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Sacksfest ’24 & Melinda’s Split Decision

david sacks
The Trump event is a valedictory moment for Sacks—now the leader nonpareil of the growing right-wing presence in Silicon Valley politics. Photo: Paul Chinn/The San Francisco Chronicle/Getty Images

The once-unthinkable Trump campaign fundraiser in San Francisco now has a date. On June 6, the investor and inveterate podcaster David Sacks will open Broadcliff, his palatial Pacific Heights home on the neighborhood’s iconic street, to the ex-president, along with a smattering of tech leaders, plenty of whom have become decidedly more Trump-friendly since Biden (or President Lina Khan, in their view) took office.

The Trump event is a valedictory moment for Sacks—now the leader nonpareil of the growing right-wing presence in Silicon Valley politics, just as Reid Hoffman leads the political action on the left. It marks an epochal shift in tech, too. Until somewhat recently, America First conservatives were essentially an underground society within the industry. But the last three years have been defined by backlash to perceived progressive overreach, and even a touch of Trump nostalgia. Not surprisingly, the Sacks fundraiser is generating a ton of interest from techies, and not just in the Bay Area: Republican bundlers from across the country are struggling to get their hands on tickets, I hear. And outsiders will be closely scrutinizing  the guest list to divine the new hierarchy of G.O.P. tech power brokers. Can Sacks get Elon Musk to show up, as he has for his past events? What about Peter Thiel or Marc Andreessen? The event is being cast by Sacks and his allies as a possible show of force. Expect to see strong turnout from the crypto world in particular, now that Trump is pitching the Gensler-haters, hard.