- More than 800 powerful task capitalists organized to promise support for Kamala Harris.
- Current and erstwhile CEOs separately worked together to motion a missive endorsing Harris.
- Here are nan biggest signatories and their history pinch nan historical predetermination cycle.
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Vice President Kamala Harris hasn't had immoderate problem raising money — in fact, she has raked successful $1 cardinal betwixt July and September. In conscionable nan period of September, her run and its friends raised $378 million, much than double nan Trump run and its affiliates' astir $160 cardinal haul.
Though immoderate of her money comes from grassroots donors, billionaires and backstage assemblage leaders person dumped eye-popping sums into her campaign. A Forbes analysis recovered that 82 billionaires person backed Harris, compared to 52 backing Trump.
Venture capitalists were among immoderate of nan earliest tech moguls to shape down Harris, moreover arsenic nan erstwhile decidedly wide Silicon Valley splinters this election. As figures like Elon Musk, Marc Andreessen, and David Sacks publically backed erstwhile President Donald Trump, a group of powerful task capitalists mixed forces to state their support for Harris done an effort dubbed "VCsForKamala."
As of nan extremity of October, 866 task capitalists pledged to ballot and solicit donations for Harris done nan group's website. As of precocious August, nan signatories represented a mixed $276 cardinal successful assets nether management, according to nan group's founders.
"We are pro-business, pro-American dream, pro-entrepreneurship, and pro-technological progress," sounds a connection connected nan VCsForKamala's website. "We besides judge successful populist arsenic nan backbone of our nation."
A Business Insider analysis of nan constricted publically disposable FEC information shows that VCs favored Democrats. Andreessen Horowitz, aliases a16z, donated $47 cardinal to various groups backing crypto-friendly candidates this predetermination cycle.
Harris, who was calved successful Oakland, has garnered support from dozens of leaders successful her backyard supportive of her pro-business policies. In September, the effort by business and tech leaders stretched from seashore to coast. A group of 88 salient Wall Street and tech executives jointly signed a missive endorsing Harris, penning that she is "the champion measurement to support continued strength, security, and reliability of our populist and economy." The leaders besides celebrated her support for mini businesses.
In October, backstage assemblage titans banned together to motorboat "Business Leaders for Harris," an effort to woo much conservative-leaning voters by emphasizing Harris' economical strengths.
Here are immoderate of nan biggest names connected nan VCsForKamala database and different starring firm leaders backing Harris.
Mark Cuban
The billionaire, Shark Tank star, and erstwhile main proprietor of nan Dallas Mavericks is 1 of nan astir well-known signatories of some VCsForKamala and nan firm letter. Valued astatine $5.4 cardinal according to Forbes, Cuban voted for Nikki Haley successful nan 2024 GOP primaries but later attended a Biden fundraiser, ABC News reported. He's go 1 of nan Harris campaigns astir progressive backstage assemblage surrogates and is portion of "Business Leaders for Harris."
He vowed to support Biden aft his disastrous statement capacity but said hewas willing successful whether different Democrats were amended positioned to hit Trump. He was 1 of nan quickest to respond erstwhile Biden dropped his reelection bid, penning connected X, "Father clip is undefeated."
Cuban has retweeted various posts astir Harris' campaign, including 1 saying that Democrats had "some well-needed momentum." He anticipates that she will beryllium much unfastened to business, artificial intelligence, and crypto, Politico reported.
Reid Hoffman
Reid Hoffman, a LinkedIn cofounder and longtime Democratic donor, wasted nary clip throwing his weight down Harris, offering his support for her run nan aforesaid time that Biden ended his. Of nan president, he said that dropping retired was "one of nan astir selfless acts we've seen from a leader successful modern American history."
In January, Hoffman poured $2 cardinal into a ace PAC that led a write-in run successful New Hampshire for Biden's campaign. The Information first reported that Hoffman pushed Reed Hastings, Netflix chairman, to donate $7 cardinal to a PAC supporting Harris.
He has openly sparred pinch business and tech leaders, namely David Sacks, who support Trump. He plans to host a fundraiser for Harris and has signed some nan VCsForKamala and missive of executives. He is besides progressive successful "Business Leaders for Harris" and hosts nan initiative's podcast.
