[Photo Credit: By The White House from Washington, DC - Thanksgiving Video Conference Call with Military Service Personnel, Public Domain, https://commons.wikimedia.org/w/index.php?curid=97158095]

Trump Manages to Raise 12 Million Dollars in Most Liberal City in America

During a fundraiser with tech entrepreneurs in San Francisco on Thursday, former President Donald Trump reportedly raised approximately $12 million.

David Sacks, a venture capitalist, and Chamath Palihapitiya, a venture capitalist, sponsored the fundraiser at their Pacific Heights residence, according to Reuters.

The renowned “All-In” podcast is co-hosted by Sacks and Palihapitiya. The cost of attendance varied from $50,000 to $500,000, contingent upon the benefits.

The occasion was attended by numerous prominent venture capitalists and crypto investors.

Donald Trump was introduced at the event by Senator J.D. Vance (R-OH) and Sacks, who proclaimed his endorsement of Trump in a Thursday post on X.

Trump has consistently criticized Democrats for their proposed expansion of cryptocurrency regulations.

The event was held in San Francisco, a city that is known for its intense blue hue. Nancy Pelosi, the former House Speaker, is a political opponent of Trump.

Sacks stated in his endorsement message of Trump, which was posted to X, that he was supporting Trump over Biden due to a number of critical issues, such as economic policy, foreign policy, immigration, and legal parity.

[READ MORE: New Poll Shows Trump Leading Biden By 5 in Key Swing State]