Major business leader announces he’s switching parties and backing Trump

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Former president of PayPal David Marcus announced he has switched political parties and endorsed Donald Trump via X, the site formerly known as Twitter.

The tech entrepreneur, who recently headed up Messenger at Meta, announced he was "crossing the Rubicon and backing the Republican Party" as well as the campaign of former President Donald Trump.

In his lengthy post, Marcus cites an "eye-opening process of disenchantment, zero-basing lifelong beliefs, and rebuilding" in order to reach his ultimate conclusion.

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"I am crossing the Rubicon and backing the Republican Party and President Trump. 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," wrote Marcus.

Marcus cited an anecdote where, in 2017, he was enlisted to raise $100M from Silicon Valley for the Democratic National Convention in order to "prevent a repeat of Hillary Clinton’s inadequate, outdated 2016 campaign."

David Marcus, head of blockchain with Facebook Inc., speaks at a panel discussion during the annual meetings of the International Monetary Fund and World Bank Group in Washington, D.C., U.S., on Wednesday, Oct. 16, 2019. The IMF made a fifth-straight (Andrew Harrer/Bloomberg via Getty Images / Getty Images)

Marcus was shocked to discover that the DNC only intended to use a "single-digit percentage" for tech purposes.

He also cites a 2019 incident after testifying on Meta's behalf at the Senate and the House. He recalls, "at the time, I still believed the mainstream idea that Democrats were all about serving the People. However, I was shocked to learn that, for the most part, Republicans cared more deeply about their constituents, while Democrats, in my experience, cared more about government power and control." 

The former PayPal president posited, "this trend of spinning and manufacturing a parallel reality to serve the Dem agenda, solidified by complicit mainstream media, hit home with the Hunter Biden laptop story, the coordinated vilification of President Trump and his followers, and President Biden’s cognitive decline — depriving voters of a voice in a proper primary. These examples displayed the hubris of the current Dem leadership."

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"You must think the American people are fools to believe the spin on these issues. I despise this elite vs. general population ideology viscerally. This version of the Democratic Party is sidelining moderates and centrists and has adopted an increasingly leftist ideology," wrote Marcus.

David Marcus is aligned with Trump on technology innovations like crypto and AI as well as foreign policy–especially the Middle East. Marcus opined, "on Iran, this administration is continuing a misguided Obama-era plan to bring Iran closer to the West by unfreezing Trump-era sanctions, thus giving the Mollahs’ regime the ability to fund terrorism and pursue its anti-America, anti-Israel, and anti-Jewish agenda."

"I believe we need a President who is unequivocally pro: America, the Constitution, business, Bitcoin/crypto, innovation, Israel, small government, legal immigration, free speech, meritocracy, and common sense — and anti: regulatory proliferation, illegal immigration, unjust wars, Iran’s current regime, and domestic groups that oppose American values."

Republican presidential nominee, former U.S. President Donald Trump speaks at a rally on July 31, 2024, in Harrisburg, Pennsylvania. Trump is returning to Pennsylvania for the first time since the assassination attempt. Polls show a close race with D (Spencer Platt/Getty Images / Getty Images)

"These issues are central to President Trump’s platform," asserted Marcus. The tech entrepreneur does not accept, however, the GOP's stance on "reproductive rights."

Marcus completed his post by referencing the attempt on former President Trump's life at a rally in Butler, PA on July 13.

"It’s impossible to close this post without mentioning President Trump’s recent assassination attempt. The courage and resolve he displayed seconds after being hit by a bullet was awe-inspiring for his followers and detractors alike. This was a man, however imperfect, who, at that moment, incarnated the American spirit in the most vivid way, starting to bring a split nation together," wrote Marcus.

"In this pivotal moment, confronted with the choices we have, I am endorsing and supporting a return to a Republican administration in 2025," the post concluded.

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Fellow tech entrepreneur Joe Lonsdale, founder of Palantir Technologies, commented, "Well said. Thank you for your intellectual courage."