David Sacks, a prominent tech investor and venture capitalist, is co-hosting a fundraiser for Donald Trump's 2024 presidential campaign in San Francisco on June 6th. The event costs $300,000 per person or $500,000 per couple to be on the host committee, with VIP tickets priced at $50,000.[2] Despite Trump's recent conviction for falsifying business records, Sacks remains a staunch supporter, describing the trial as a "sham" and asserting that Trump has numerous backers in the tech industry.[4] Sacks' unwavering support reflects the broader trend of Republican megadonors and Silicon Valley elites doubling down on Trump's campaign after the guilty verdict, driven by factors like discontent with President Biden and ideological alignment with Trump's policies.[4]

Sources [1] Sacks and the City https://puck.news/david-sacks-500k-a-seat-trump-dinner-all-in-taping/ [2] Two tech investors to host Trump at June San Francisco fundraiser https://www.reuters.com/world/us/two-tech-investors-host-trump-june-san-francisco-fundraiser-2024-05-22/ [3] David Sacks aims to help Ron DeSantis against Donald Trump https://www.cnbc.com/2023/06/01/david-sacks-network-desantis.html [4] Why Megadonors Are Unfazed by Donald Trump's Guilty Verdict https://www.nytimes.com/2024/05/31/business/dealbook/megadonors-donald-trump-guilty-verdict.html [5] Tell Me in 25 Words or Less Says David Sacks - WSJ https://www.wsj.com/video/tell-me-in-25-words-or-less-says-david-sacks/9C64AA7B-FC49-4F6D-AB28-DE44BF3FCD08

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