Donald Trump · White House · Palantir · SpaceX · Elon Musk · U.S. · NPR Technology
GROSS: At this fundraising dinner, they raised $12 million for Trump
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Atlantic writer George Packer discusses how tech venture capitalists, who are heavily invested in AI and cryptocurrency, aligned with Trump and influenced policies related to their own investments.
Key facts
- GROSS: You write that the courtship between Silicon Valley and MAGA consummated on June 6, 2024, in San Francisco's Pacific Heights neighborhood on a street known as Billionaires' Row at the $45
- Packer writes that Trump's crypto wealth has grown by at least $7.5 billion since 2024
- GROSS: At this fundraising dinner, they raised $12 million for Trump
- GROSS: the reporter want to start with a clip, and this is a clip of Sacks speaking at the White House in March of 2025
Summary
In the early days of internet startups, tech innovators in the Silicon Valley were seen as young idealists who developed their creations in their garages, bedrooms or at the universities where they were students. How and why this alliance was formed is the subject of a new report in The Atlantic by their guest, George Packer. Sacks co-founded the venture capital fund Craft Ventures. Sacks was an early investor in Facebook, Uber, SpaceX, Palantir Technologies and Airbnb, was PayPal's first head of products and served as COO. " George Packer is a staff writer at The Atlantic, focusing on American politics, culture and U.S. foreign policy. He won a National Book Award for "The Unwinding: An Inner History Of The New America. PRESIDENT DONALD TRUMP: Yeah, high IQ.