Bill Gates
The New York Times reported that Bill Gates said he gave astir $50 cardinal to nan pro-Harris super-PAC nonprofit limb of Future Forward. Gates did not confirm aliases contradict nan donation, though nan Times reported that Gates discussed nan aid pinch figures including erstwhile New York City politician Michael Bloomberg.
Gates has chosen successful nan past not to make ample governmental donations, though he has spoken in support of Harris.
Michael Bloomberg
Former New York City politician Michael Bloomberg donated $50 cardinal to Future Forward USA Action, a nonprofit backing Harris, The New York Times reported. Those acquainted pinch Bloomberg's determination said nan aid occurred aft months of unit from starring Harris supporters, including Hoffman and Gates.
Bloomberg donated astir $95 cardinal to thief Democrats return power of Congress successful 2018. In total, he gave complete $250 cardinal successful nan 2018 and 2020 predetermination cycles. Bloomberg has had a history of donating precocious to campaigns.
James Murdoch
The erstwhile CEO of 21st Century Fox collapsed moreover farther distant from his father, media mogul Rupert Murdoch, and added his sanction to nan database of CEOs endorsing Harris. It was nan first clip he publically declared his support for nan vice president.
Murdoch is acold much politically mean than his dada and his older brother, Lachlan. He has donated hundreds of thousands to Democratic legislature candidates, according nan Federal Election Commission records. James Murdoch is presently locked successful a real-life succession conflict complete nan early complete his family's media empire, which includes Fox News and nan Wall Street Journal.
Reed Hastings
The Netflix co-founder is besides portion of "Business Leaders for Harris" — successful his video testimonial for nan group, Hastings said he's gotten to cognize Harris complete nan past decade and knows "she will beryllium a awesome president for business." Hastings says successful nan video that he anticipates her management will beryllium amended for nan business world than Biden's has been.
His support goes beyond rhetoric. The longtime Democratic philanthropist endorsed Harris connected X connected July 22 and nan adjacent time told The Information that he'd donated $7 cardinal to a ace PAC supporting her campaign. It is his largest azygous run publication to a azygous campaigner to date.
Vinod Khosla
The OpenAI investor and laminitis of Sun Microsystems was speedy to backmost Harris aft an initial post connected X successful support of Michigan Gov. Gretchen Whitmer aliases Pennsylvania Gov. Josh Shapiro. Khosla, who endorsed Hillary Clinton successful 2016, hosted a fundraiser for Biden successful May and has donated to various Democratic candidates and ace PACs. His sanction is among nan hundreds connected nan VCsForKamala list.
Khosla has said connected X he would not support a campaigner who denies nan outcomes of elections, is successful favour ambiance argumentation and regulations connected emissions, and supports growth-oriented economical policy.
He has been outspoken astir his views contrary to different starring tech executives.
Khosla engaged successful a heated speech pinch Elon Musk connected X nan time Biden ended his 2024 run successful which he said location was "no logic to judge depravity successful his individual values."
"Hard for maine to support personification pinch nary values, lies, cheats, rapes, demeans women, hates immigrants for illustration me," Khosla replied to Musk connected X.
Jamie Dimon
Jamie Dimon, CEO of JPMorgan Chase, supports Harris successful backstage but hasn't publically pledged his backing, The New York Times reported. Sources adjacent to Dimon said he has not shared his stance publically for fearfulness of retaliation by those who support Trump. Some sources told nan Times that Dimon whitethorn see a domiciled successful Harris' administration.
Trump falsely said that Dimon had backed his campaign, and Dimon has not endorsed a candidate. Dimon argued successful a Washington Post op-ed for supporting a president "who explains our problems, encourages input from each sides, and shares plans and solutions."
Ron Conway
The task capitalist who runs nan task patient SV Angel is simply a longtime Kamala Harris donor who has contributed to wide PACs and campaigns for section Democratic leaders. Conway is known for his philanthropic contributions to nan UCSF Medical Center and Children's Hospital and different organizations protecting firearm safety, authorities for trans youth, and migration reform. He's added his sanction to VCsForKamala and nan missive of executives.
"She is thoughtful and collaborative, capable to bring group together to lick difficult problems and execute captious goals," Conway wrote astir Harris connected X. "She is besides a combatant — for justice, fairness, and prosperity. She has proven each of that passim her profession and arsenic vice president, and she will beryllium it again arsenic nan antiauthoritarian nominee and arsenic nan 47th President of nan United States."
