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4 mentions found


☆ Trump's tech backers are 'making a big mistake,' Sequoia's Mike Moritz says
  + stars: | 2024-08-05 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com   time to read: +3 min
As leading tech investors continue to vocally take sides ahead of the 2024 presidential election, legendary venture capitalist Michael Moritz is making his preference clear. In a Financial Times opinion piece published Monday, Moritz wrote that those in the industry who are supporting Donald Trump "are making a big mistake." Moritz was referring to Trump's conviction, earlier this year, on 34 felony counts in New York State court. Other Trump backers include venture capitalists David Sacks and Joe Lonsdale as well as Doug Leone, Moritz's longtime partner at Sequoia. Moritz wrote in his op-ed that Trump's tech financiers and supporters were "making the same mistake as all powerful people who back authoritarians."
Persons: Michael Moritz, Moritz, Donald Trump, Moritz —, LinkedIn —, Trump, Andreessen Horowitz, Marc Andreessen, Ben Horowitz, Elon Musk, David Sacks, Joe Lonsdale, Doug Leone, Moritz's, He's, Reid Hoffman, Kamala Harris, Joe Biden, VCs, Harris, Kamala, Arnold Schwarzenegger, Mitt Romney, John Kasich's, OpenSecrets Organizations: Sequoia Capital, Google, PayPal, LinkedIn, Trump, Tesla, Sequoia ., Democratic, Trump Lincoln Project, Republican, Tech Locations: Sequoia, New York, Silicon Valley, California, Ohio
☆ Hurricane Idalia forces Biden and Ron DeSantis to get along — at least a little bit
  + stars: | 2023-09-02 | by ( Henry J. Gomez | ) www.cnbc.com   time to read: +9 min
Chris Christie in the eye of a political hurricane. It's a striking difference from a year ago, in the aftermath of Hurricane Ian, when DeSantis joined Biden on his tour of the state. But DeSantis' hurricane leadership has reflected positively on him in the past. The DeSantis campaign, grounded in Tallahassee this week, signaled that it sees such opportunities. Christina Pushaw, DeSantis' combative rapid response director, shared on social media Friday a Wall Street Journal editorial headlined "Hurricane Ron DeSantis."
Persons: It's, Superstorm Sandy, Chris Christie, Obama, Vivek Ramaswamy, Christie, Ramaswamy, Barack Obama, Hurricane Idalia, Ron DeSantis, DeSantis, Joe Biden, Hurricane Ian, Biden, Weeks, Idalia, Biden's, Ian, Jeremy Redfern, Bill Palatucci, there's, Beth Hansen, John Kasich's, Donald Trump, Trump, Hansen, " Hansen, James Uthmeier, Christina Pushaw, Ben Shapiro, Andrew Romeo, Saturday's, Palatucci Organizations: Republican, Democratic, White, pats, Hurricane, Gov, DeSantis, NBC, FEMA, GOP, Biden, Democrat, Ohio Gov, Daily, Wednesday Locations: New Jersey, Florida, Hurricane, Jacksonville, Iowa, Tallahassee
☆ Drive Capital's Mark Kvamme is raising a fund that's like a sovereign wealth fund for Ohio, one month after stepping down from the $2.2 billion venture-capital firm he cofounded
  + stars: | 2022-11-16 | by ( Melia Russell | ) www.businessinsider.com   time to read: +4 min
In October, Mark Kvamme said he was stepping down at Drive Capital, the venture firm he founded. The so-called Ohio Fund will raise money mostly from Ohio institutional investors, sources said. The new fund — whose working title is "Ohio Fund" — has drawn comparisons to a sovereign wealth fund, because Kvamme plans to raise capital from mostly Ohio institutions. Unlike the venture firm he founded, the Ohio Fund will invest in multiple asset classes, including other funds, public stocks, private companies in Ohio, and infrastructure, sources said. He stayed one year before striking out on his own with ambitions to start a venture firm.
☆ How Donald Trump could win the White House again in 2024
  + stars: | 2022-11-04 | by ( Kimberly Leonard | ) www.businessinsider.com   time to read: +10 min
"He has surprised everyone before," said Alex Conant, who managed communications for Sen. Marco Rubio's 2016 presidential campaign. Jeb Bush's 2016 presidential campaign and is a Trump critic. John Kasich's presidential campaign, is clear: He predicts neither Trump, President Joe Biden, nor Vice President Kamala Harris will be their respective parties' nominees in 2024. Asked whether Trump could win if he stopped talking about 2020, she replied, "Can Trump turn into a unicorn?" Glenn Youngkin's 2021 campaign in Virginia as well as Sen. Ted Cruz's 2016 presidential campaign.
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