminate every single open borders policy of the Biden administration as soon as I take the oath of office.”

A Note from Our Deputy Managing Editor:

 

I heard a chilling comment the other day: “We don’t even know if an election will be held in 2024.” 

 

That wasn’t said by a conspiracy theorist or a doomsday prophet. No, former U.S. national security advisor Lt. Gen. Michael Flynn said that to the founder of The Western Journal, Floyd Brown.

 

Gen. Flynn’s warning means that the 2024 election is the most important election for every single living American. If we lose this one to the wealthy elites who hate us, hate God, and hate what America stands for, we can only assume that 248 years of American history and the values we hold dear to our hearts may soon vanish.

 

The end game is here, and as Benjamin Franklin said, “We must all hang together, or assuredly we shall all hang separately.”

 

All of this means that without you, it’s over. We have the platform, the journalists, and the experience to fight back hard, but Big Tech is strangling us through advertising blacklists, shadow bans, and algorithms. Did you know that we’ve been blacklisted by 90% of advertisers? Without direct support from you, our readers, we can’t continue the fight.

 

Can we count on your support? It may not seem like much, but a Western Journal Membership can make all the difference in the world because when you support us directly, you cut Big Tech out of the picture. They lose control. 

 

A monthly Western Journal Membership costs less than one coffee and breakfast sandwich each month, and it gets you access to ALL of our content — news, commentary, and premium articles. You’ll experience a radically reduced number of ads, and most importantly you will be vitally supporting the fight for America’s soul in 2024.

 

We are literally counting on you because without our members, The Western Journal would cease to exist. Will you join us in the fight? 

 

Sincerely,

Josh Manning

Deputy Managing Editor

The Western Journal

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Randy DeSoto
Contributing Journalist
Randy DeSoto has written more than 3,000 articles for The Western Journal since he began with the company in 2015. He is a graduate of West Point and Regent University School of Law. He is the author of the book "We Hold These Truths" and screenwriter of the political documentary "I Want Your Money."
Randy DeSoto wrote and was the assistant producer of the documentary film "I Want Your Money" about the perils of Big Government, comparing the presidencies of Ronald Reagan and Barack Obama. Randy is the author of the book "We Hold These Truths," which addresses how leaders have appealed to beliefs found in the Declaration of Independence at defining moments in our nation's history. He has been published in several political sites and newspapers.

Randy graduated from the United States Military Academy at West Point with a BS in political science and Regent University School of Law with a juris doctorate.
Birthplace
Harrisburg, Pennsylvania
Nationality
American
Honors/Awards
Graduated dean's list from West Point
Education
United States Military Academy at West Point, Regent University School of Law
Books Written
We Hold These Truths
Professional Memberships
Virginia and Pennsylvania state bars
Location
Phoenix, Arizona
Languages Spoken
English
Topics of Expertise
Politics, Entertainment, Faith




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