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Another Democrat Megadonor Says ‘The Clock Has Run Out’ On Biden

A top Democrat donor issued a statement on Friday urging President Joe Biden to end his re-election campaign as he continues to fall further behind former President Donald Trump in polling.

Billionaire Silicon Valley venture capitalist Michael Moritz — who has given nearly $8 million to pro-Biden and anti-Trump political action committees thus far during the 2024 cycle — said that he will not give any more money to Democrats this cycle if Biden remains the nominee.

“Sadly, President Biden has a choice — vanity or virtue,” he said in a statement to The New York Times. “He can either condemn the country to dark and cruel times or heed the voice of Father Time. The clock has run out.”

“I would vote for Biden, but I would not give another penny to any fund-raising appeals from Democrats,” he added.

Major Democrat donors informed the pro-Biden political action committee…

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