Sheryl Sandberg
Sheryl Sandberg, erstwhile COO astatine Meta, endorsed Harris successful July and has donated astatine slightest $1 cardinal toward groups supporting Harris, Forbes reported. Sandberg called Harris "an accomplished leader, a fierce advocator of abortion rights, and nan strongest campaigner to lead our state forward."
Sandberg, who founded nan nonprofit Lean In to support women successful nan workplace, said she supports Harris because of her defense of women's rights.
Earvin "Magic" Johnson
The NBA Hall of Famer and billionaire businessman joined nan firm executives endorsing Harris. He celebrated nan effort successful a station connected X, writing, "I'm proud to beryllium a portion of this elite group of leaders supporting VP Harris!!"
Johnson has posted astir Harris earlier — aft her interview pinch CNN, he said that she was "outstanding" and "clearly explained why she changed viewpoints connected a mates of issues which shows her humility, growth, and willingness to beryllium open." He has fixed money to Democrats successful nan past, including Obama.
Katie Stanton
A laminitis of and wide partner astatine task superior patient Moxxie Ventures, Stanton has graced Forbes' database of nan astir powerful women successful technology. She was formerly Twitter's vice president of world strategy and is simply a portion of nan VCsForKamala effort.
When Biden dropped out, she called him a "hero" connected X and listed galore candidates who could switch him, pinch Harris arsenic nan first sanction connected her list. She quickly expressed her support for Harris connected nan platform, reposting a video of her and saying that she is "fired up and fresh to vote."
Shortly aft Biden dropped out, Stanton told nan New York Times that astir of Silicon Valley does not support Trump, contempt Elon Musk and others' endorsements for nan erstwhile president.
"You person group pinch nan loudest voices claiming to speak for nan broader community, and nan views don't match," she said. "By nary intends do they statement up pinch nan thousands of founders and labor and investors who unrecorded and activity successful Silicon Valley."
Steve Wozniak
A co-founder of Apple, Stephen Wozniak, often referred to simply arsenic "The Woz," added his database to nan sanction of task capitalist signatories. Though he's been comparatively quiet online astir this year's election, Wozniak told Time successful 2016 that Trump is "a very rude person" and made him outcry aloud.
"The Republicans to maine conscionable don't lucifer my ain individual ethics," he said. "If I do vote, it'll astir apt beryllium for Bernie Sanders."
Wozniak is simply a awesome philanthropist to acquisition causes according to his website, pinch a peculiar attraction connected expanding machine capabilities successful schools.
Chris Sacca
The task investor down nan VC patient Lowercase Capital has agelong opposed Donald Trump and backed Hillary Clinton's run successful 2016. Sacca donated $150,000 to nan ACLU aft Trump signed an executive bid temporarily restricting nan admittance of citizens from 7 countries. Sacca besides worked for Barack Obama's 2008 and 2012 campaigns.
Despite saying that he "hates politics" connected his website, he noted that he and his partner Clay Dumas person "invested millions of dollars and countless hours helping build organizations and companies that we deliberation person nan champion changeable astatine giving bluish candidates an separator successful a crippled that is rigged against them." He advocated donating to Biden's run earlier he dropped retired and has signed onto VCsForKamala.
Barry Diller
Media mogul Barry Diller is among nan 88 firm leaders who endorsed Harris, continuing his shape of supporting Democrats. The president of IAC, Diller is worthy an estimated $4.5 cardinal and has donated to candidates for illustration Barack Obama, Hillary Clinton, and Cory Booker, according to OpenSecrets.
In July, Diller said that he and his wife, designer Diane von Furstenberg, were nary longer supporting nan Biden campaign. Diller had donated $6,600 to nan president's reelection run successful 2023, but was evidently turned disconnected by nan disastrous debate.
"Do not discount Kamala Harris," Diller told Deadline erstwhile she entered nan race. He said that business leaders could beryllium convinced to support her candidacy.
Aileen Lee
The Cowboy Ventures founder, VC angel investor, and VCsForKamala signatory coined nan word "unicorn" and cofounded nan nonprofit All Raise to advocator for women successful task capital.
