Trump heads to tech fundraiser in San Francisco, with some guests paying $300,000

www.cnbc.com

9 comments

It's a big club...
Politicians DGAF about you.
The residents of SF should work towards making these people as miserable as possible for as long as they remain in the city. You don’t get to enjoy the benefits of the city the people built as you work to destroy it.
- I know the city and the people there well. I guarantee you the orange shit stain will be met with a lot of protest.
  
  Not in the circles he’s courting. The self-styled Silicon Valley tech aristocracy are hypercapitalists and accelerationists pretty much to a man.
Tech investors and podcasters David Sacks and Chamath Palihapitiya are hosting a fundraiser for Donald Trump at a San Francisco mansion.
These guys are mad that Bidens administration hasn't been as friendly to mega corps, venture capital and crypto. Chamath specifically has had some SPACs get questioning from the SEC bc he wasn't being honest about the companies. If I remember correctly during the GameStop short squeeze, Palihapitiya repeatedly attacked Robinhood and its founders for being unethical by selling payment for order flow to HFT firms like Citadel Securities and pushed his fans to switch over to SoFi, which was merging with his SPAC. yet failed to mention that SoFi employs the same practice of selling payment for order flow to HFT firms (including to Citadel Securities) and owns a 16% stake in Apex Clearing Corp, a clearing house involved in the controversy
Yeah, but it's $300,000 San Francisco dollars, so like $300 in normal people money. ;)
- $300,000? You mean a month's rent?
He’s delivering a symposium on windmills. It’s his magnum opus. Peter Thiel will be there nodding and grinning.
The amount of smart people who don't understand this is mind boggling.

9 comments