Silicon Valley Hasn’t Embraced Trump. But It’s Wavering on Biden

The June fundraiser set off alarm bells suggesting that a new political movement needed to be accounted for, but little in the records of its organizers suggests deep fealty to MAGA doctrine. Palihapitiya has supported Democrats in the past and is currently CEO of Hustle, a peer-to-peer texting platform for progressives. Sacks has spent most of the 2024 election raising money for nearly every candidate running besides Biden or Trump. The Purple Good Government PAC, which is predominantly funded by Sacks, has donated money to congressional candidates across the political spectrum, and last year Sacks made donations in support of Ron DeSantis, Robert F. Kennedy Jr., and Dean Phillips, among other candidates. Sacks has also previously said that Trump should be disqualified from holding office as a result of his behavior on January 6, years before his recent endorsement.

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