Former President Donald Trump continues to gain popularity in regions of the country where it was once considered unimaginable. This was evident last week when he raised an impressive $12 million at a fundraiser in former House Speaker Nancy Pelosi’s backyard, hosted by affluent figures from the tech industry.

The event took place in the Pacific Heights residence of venture investors David Sacks and Chamath Palihapitiya, who co-host the widely acclaimed podcast “All-In”. Attendees had the option to pay between $50,000 and $500,000, depending on the perks. Notably, prominent cryptocurrency investors and venture capitalists were present at the gathering.

Harmeet Dhillon, a member of the Republican National Committee, described the former president as being in good spirits, relaxed, and even cracking jokes about artificial intelligence. The positive atmosphere was further highlighted by Sacks, who credited JD Vance for proposing and encouraging the idea of hosting an event for President Trump. Sacks expressed his admiration for the former president in a post on X, where he outlined his endorsement and clarifies his reasons for supporting him.

Why I’m Backing President Trump

In his post, Sacks emphasized four crucial issues that he believes are significant for American prosperity, security, and stability. These are areas where he perceives the Biden administration to have deviated from the right path, and he sees President Trump as someone who can lead the nation back on track.

As an influential figure within the tech and venture capital industries, Sacks’s endorsement carries weight and reinforces the growing appeal of Donald Trump in unexpected corners of the United States. This recent fundraiser event has made it apparent that support for the former president remains strong, even amongst groups that might have once seemed unlikely to back him.