Former President Donald Trump is gaining popularity in areas of the country that once seemed unlikely strongholds for him.

This was evident last week when he raised nearly $12 million at a fundraiser in former House Speaker Nancy Pelosi’s backyard, according to the Daily Wire. The event was hosted by venture investor David Sacks and venture capitalist Chamath Palihapitiya at their Pacific Heights residence. Sacks and Palihapitiya, co-hosts of the popular podcast “All-In,” welcomed many notable cryptocurrency investors and venture capitalists. Attendance costs ranged from $50,000 to $500,000, depending on the perks.

During the fundraiser, Republican National Committee member Harmeet Dhillon remarked that Trump was “relaxed, happy, and cracking jokes about AI.”

Sacks revealed that the event was sparked by a call from JD Vance, who suggested hosting it. “Without JD’s advice and encouragement, this would never have happened,” Sacks said.

Sacks elaborated on his endorsement of Trump in a post on X, stating:

Why I’m Backing President Trump

As many press accounts have reported, I’m hosting a fundraising event for President Donald J. Trump at my home in San Francisco this evening. Over the last couple of years, I have hosted events for presidential candidates Ron DeSantis, Vivek Ramaswamy, and Robert F. Kennedy Jr., as well as several Congressional figures in both major parties. I give to many, but endorse few. But today I am giving my endorsement to our 45th President, Donald J. Trump, to be our 47th President. My reasons rest on four main issues that I think are vital to American prosperity, security, and stability – issues where the Biden administration has veered badly off course and where I believe President Trump can lead us back.