TLDR:
- Several prominent tech investors, including Mark Cuban and Reid Hoffman, along with more than 500 others, have endorsed Vice President Kamala Harris for the 2024 presidential election.
- The pledge emphasizes pro-business and pro-entrepreneurship values and the importance of democratic institutions.
Several prominent tech investors, including Mark Cuban, Reid Hoffman, Vinod Khosla, and Spencer Rascoff of 75 and Sunny, have endorsed Vice President Kamala Harris for the 2024 presidential election through an initiative led by Seattle investor John Schilling. The pledge, which includes key LA-based firms like Backstage Capital, Bonfire, MaC Venture Capital, and Upfront Ventures, signals a unified effort among tech leaders to support Harris’s candidacy. The pledge highlights their commitment to pro-business and pro-entrepreneurship values while emphasizing the importance of democratic institutions. Additionally, this initiative highlights a significant shift in how tech leaders in Los Angeles are engaging in political advocacy, with the involvement of these high-profile investors and firms reflecting a broader trend of progressive political support in the tech industry.
The pledge states: “We the undersigned are Venture Capital investors, founders and tech leaders who pledge to vote for Kamala Harris in the 2024 election. We spend our days looking for, investing in and supporting entrepreneurs who are building the future. We are pro-business, pro-American dream, pro-entrepreneurship, and pro-technological progress. We also believe in democracy as the backbone of our nation. We believe that strong, trustworthy institutions are a feature, not a bug, and that our industry – and every other industry – would collapse without them. That is what’s at stake in this election. Everything else, we can solve through constructive dialogue with political leaders and institutions willing to talk to us. In this pivotal moment, we are united in our support for Vice President Kamala Harris. We invite you to join us.”
Additionally, the pledge clarifies, “This pledge is not a declaration of your politics or party alignment. It just means you intend to vote and support Harris for President in this election.” The support for Harris from these tech investors showcases a stance against conservative trends and states “Let’s show founders that not all VCs have turned MAGA,” indicating a solidarity within the tech industry towards progressive political support.
