This is the best summary I could come up with:

Biotech entrepreneur Vivek Ramaswamy suspended his bid for the 2024 Republican presidential nomination on Monday and endorsed former President Donald Trump after finishing a disappointing fourth in Iowa’s leadoff caucuses.

The 38-year-old political novice, who sought to replicate Trump’s rise as a bombastic, wealthy outsider, said he called the former president earlier Monday evening to congratulate him on his victory in Iowa.

His decision to drop out, though, becomes the latest confirmation that the former president, even at 77 years old and under multiple criminal indictments, still dominates Republican politics and remains the overwhelming favorite to win the GOP nomination for the third consecutive time.

Ramaswamy’s failure also affirms how difficult it is for any Republican other than Trump to push the bounds of party orthodoxy, as the first-time candidate found little political reward for positions such as his opposition to aid for Israel and Ukraine.

The son of Indian immigrants, Ramaswamy entered politics at the highest level after making hundreds of millions of dollars at the intersection of hedge funds and pharmaceutical research, a career he charted and built while graduating from Harvard University and then Yale Law School.

He did not tell voters that he once described Trump’s denial of his 2020 defeat as “abhorrent” or that he saw Jan. 6 as a “dark day for democracy.” He didn’t say he invested in companies whose diversity, equity, and inclusion programs he calls “woke.” His isolationist views and his assertions that U.S. politicians back Israel because of their personal financial interests drew the ire of influential conservative commentators, including Sean Hannity of Fox News.

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