Venture Capitalists Take a Stand for Kamala Harris During Virtual Fundraiser

Thursday, 8 August 2024, 17:01

During a recent Zoom fundraiser for Kamala Harris, key venture capitalists, including Ron Conway, expressed their strong support for the presidential candidate. Conway emphasized the importance of Harris's candidacy, stating they 'don't need to do due diligence' to back her. The meeting also saw critical jabs aimed at A16Z over their past support for Trump, highlighting the divide within the tech investment community. This event underscores a growing trend among tech investors to champion candidates aligned with progressive values.
Business Insider
Venture Capitalists Take a Stand for Kamala Harris During Virtual Fundraiser

Venture Capitalists Support for Kamala Harris

In a recent virtual gathering, several prominent venture capitalists voiced their support for Kamala Harris as a presidential candidate. Ron Conway, a notable investor, remarked, 'We don't need to do due diligence on this candidate,' indicating his strong belief in her potential.

Criticism of A16Z

The event also allowed attendees to take jabs at A16Z for their support of former President Trump, reflecting a broader discomfort within parts of the tech industry regarding political endorsements. This divide points to a shift in investor priorities, where progressive values are becoming paramount.

Conclusion

  • Venture capitalists are increasingly backing candidates like Harris.
  • Criticism of traditional endorsements highlights a cultural shift.
  • The impact of these trends could reshape investment and political landscapes.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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