A top Silicon Valley venture capitalist announced on Thursday that he was donating hundreds of thousands of dollars to former President Donald Trump following his conviction in the controversial hush-money case in Manhattan.
Shaun Maguire, a partner at Sequoia Capital, posted on X that he donated $300,000 to the political operation backing Trump and explained in a lengthy statement his political shift in recent years.
“I’m prepared to lose friends,” he wrote. “Back in 2016 I had drunk the media Kool-Aid and was scared out of my mind about Trump. As such I donated to Hilary Clinton’s campaign and voted for her. By 2020 I was disillusioned and didn’t vote – I didn’t like either option.”
“Now, in 2024, I believe this is one of the most important elections of my lifetime, and I’m supporting Trump,” he continued. “I know that I’ll lose friends for this. Some will…