David Sacks Tried the 2024 Alternatives. Now He’s All-In on Trump
The venture capitalist hosting a $300,000-a-head fundraiser for the former president has carved out a role for himself among Silicon Valley’s political right.
Sacks in 2018.
Photo Illustration: 731; Photo: Bloomberg(This story was originally published on June 5, 2024. US President-Elect Donald Trump announced late Thursday that he has chosen David Sacks to serve as his artificial intelligence and crypto czar.)
Venture capitalist David Sacks has taken a meandering path to Donald Trump. In 2012 he gave $50,000 to Mitt Romney; in 2016 he gave $33,400 to Hillary Clinton. He sat out 2020 altogether, and he said after the violence at the US Capitol that Trump had “disqualified himself from being a candidate at the national level again.” In the 2024 cycle, Sacks has backed Robert F. Kennedy Jr. and Ron DeSantis. He played a public role in the official launch of the DeSantis campaign, which was marred by technical issues, and has also co-hosted fundraisers for Kennedy and presidential hopeful Vivek Ramaswamy.