Tag: David Sacks

Silicon Valley Tech Moguls Flock to Trump’s Banner

Minnesota Sun Staff
David Sacks and Chamath Palihapitiya (composite image)

Big names in the cryptocurrency and venture capital worlds, some of whom are former Democratic donors, are throwing their support behind former President Donald Trump.

Venture capitalists David Sacks and Chamath Palihapitiya organized a high-dollar fundraiser for the former president Thursday night in San Francisco, raising $12 million for the Trump 47 Joint Fundraising Committee at a sold-out fundraiser where tickets cost up to $500,000 per couple. Coinbase Chief Legal Officer Paul Grewal, prolific tech investor Shervin Pishevar as well as Cameron and Tyler Winklevoss, famous for their dispute with Mark Zuckerberg over the founding of Facebook, all attended the event, a source familiar with the fundraiser told the Daily Caller News Foundation

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Commentary: If H.R. 7521 Was Only About TikTok, the Bill Would Only Apply to TikTok

Minnesota Sun Staff
TikTok Social Media

“The TikTok bill gives Biden the power to ban websites & apps run by ‘a person subject to the direction or control of a foreign person or entity.’ Given that Biden routinely smears political opponents as being under the control of Putin, the danger should be obvious.”

That was entrepreneur David Sacks on X (formerly Twitter) on March 13 noting the fact that H.R. 7521, which has easily passed the House and is now on a fast track in the U.S Senate will give the President, right now it’s Joe Biden but also future presidents, can force divestiture of any website or application or else have it removed from hosting services if the President determines it is run by “a person subject to the direction or control of a foreign person or entity” including Russia, China, North Korea or Iran.

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