LinkedIn co-founder Reid Hoffman and television personality Mark Cuban are leading a group of more than 100 venture capitalists backing Vice President Harris, a strong show of support amid concerns that former President Trump is making inroads in Silicon Valley.
“We spend our days looking for, investing in and supporting entrepreneurs who are building the future,” says the “VCs for Kamala” website. “We are pro-business, pro-American dream, pro-entrepreneurship and pro-technological progress.”
“We also believe in democracy as the backbone of our nation,” he continues. “We believe that strong, reliable institutions are a feature, not a bug, and that our industry – and every other industry – would collapse without them.”
“That’s what’s at stake in this election,” the website says. “Everything else we can resolve through constructive dialogue with political leaders and institutions willing to talk to us. At this crucial moment, we are united in our support for Vice President Kamala Harris.”
In addition to Hoffman and Cuban, major venture capital investors including Ron Conway and Vinod Khosla also signed the pledge.
The show of support for Harris comes as Trump manages to alienate several former Democratic donors from Silicon Valley, such as technology consultant Jacob Helberg, venture capitalist Shaun Maguire and billionaire technology mogul Elon Musk.
As cryptocurrency investors also increasingly turn to Trump amid frosty relations with Democrats and the Biden administration, a growing group of conservative tech leaders has emerged in typically deep blue Silicon Valley.
This story originally appeared on thehill.com read the full story
