ISSUE – Aug. 11 | The TikTok drama shines a spotlight on the rare tech investor who is backing Trump

The ultimate fate of TikTok could be shaped in part by the efforts of one billionaire tech investor who has earned the distinction of being a particularly rare type of Silicon Valley unicorn: a major donor to Donald Trump. ByteDance, the Chinese parent company of the hit video sharing app, is in a boxing match with the Trump administration, which has threatened to ban it from the United States next month. But TikTok has an investor who looms large in the drama because of his personal ties and access to the White House.

Doug Leone, one of the leaders of one of Silicon Valley’s most celebrated firms, Sequoia Capital, and his wife together have given about $400,000 over the last two years to Trump’s campaign and affiliated groups such as the Republican National Committee and a pro-Trump super PAC. That makes the Leones two of the very biggest donors to T

rump in Silicon Valley, where business leaders have almost entirely run away from publicly backing the President. [ Vox ]

Checkout 15K+ Venture Ca

ad ad