Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsInside 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-stanfordA 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. Its just that so far, it has avoided public detection.
The groups 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. Its 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 Gaps 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 Techs power abated rather than expanded.
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. Its just that so far, it has avoided public detection.
The groups 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. Its 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 Gaps 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 Techs power abated rather than expanded.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
6 replies, 823 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (13)
ReplyReply to this post
6 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Inside the secretive Silicon Valley group that has funneled over $20 million to Democrats (Original Post)
Recursion
Jan 2020
OP
mahina
(17,665 posts)1. Great!
Lol... why do we like him?
He ( or she) gets on base!
booley
(3,855 posts)2. Disturbing but not unusual
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 Techs power abated rather than expanded.
No one gives that kind of money and expects nothing in return
RandySF
(58,899 posts)3. No time for unilateral disarmament.
pecosbob
(7,541 posts)4. More rich people trying to influence national politics with play money
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
Scaffold and guillotine time won't go very well for most of the US...
samnsara
(17,622 posts)5. hell at this point Ill take it....