A now-former Democratic donor and current big tech executive explained during an interview late last week why he and dozens of others in the industry are now supporting former President Donald Trump.
Jacob Helberg, a senior policy advisor to Alex Karp, CEO of Palantir Technologies, and a member of the U.S.-China Economic and Security Review Commission explained why he and others had switched from supporting President Joe Biden and other Democrats to Trump during an interview with Fox Business host Maria Bartiromo.
Silicon Valley, located near San Francisco—Nancy Pelosi’s district—has been a stronghold of Democratic politics for decades. Just the News reported that the fundraising amount reportedly did not come from the city’s average citizens but rather from large-dollar donors with ties to Silicon Valley.
Located in the Bay Area, the Valley hosts numerous tech and venture capital firms. In recent weeks, many of its leading figures have, for various reasons, expressed their support for the former president.
Sacks has been a vocal critic of the Biden administration’s approach to foreign policy, particularly regarding the Ukraine War. His analysis and advocacy for negotiations with Moscow have generated significant online interest.
Sacks outlined his reasons for supporting Trump in a lengthy X post last week, citing the economy, foreign affairs, border security, and “lawfare” targeting the former president.