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Amid the rapidly developing events in American politics, former American president and Republican Party presidential candidate Donald Trump announced Ohio Senator JD Vance as the vice president.
78-year-old Trump announced that Vance is half his age, i.e. 39 years old. Analysts have said that Silicon Valley played a big role in making Ohio Senator Vance, who has only been in politics since 2022, a candidate for the White House.
Vance, who once publicly criticized former President Trump and called him 'America's Hitler', was on his way to success after his autobiography published in 2016 became popular. After graduating from Yale Law School in 2013, he moved to San Francisco and worked at a venture firm called Mithril Capital. After helping the company to raise about 1.3 billion US dollars, he worked as a managing director in the famous American businessman Steve Case's company called Revolution.
During this time, he led the implementation of a new strategy of active investment in the American technology sector and also supported technology startups like Automan and AppHarvest. He started his own venture capital firm in 2019 with the help of his former Mithril boss Peter Thiel, biotech entrepreneur Vivek Ramaswamy who competed with Trump to become the Republican candidate, Mark Anderson, Eric Schmidt and other businessmen and managed to collect more than 100 million capital. Vance, who previously criticized Trump, became a key spokesperson for Silicon Valley to support Trump in the run-up to the 2020 presidential election.
After marrying Usha Chilukuri, the daughter of Indian immigrants, Vance returned to Ohio and continued his venture capital business. When he started his campaign to be elected to the Senate on behalf of the state of Ohio in 2022, Peter Thiel, an old friend from Silicon Valley, helped him with $10 million. At that time, Vance also received goodwill from other Silicon Valley tech tycoons. Vance, who has apologized for his previous criticisms of Trump, has recently emerged as one of the biggest supporters of Trump's policies. Even Silicon Valley billionaire Elon Musk has publicly praised Vance. He succeeded in becoming Trump's vice presidential candidate after defeating North Dakota Governor Doug Burgum and another US senator, Marco Rubio.
After the shooting incident a few days ago, along with Musk, various technology and venture capital rich people have openly announced that they will support the Trump campaign . After rising from Silicon Valley and contending for America's second-largest position, the tech tycoons supporting Vance are sure to grow.
Musk has announced that he will give about 45 million US dollars per month to the Trump-Vance campaign . A group including the crypto-rich Winklevoss brothers, data analytics firm Palantir Lonsdale, Sequa Capital's Doug Leon have announced that they have raised $8 million for the campaign. After Trump chose Vance as his vice-presidential candidate, Vance, who announced that he has about 150,000,000 worth of bitcoins, NPR's analysis mentions that waves have also been created in the crypto sector.
In the AI field, while discussions are going on about regulation and taxation, Vance, who is an expert in the same field, is expected to be helped by Silicon Valley. Despite having to pay hundreds of millions of dollars during the legal troubles, Silicon Valley technology tycoons generously supported Trump with cash .
Even though Silicon Valley is not fully in support of Trump, Vance's rapid political progress is possible with the help of right-wing and archaic-minded technology tycoons.