Though Lee hasn't written overmuch publically astir her support for Harris, she responded to a blimpish activistic suing a VC patient supporting Black women owners past twelvemonth connected LinkedIn, writing, "With each opportunity we person - let's ballot successful folks who are going to create and support much opportunities for economical empowerment and achievement, not walk their power trying to crush opportunities for deserving, nether represented folks."
Deven Parekh
In summation to being nan managing head astatine Insight Partners, a world task superior and backstage equity firm, Parekh is simply a philanthropist and Democratic donor. He was included connected nan impermanent database for nan White House State Dinner successful June 2023, and he was a cardinal fundraising organizer for Democrats during nan 2018 midterms, nan New York Times reported.
Though Parekh has been comparatively quiet online successful caller weeks, he did retweet an announcement that Salman Rushdie, an author, had endorsed Harris. He pledged to support Harris done VCsForKamala and nan missive of CEOs.
Ben Horowitz
Ben Horowitz, VC powerhouse and A16z cofounder, antecedently said he supports Trump's campaign. But successful an email to unit successful early October, Horowitz said he now plans to donate to Harris.
Horowitz had fixed money to Trump less than 3 months earlier sending nan unexpected email. He wrote, however, that he and his wife, Felicia, person known Harris for much than a decade and see her a friend.
"As a consequence of our friendship, Felicia and I will beryllium making a important aid to entities to entities who support nan Harris Walz campaign," nan email said. The tech mogul said he remains unclear connected her precise tech policies and did not explicitly endorse her.
Hamilton "Tony" James
Hamilton "Tony" James is nan erstwhile president, COO, and executive vice president of Blackstone, nan New York-based plus guidance firm. With a web of $4.5 billion, he signed nan missive of firm executives endorsing Harris.
In May, James hosted a fundraiser for Biden and nan Democratic National Committee astatine his New York apartment, Bloomberg reported. At a abstracted fundraiser, James said that "Donald Trump is destroying nan cloth of America."
Jesse Draper
A 4th procreation task capitalist, Draper is simply a founding partner of a Los Angeles-based firm, Halogen Ventures, according to her website. She has besides received an Emmy information for her tv series, The Valley Girl Show. Draper is simply a gender equality advocator and focuses connected empowering women successful nan workforce, making her support for VCsForKamala successful statement pinch her brand.
Draper reposted Harris' connection announcing that she was nan presumptive Democrat nominee, arsenic we good arsenic station from VCsForKamala.
Mark Suster
Suster, a VCsForKamala signatory, is simply a well-known look successful nan Los Angeles task superior scene, wherever he is simply a partner astatine nan patient Upfront Ventures. He thanked Biden for dropping retired successful a station connected X and has reshared various statements from Harris. In particular, he has posted astir her stance connected Israel and her condemnation of Hamas.
In his domiciled astatine Upfront, Suster oversees much than $3 cardinal successful assets and has enmeshed himself successful nan LA tech world.
Leslie Feinzaig
VCsForKamala whitethorn not person launched without Feinzaig, 1 of nan superior organizers. She said that she formed nan group partially successful consequence to a cascade of tweets from Silicon Valley leaders supporting Trump and characterized it arsenic a grass-roots effort.
Feinzaig is nan managing head of nan patient Graham & Walker and nan cofounder of Female Founders Alliance, according to her LinkedIn. She celebrated nan VCsForKamala motorboat connected Twitter and posted updates passim Wednesday, noting that by nan precocious afternoon, 400 group had signed their names.
When Biden dropped out, Fainzaig retweeted his letter breaking nan news pinch nan caption, "It's done." She announced her support for Harris successful a tweet nan pursuing day, and nan time aft posted a screenshot proving that she purchased a now-widespread domain name: vsforkamala.
Chris Larsen
The billionaire crypto executive and Ripple co-founder signed onto nan missive endorsing Harris, publically signaling his support for nan vice president for nan first time.
"Proud to support nan Harris run — she's nan correct leader for our fast-changing world," Larsen told Business Insider successful a statement. "And I'm assured that she will reset nan misguided Biden policies that were excessively anti-business and anti-innovation. At nan aforesaid time, I'm assured she will support Biden's beardown activity connected our power transition."
Larsen told Business Insider that he appreciated Harris' reside astatine nan Democratic National Convention and hopes that she'll name individuals who found clear crypto guidelines. He besides said that he precocious donated $1 cardinal successful crypto Future Forward, a PAC supporting Harris.
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