Over 100 venture capitalists pledge to vote for Vice President Kamala Harris and raise campaign donations

More than 100 venture capital firm representatives, including LinkedIn founder Reid Hoffman and Vinod Khosla of Khosla Ventures, have pledged their support for Vice President Kamala Harris, who is set to run for president in 2024 .

#vcsforkamala #vcsfordemocracy pic.twitter.com/yqvPHi7Utc

— vcsforkamala (@vcsforkamala) July 31, 2024

Silicon Valley Venture Capitalists Pledge to Support Kamala Harris - The New York Times
https://www.nytimes.com/2024/07/31/technology/silicon-valley-investors-support-kamala-harris.html

Over 100 VCs pledge support for Kamala Harris | TechCrunch
https://techcrunch.com/2024/07/31/over-100-silicon-valley-vcs-pledge-to-vote-for-kamala-harris/

It all started with a post on X on July 23, 2024 by Leslie Feinzeig, founder and CEO of Graham & Walker Venture Fund, asking, 'I'm starting a venture capital fund for democracy. Anyone interested in joining?'

Gonna start “VCs for democracy”. Who’s in?

— Leslie Feinzaig (@LeslieFeinzaig) July 23, 2024

Within days of Feinzeig's call, Hoffman, Mark Cuban and others had voiced their support, and the group of more than 100 venture capitalists formed a group called 'VCs for Kamala' and is calling for votes and donations for Harris.

The faces behind the movement ??????? rHjDurh​​​​​​​

— vcsforkamala (@vcsforkamala) July 31, 2024

'We support business, the American Dream, entrepreneurship and technological advancement, and every day we seek out, invest in and support entrepreneurs who are shaping the future. We also believe democracy is the backbone of our nation,' VCs for Kamala said in a statement. 'At this pivotal moment, we are united in our support of Harris.'

Founder Feinzeig explained the reason for launching VCs for Kamala: 'Over the past few weeks, I've seen countless venture capitalists express their support for Donald Trump. While I've always respected many of them, there are much more fundamental issues at stake in this election.'

Over the past few weeks, like so many of you, I've watched countless venture capital power players announce their support of Donald Trump. Many of them are VCs I respect and admire. And I'm not so much surprised about seeing VCs express conservative viewpoints - some of which I…

— Leslie Feinzaig (@LeslieFeinzaig) July 31, 2024

On the other hand, VCs for Kamala insisted that 'we are simply calling for people to vote for strong and trustworthy institutions, and are not implying any affiliation with any particular political party.'

'I am proud to sign VCs for Kamala. Signing VCs for Kamala is an investment in the future of our democracy,' said Hoffman.

Proud to sign the #vcsforkamala pledge. It's an investment in our democratic future. https://t.co/FUBTI9ULBI https://t.co/FiXfvxeC9R

— Reid Hoffman (@reidhoffman) July 31, 2024