Billionaire enterprise capitalist Doug Leone, a associate at Sequoia Capital who runs the agency till 2022, has introduced his assist for former President Donald Trump.
It comes as a stark distinction from Leon’s earlier stance, as he joins the rising ranks of Silicon Valley energy gamers throwing their weight behind Trump.
Leon’s shift in allegiance was revealed in a candid publish on X, wherein he outlined his rising concern about our nation’s trajectory below a Biden administration.
“I’ve turn out to be more and more involved concerning the common route of our nation, the state of our damaged immigration system, ballooning deficits and a sequence of international coverage errors,” Leon wrote.
He additionally mentioned, ‘So I’m supporting former President Trump within the subsequent election.
I’ve turn out to be more and more involved concerning the common route of our nation, the state of our damaged immigration system, ballooning deficits, and international coverage missteps, amongst different issues. So I’m supporting former President Trump within the subsequent election.
— Doug Leone (@Dougleone) June 3, 2024
Sequoia Companions beforehand withdrew its assist for Trump after the Jan. 6 assault on Capitol Hill. He informed Vox’s Report that the previous president’s habits in the course of the riots triggered him to lose “a number of his supporters, together with myself,” in keeping with Enterprise Insider.
Nonetheless, in mild of current occasions and rising disillusionment with Biden’s administration, Leon has chosen to re-endorse Trump. His choice alerts a bigger development amongst Silicon Valley elites, who’ve been rallying behind Trump since his fraud conviction.
