TLDR:
Key points from the article:
- Mark Cuban and Reed Hastings are among more than 100 Silicon Valley investors supporting Kamala Harris’s campaign
- Venture capitalists launched a website, vcsforkamala.org, expressing their backing for Harris in the 2024 election
More than 100 Silicon Valley investors, including celebrities like Mark Cuban and Reed Hastings, have come out in support of Kamala Harris’s campaign for the 2024 election. The group launched a website called vcsforkamala.org to express their endorsement for the presumptive Democratic presidential nominee. The investors highlighted their pro-business, pro-American dream, pro-entrepreneurship, and pro-technological progress stance, while also pointing out concerns about the authoritarian impulses of the Republican nominee, Donald Trump, and his running mate, JD Vance.
Joe Biden’s withdrawal from the re-election campaign after a disastrous debate against Trump has led to Harris taking the forefront. She has garnered significant fundraising and endorsements from big names like Mark Hamill and Jeff Bridges. The emergence of VCs for Kamala also reflects growing divisions within Silicon Valley, particularly with regards to support for Trump among tech moguls like Peter Thiel, David Sacks, and Elon Musk. The Tech for Kamala initiative, led by technology leaders and innovators, aims to showcase a different vision for the future and stability in America.
The lead organizer of VCs for Kamala, Leslie Feinzaig, emphasized that right-wing, pro-Trump tech moguls do not speak for the majority in the tech industry. The support for Harris’s campaign signals a shift in political alignment among venture capitalists in Silicon Valley.
