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Today: September 27, 2024
July 25, 2024
1 min read

Millions of Silicon Valley dollars fund political campaigns in America

TLDR:

  • Silicon Valley venture capital money is pouring into both sides of the presidential race, with support for Vice President Kamala Harris and GOP vice presidential candidate JD Vance.
  • VC executives and prominent Republicans are rallying on social media, raising money, and registering voters to support their candidates.

Money from Silicon Valley’s venture capital community is playing a significant role in the 2024 presidential campaigns, with support going to both Vice President Kamala Harris and GOP vice presidential candidate JD Vance. Silicon Valley executives like Victoria Watkins have been vocal in their support for Harris, highlighting her desire to continue progress and innovation in the country. VC executives have been active on social media and beyond, raising money and registering voters to support their respective candidates.

On the other side of the race, prominent Republicans have also received support from venture capitalists, with many lining up behind JD Vance, the new GOP vice presidential candidate. Republicans like lawyer Harmeet Dhillon believe that Vance can bring positive changes to California and the country as a whole. Both sides of the race have seen a significant influx of financial support, with Harris’ campaign raising over $100 million in the first day and a half following President Joe Biden’s endorsement.

VC support in the presidential race goes beyond just financial contributions, with many Silicon Valley executives and Republicans actively working to rally support, raise awareness, and engage with voters. The outcome of the 2024 election could be greatly influenced by the involvement of venture capital money and the support of key players in Silicon Valley.

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