Topics
Latest
AI
Amazon
Image Credits:Drew Hallowell / Getty Images, Maggie Stamets / Cody Corrall / TechCrunch
Apps
Biotech & Health
mood
Image Credits:Drew Hallowell / Getty Images, Maggie Stamets / Cody Corrall / TechCrunch
Cloud Computing
Commerce
Crypto
Enterprise
EVs
Fintech
Fundraising
Gadgets
Gaming
Government & Policy
computer hardware
Layoffs
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
security measure
Social
Space
inauguration
TikTok
Transportation
Venture
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
Podcasts
video
Partner Content
TechCrunch Brand Studio
Crunchboard
get through Us
More than 100 VCs , include Reid Hoffman , Vinod Khosla and Mark Cuban have pledged to vote for Vice President Kamala Harris in the coming U.S. presidential election .
Mobilizing under the groupVCsForKamala , the VCs are also soliciting donations for Harris ’ campaign . But the organizers say the effort is n’t meant to align with any one political party .
harmonise to the group ’s internet site , signing on is a loyalty to “ unattackable , trusty institution . ”
“ We believe that strong , trusty institutions are a feature , not a hemipterous insect , and that our industry — and every other industriousness — would crock up without them , ” a statement on the VCsForKamala site reads . “ That is what ’s at stake in this election . Everything else , we can work through constructive dialogue with political drawing card and institutions willing to speak to us . ”
VCsForKamala , along with recent open - varsity letter technical school worker political campaign like technical school for Kamala , aim to push back against the notion that Silicon Valley has largely embraced ormer President Donald J. Trump .
Over the retiring few weeks , Tesla and X nous Elon Musk and investor Marc Andreessen , Ben Horowitz and David Sacks haveendorsed Trump , the Republican presidential nominee . Musk created a raw pro - Trump super PAC , andSacks spoke at the Republican National Convention . The billionaire Winklevoss twins , beginner of cryptocurrency company Gemini , also donated to Trump ’s safari ( in bitcoin ) .
Trump ’s Silicon Valley base argue that the Republican party — and outflank himself — are broadly more favorable to the startup ecosystem . Andreessen and Horowitz have sound out that they trust , for example , that President Joe Biden and his presidential term have stifle technical school businesses through overregulation and potentially gratuitous taxation , and that their policies threaten to slow addition in the AI and crypto space .
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
Harris has heldvarying positionson technical school ordinance as California ’s attorney full general , in the U.S. Senate , and as VP . In 2019 , as a commonwealth senator , she advocated for a breakup of Meta ( then Facebook ) . And last yr , she hosted four technical school CEO — Sam Altman , Dario Amodei , Satya Nadella and Sundar Pichai — at the White House “ to share concerns about the risks associated with AI . ”
Harris has at different times in her career drawn praise and financial support from tech leaders such as Box CEO Aaron Levi , Marc Benioff , Sheryl Sandberg and Jony I ve . Hoffman , Laurene Powell Jobs and venture capitalist John Doerr are among those who endorse Harris ’ last presidential bidding that ended in December 2019 , when she dropped out of the race to plump for Biden .
Harris and her friend , looking to muster bread and butter among Silicon Valley elite group who have n’t cast their lot , have launched a blitz of behind - the - setting lobbying safari . Accordingto The New York Times , Harris is planning a fundraising trip in the San Francisco Bay Area as soon as next calendar month .
This has proven to be a winning scheme so far . PerNBC , Harris is on track to raise over $ 100 million from technical school giver , let in Netflix co - founder Reed Hastings , across her campaign , PACs and so - called “ dark money ” chemical group .
