Democrat billionaire donor Reid Hoffman, co-founder of LinkedIn, paused donations to former Gov. Nikki Haley’s bid for the Republican nomination, a source familiar with the matter told CNBC Wednesday.
The funding pause represents the first Haley donor to cut his support after Tuesday. Haley was the establishment’s favorite to attack former President Donald Trump, the de facto GOP nominee.
Hoffman previously gave $250,000 to a pro-Haley super PAC, the New York Times reported.
“If America is to avoid another Trump presidency, it will be because Trump loses an election next year. If he is to lose, it will either be to Nikki Haley in the primary, or Joe Biden in the general,” Hoffman wrote in December.
Hoffman also said he donated to…