Report: Megadonors to Drop Nikki Haley Before South Carolina PrimaryWendell Husebø 25 Jan 2024
The donor class began to cut off all future funding of former South Carolina Gov. Nikki Haley’s campaign after she lost the critical Republican primary in New Hampshire, multiple advisers to political megadonors told the Washington Post Wednesday.
The desertions represent the beginning of the end for Haley’s ability to remain in the race. Haley was the donor class’s choice candidate to block former President Donald Trump, but after his historic victories in Iowa and New Hampshire, Haley’s financial backers apparently see the writing on the wall.
Democrat billionaire donor Reid Hoffman, co-founder of LinkedIn, paused donations to pro-Haley PACs. “We invested in Governor Haley when we thought she had a shot of winning. I’d need to see a new case, with new evidence, to persuade me that more money could help her win now,” Hoffman adviser Dmitri Mehlhorn told the Wall Street Journal.
Metal magnate Andy Sabin also ended his financial support for the former South Carolina governor. “You have to know when to hold them. You got to know when to fold them. You got to know when to walk away. It’s time for Nikki Haley to walk away,” Sabin told Fox Business host Neil Cavuto, referencing Kenny Rogers’ hit song “The Gambler.”
“There’s absolutely no upside to her going to South Carolina. And there’s a tremendous downside,” he added. “If you can’t win your own state, there’s no reason to go on.”
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https://www.breitbart.com/2024-election/2024/01/25/report-megadonors-to-drop-nikki-haley-before-south-carolina-primary/