In a move that has left both Democrats and Republicans reeling, David Marcus, the longtime president of PayPal and a notable donor to left-wing causes, has publicly endorsed former President Donald Trump. Taking to the social media platform X, Marcus announced that he would not be supporting Vice President Kamala Harris in her presidential bid. Instead, he is throwing his support behind the GOP nominee, Donald Trump. Marcus declared in his post that he was “crossing the Rubicon and backing the Republican Party and President Trump.”
Marcus began his post with a reflection on his political transformation, saying, “Many — including a former version of myself — get trapped in a mental framework that becomes their identity and prevents them from radically evolving their thinking with new facts and information. I finally broke free from it. My journey has been a gradual political 180 from where I stood in every previous election. It has been an eye-opening process of disenchantment, zero-basing lifelong beliefs, and rebuilding from there.”
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Marcus, who has been a key figure at PayPal, shared an insightful story from 2017 when he was involved in a fundraising effort for the Democratic National Committee (DNC). He explained, “In 2017, a good friend enlisted me to pitch the DNC to raise $100M from Silicon Valley founders and executives. The aim was to use these funds and know-how to build a CRM and tech platform to prevent a repeat of Hillary Clinton’s inadequate, outdated 2016 campaign. We met with DNC leadership, who told us we could raise that money, but it would have to go to the general fund; a single-digit percentage would then be allocated to tech. In the wake of one of their most shocking failures, they didn’t want the help.”
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