The tech world was rocked when news broke of a fundraiser for Donald Trump. A Silicon Valley investor, David Sacks, hosted a dinner for the Republican candidate and welcomed major tech leaders to attend the event and contribute to Trump’s presidential campaign.

This sent shockwaves through Silicon Valley. Most Americans know that devout liberals run the biggest tech companies.

Yet it seems Trump supporters in the tech industry came out in force for this event. Word is coming out on how the night worked out for the Republican candidate. This appears to be a sign that Biden’s only advantage in this election is rapidly fading.

From The Post Millennial:
An unprecedented Silicon Valley fundraiser for presidential frontrunner Donald Trump raised $12 million on Thursday night. The fundraiser, co-hosted by tech entrepreneur David Sacks, with tickets per couple going for $500,000 a piece. Per person tickets were $300,000 a piece. The event was sold out…

The fundraiser was held at Sacks’ home, Broadcliff, in Pacific Heights. It was attended by the Winkelvoss twins, crypto leaders, and others in the entrepreneurial and venture capital space. Sacks, his wife, Jacqueline, and venture capitalist Chamath Palihapitiya hosted it.

The first of its kind, Trump’s Silicon Valley fundraiser brought in $12 million in one night. Tickets to the event cost $300,000 for individuals and $500,000 for couples. This was no minor deal. According to those who attended, the house had no empty seats.

Trump was reportedly “relaxed, happy, and cracking jokes about AI.” Tech leaders are starting to rally around the Republican due to his support for cryptocurrency. President Biden has discussed regulating and limiting the emerging Fintech. But he will likely be as successful at helping crypto as he’s been at “helping” anything else.

Tech leaders probably have more confidence in Trump to help restore the economy and ensure a thriving tech market. Biden’s socialist policies have hurt every industry. Tech companies may be feeling the pinch, as Americans are pulling back from spending high prices on new gadgets or services.

This news will surely terrify the Biden campaign. Since the Republican primaries were wrapped up, Trump has begun to catch up with Biden in one crucial area. And with the guilty verdict outraging Americans, Trump is gaining even more steam.

From Daily Caller:
But over the last two months, the RNC and Trump campaign have started to make a dent in the cash advantage Biden once had. As Trump world continues to announce record-breaking fundraising statistics, one of Biden’s few apparent edges in a tight election could fall by the wayside, strategists told the Daily Caller.

Trump might soon have more cash on hand than Biden. Without heavy cash deposits from big donors, Biden won’t have a leg to stand on. He is unable to connect with voters the way Trump does. His record is a stain on his campaign. His only chance is to spend a lot of money on smear ads and “get-out-the-vote” efforts in urban areas.

But if he runs out of cash… he’s toast.

Key Takeaways:

• Trump raised $12 million during a Silicon Valley fundraiser.
• Tech industry leaders attended the event.
• Donald Trump is quickly catching up with Biden in raising money.

Source: The Post Millennial, Daily Caller