Megadonor Alan Patricof sticks with embattled Biden, but says he must win South Carolina

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Megadonor Alan Patricof sticks with embattled Biden, but says he must win South Carolina
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Patricof said on 'Squawk Box,' the morning after two major Biden fundraisers on New York, that attendance indicted that support for the former vice president remains strong.

At the second donor event, Biden emphasized that Iowa and New Hampshire are largely white states, according to a pool report. Biden said that the majority of black voters "has not spoken."

"The same people who would be supportive of Mike are the same people who would be supportive to Biden," Patricof said. "A lot of people, certainly the New York people, as I am, are a friend of Mike. ... But in the end, voters are what counts." Patricof said donors are sticking with the candidates they started with "until it runs its course." He refused to say who he might support if Biden can't right the ship.

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