On the sprawling campuses of Silicon Valley, where innovation is currency and disruption is king, a surprising political shift is underway. While big tech has been historically liberal, there are a growing number of high-profile venture capital investors, serial entrepreneurs and analysts who feel increasingly comfortable publicly embracing Donald Trump. And though the replacement of Joe Biden with Kamala Harris at the top of the Democratic ticket has attracted more support from tech leaders, the fight is on for support in Silicon Valley.
The list of Trump supporters now includes activist hedge fund manager and investor Bill Ackman, cryptocurrency entrepreneurs and investors Tyler and Cameron Winklevoss, co-founder of PayPal and Palantir Technologies Peter Thiel as well as the co-founders of the influential venture capital firm Andreessen Horowitz, Marc Andreessen and Ben Horowitz. Venture capitalist Chamath Palihapitiya has shifted his allegiance from Democrats to Trump, while investor David Sacks, who previously said that Trump’s behavior around the Jan. 6, 2021, Capitol riots had disqualified him from holding future office, has now endorsed the former president.
