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Some of tech's biggest names donated millions of dollars ahead of the 2020 election, and most of it went to Democrats
Markets Insider ^ | 11.03.2020 | Avery Hartmans

Posted on 11/03/2020 10:07:02 AM PST by USA Conservative

Tech industry executives have donated millions during this election cycle, mostly to Democratic campaigns and PACs, CNBC found. Asana CEO Dustin Moskovitz donated $24 million and was a major contributor to the pro-Biden super PAC Future Forward USA. Other executives, like Netflix co-CEO Reed Hastings, donated more $5 million to Democratic PACs. Silicon Valley has historically leaned left, and both CNBC and Protocol found few donations to Republicans: Venture capitalist Peter Thiel donated $2 million to a Republican Senate candidate, while an Apple executive contributed $150,000 to the Trump Victory Fund. Visit Business Insider's homepage for more stories. Some of tech's biggest-name executives and other Silicon Valley power players donated millions of dollars to political campaigns ahead of the 2020 election. The 2020 election is the most expensive in history, the result of a contentious presidential race and tight Senate and House races. It's meant major spending from millionaire and billionaire donors, including those who hail from the tech industry. CNBC's Ari Levy calculated the total donations from tech leaders in the run-up to the 2020 election, citing data from the Center for Responsive Politics. The data showed that most spending went toward electing former Vice President Joe Biden and clinching Democratic control of the Senate. CNBC found that billionaire executives like Asana's Dustin Moskovitz, former Google Executive Chairman Eric Schmidt, and Twilio CEO Jeff Lawson and his wife, Erica, were among some of the biggest contributors to pro-Biden super PAC Future Forward USA. During this election cycle, Moskovitz, Schmidt, and the Lawsons have spent about $24 million, $6 million, and $7 million, respectively.

Other major donors include Netflix co-CEO Reed Hastings, who — along with his wife, Patty Quillin — donated more than $5 million, mostly to a Democratic PAC supporting close Senate races, according to CNBC.

(Excerpt) Read more at markets.businessinsider.com ...


TOPICS: Politics/Elections
KEYWORDS: deepstate; democrats; donaldtrump; elections2020
It doesn't matter Trump wins today!
1 posted on 11/03/2020 10:07:03 AM PST by USA Conservative
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To: USA Conservative

Anyone who still supports the Democrats has a criminal heart.


2 posted on 11/03/2020 10:08:18 AM PST by blueunicorn6 ("A crack shot and a good dancer”)
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To: USA Conservative

I would like to think all of that money spent helped the economy, but most of it will end up in the pockets of the MSM ownership, with some left over for DEM politicians.


3 posted on 11/03/2020 10:10:33 AM PST by CatOwner
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To: USA Conservative

Tech supports Communist Red China. Simple.


4 posted on 11/03/2020 10:20:45 AM PST by FlyingEagle
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To: USA Conservative

Yawn. Where is Captain Obvious?


5 posted on 11/03/2020 10:26:27 AM PST by Cobra64 (Common sense isnÂ’t common anymore.)
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To: USA Conservative

Of course they did. They want all those low-wage Asian workers (both here and in Asia) plus sucking up to the Chinese bureaucracy in order to obtain some access to Chknese markets.


6 posted on 11/03/2020 10:40:16 AM PST by RAldrich
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To: USA Conservative

In a word: CHINA!!!!


7 posted on 11/03/2020 11:58:07 AM PST by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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