“The timing isn't a coincidence.”
Following Donald Trump's guilty verdict in New York, venture capitalist Shaun Maguire made headlines by revealing that he had donated a whopping $300,000 to the Trump campaign. The announcement comes as quite the plot twist, considering Maguire had been a Hillary Clinton supporter in 2016 and didn't throw his weight either major party nominee in 2020.
“I know that I'll lose friends for this. Some will refuse to do business with me,” Maguire posted to X. “The media will probably demonize me, as they have so many others before me. But despite this, I still believe it's the right thing to do.”
“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,” Maguire wrote.
“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.”
“I know that I'll lose friends for this. Some will refuse to do business with me. The media will probably demonize me, as they have so many others before me. But despite this, I still believe it's the right thing to do,” he added.
“I refuse to live in a society where people are afraid to speak.”
Billionaire Elon Musk swiftly chimed in, agreeing with Maguire, as Fox Business reports:
Musk also responded to criticism of the ruling, arguing that Trump's conviction caused “great damage” to the U.S. justice system.
“Indeed, great damage was done today to the public's faith in the American legal system. If a former President can be criminally convicted over such a trivial matter – motivated by politics, rather than justice – then anyone is at risk of a similar fate,” he wrote.
Craft Ventures executive David Sacks described Maguire's donation as an “act of courage.” He argued that Trump has “a lot of supporters in Silicon Valley” but “many are just afraid to admit it.”
“With each act of courage, like this one, the dam begins to break,” he added.
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