financetom
Business
financetom
/
Business
/
More than 100 venture capitalists throw weight behind US Democrat Harris
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
More than 100 venture capitalists throw weight behind US Democrat Harris
Jul 31, 2024 7:28 AM

WASHINGTON, July 31 (Reuters) - More than 100 venture

capitalists including enterpreneur Mark Cuban and LinkedIn

founder Reid Hoffman threw their support behind U.S. Democratic

presidential candidate Kamala Harris on Wednesday, in a

counterweight to tech billionaires backing Republican rival

Donald Trump.

"We spend our days looking for, investing in and supporting

entrepreneurs who are building the future. We are pro-business,

pro-American dream, pro-entrepreneurship, and pro-technological

progress," the group said in a public petition posted online.

"We also believe in democracy as the backbone of our nation.

We believe that strong, trustworthy institutions are a feature,

not a bug, and that our industry - and every other industry -

would collapse without them."

Investor Chris Sacca, Katie Stanton of Moxxie, Eva Ho of

Fika Ventures and Rebecca Kaden of Union Square Ventures, were

among those who signed the letter and pledged to vote for Harris

in the Nov. 5 election.

The letter comes after Trump drew support from other

wealthy, high-profile Silicon Valley venture capitalists and

investors.

Elon Musk, the billionaire CEO of Tesla, publicly endorsed

Trump for the first time after the July 13 assassination attempt

on the former U.S. president.

Entrepreneur and investor David Sacks, the former chief

operating officer of PayPal ( PYPL ) and a close friend of Musk, has also

hosted fundraisers for Trump.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Republic Power Closes $8.5 Million IPO
Republic Power Closes $8.5 Million IPO
Oct 15, 2025
02:35 PM EDT, 10/15/2025 (MT Newswires) -- Republic Power Group ( RPGL ) said Wednesday it closed its initial public offering of 2.12 million class A ordinary shares priced at $4 each, raising about $8.5 million in total, including $5 million for the company and $3.48 million for selling shareholders. The Singapore-based enterprise software and consulting firm's shares began trading...
JPMorgan, Goldman Sachs stay in China but businesses shift
JPMorgan, Goldman Sachs stay in China but businesses shift
Oct 15, 2025
NEW YORK (Reuters) -JPMorgan Chase ( JPM ) and Goldman Sachs ( GS ) are sticking with their businesses in China as escalating tensions with the U.S. loom over global markets, bank executives said on Wednesday. JPMorgan ( JPM ), the largest U.S. bank, is still investing in China even as its operations there evolve, said Vice Chairman Daniel Pinto....
Johnson & Johnson Q3 Beat Shows MedTech, Innovative Medicine Strength, RBC Says
Johnson & Johnson Q3 Beat Shows MedTech, Innovative Medicine Strength, RBC Says
Oct 15, 2025
02:35 PM EDT, 10/15/2025 (MT Newswires) -- Johnson & Johnson ( JNJ ) reported stronger-than-expected Q3 results amid growth in its medical technology and innovative medicine divisions, driving momentum to accelerate underlying revenue growth at the upper end of its 5% to 7% long-term growth plan, RBC Capital Markets said in a note emailed Wednesday. Adjusted operational sales rose 4.4%...
White House budget director plans to shut down US consumer finance watchdog within months
White House budget director plans to shut down US consumer finance watchdog within months
Oct 15, 2025
WASHINGTON (Reuters) -White House budget director Russell Vought said on Wednesday he wants to close the U.S. Consumer Financial Protection Bureau and expects to do so within the next two to three months. Vought said the agency is not protecting consumers. People say consumer financial protection - don't we want to protect consumers? Absolutely. This agency wasn't doing it -...
Copyright 2023-2026 - www.financetom.com All Rights Reserved