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Recursion

(56,582 posts)
Wed Jan 8, 2020, 03:17 AM Jan 2020

Inside the secretive Silicon Valley group that has funneled over $20 million to Democrats

https://www.vox.com/recode/2020/1/6/21046631/mind-the-gap-silicon-valley-democratic-donors-stanford

A secretive group led by Stanford University academics has unleashed millions of dollars in political spending from Silicon Valley and is now convincing some of its biggest donors to spend millions more to back Democrats in 2020.

Mind the Gap, a network formed less than two years ago, has been quietly routing millions of dollars to Democratic candidates and groups across the country in the 2018 and 2020 election cycles, emerging as a new power center in the Silicon Valley political scene. It’s just that so far, it has avoided public detection.

The group’s success is due in large part to how it speaks the language of Silicon Valley, donors and operatives say: In 2018, Mind the Gap pitched donors on a statistical model that tried to assess the precise impact of each additional dollar on the chance that Democrats would win the House of Representatives — as opposed to funding the easiest seats to flip. It’s an approach one donor called the “Moneyball of politics.”

That supposed secret sauce has ushered in more than $20 million in new political spending from tech leaders and others who are grappling with how to best use their wealth in the age of Donald Trump, according to Mind the Gap’s claims in materials seen by Recode. And the group has proven to be yet another way for Silicon Valley donors to spread their influence across the US at a time when many in the Democratic Party want to see Big Tech’s power abated rather than expanded.
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Inside the secretive Silicon Valley group that has funneled over $20 million to Democrats (Original Post) Recursion Jan 2020 OP
Great! mahina Jan 2020 #1
Disturbing but not unusual booley Jan 2020 #2
No time for unilateral disarmament. RandySF Jan 2020 #3
More rich people trying to influence national politics with play money pecosbob Jan 2020 #4
Careful. We're all equally "the rich" to Bangladeshis Recursion Jan 2020 #6
hell at this point Ill take it.... samnsara Jan 2020 #5

booley

(3,855 posts)
2. Disturbing but not unusual
Wed Jan 8, 2020, 03:44 AM
Jan 2020

The article lays out the problem

group has proven to be yet another way for Silicon Valley donors to spread their influence across the US at a time when many in the Democratic Party want to see Big Tech’s power abated rather than expanded.


No one gives that kind of money and expects nothing in return

pecosbob

(7,541 posts)
4. More rich people trying to influence national politics with play money
Wed Jan 8, 2020, 06:32 AM
Jan 2020

Only when they see the scaffolding being erected will they realize their mistakes. They'll likely never appreciate their guilt...it's not in their nature.

Recursion

(56,582 posts)
6. Careful. We're all equally "the rich" to Bangladeshis
Wed Jan 8, 2020, 08:18 AM
Jan 2020

Scaffold and guillotine time won't go very well for most of the US...

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