Venture Capitalists Endorse Kamala Harris for President
Venture Capitalists Endorse Kamala Harris for President

Venture Capitalists Endorse Kamala Harris for President

News summary

Over 100 venture capitalists have publicly endorsed Vice President Kamala Harris for the 2024 presidential election under the banner 'VCs for Kamala', marking a significant counter to the support that Donald Trump has received from some tech leaders, including Elon Musk and Marc Andreessen. Prominent figures in this coalition include LinkedIn co-founder Reid Hoffman, Vinod Khosla, and Mark Cuban, who emphasize their commitment to democracy, entrepreneurship, and technological progress. The group has also launched fundraising efforts for Harris's campaign, highlighting the importance of strong institutions in maintaining industry viability. This initiative follows a recent surge of conservative endorsements within Silicon Valley, which do not reflect the broader sentiments of tech workers, as noted by organizers. Another supportive group, 'Tech for Kamala', has also gathered over 550 signatures for a letter backing the vice president, further showcasing the political divide in the tech community. The VCs for Kamala initiative aims to unify those who believe in a pro-business and pro-democracy agenda against the backdrop of rising political polarization in the tech industry.

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