Big Time Democrat Donor Jumps On Trump Train: ‘Time For A Change’

During an interview last week, Jacob Helberg, a former Democratic donor and current big tech executive, along with several others in the industry, discussed their shift in support from President Joe Biden and other Democrats to former President Donald Trump.

Helberg, who serves as a senior policy advisor to Alex Karp, CEO of Palantir Technologies, and is a member of the U.S.-China Economic and Security Review Commission, shared the rationale behind this change with Fox Business host Maria Bartiromo.

“Deep blue turning red as the tide turns. Trump in Silicon Valley, members of California’s starkly liberal technology community turning out to support the from the prison the massive fundraiser last week in the Trump campaign, raking in $12 million at the event,” Bartiromo said to begin the segment before nothing that Helberg was present.

“You were once a prominent Democrat donor and gave to Biden in his last presidential campaign, but you were there this week supporting President Trump. What happened?” she asked.

“Part of what we have seen over the last four years I came from a one-party state and like a lot of people in California and in Silicon Valley, I saw the Democratic Party get hijacked by the Squad and woke theology,” Helberg said. “President Biden campaigned as a moderate and ultimately has governed as a radical progressive. He has spent all of his time catering to his base, and ultimately, he is now completely out of step with where the rest of the country is.”

The historically liberal city has been a bastion of Democratic politics for many years.

According to Just the News, the fundraising amount did not come from the city’s regular citizens but rather from wealthy donors with connections to Silicon Valley. Situated in the Bay Area, Silicon Valley is home to numerous tech and venture capital companies.

Recently, several prominent figures from the area have voiced their support for the former president for various reasons.

“In 2016, the number of people from Silicon Valley I knew who supported Trump was a sample of one, which was Peter [Thiel],” Helburg told Reuters following the event. “Today, I count them in the dozens, if not more than that. Over the course of the past six months, we’ve started to see the dam break.”

A Trump campaign official told Just the News that “[t]he event hosted by David Sacks and Chamath Paliphapitiya had over 100 attendees.

Some of the most important investors and innovators from the tech industry sector were in attendance and they raised $12 million dollars.”

Sacks has been an outspoken opponent of the Biden administration’s foreign policy, especially its handling of the Ukraine War.

His assessment and promotion of diplomatic talks with Moscow have garnered considerable attention online.

In a recent extensive post, Sacks detailed his rationale for backing Trump, citing reasons such as the economy, international relations, border security, and legal challenges aimed at the former president.

“With Biden, our choices are limited to fighting the proxy war to the last Ukrainian, or fighting Russia ourselves,” Sacks wrote. “President Trump has said he wants the dying in Ukraine to stop, and that he will seek to end the war through a negotiated settlement. Ukraine will no longer be able to get the deal we talked them out of in April 2022, but we can still save Ukraine as an independent nation and avert world war.”

Sacks also pointed to a number of economic metrics and insisted “[w]e can’t afford another four years of Bidenomics.” He also accused Biden of enabling a “de facto open border policy” and insisted that the administration had pursued “elective prosecutions against his political opponents.”

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