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technews-posts · 5 years ago
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Here's what we know about the 100 people who've died in the US from coronavirus
Dozens of people from their 50s to their 90s have died in the United States after contracting the novel coronavirus and the death toll continues rising.
At least
112 people have died
since the first US case of the coronavirus was reported in January and the virus has spread to all states, the District of Columbia and some territories.While the majority were treated at hospitals, a woman in Washington died at home.
A couple in Indiana infected with the virus could not be together when one of them died. As they were hospitalized, they used iPads to see each other and a nurse stayed with one of them before dying, according to Dr. Ram Yeleti, chief physician executive with Community Health Network.It's unclear whether any deaths include foreign-born individuals, and authorities have not disclosed all of their ages.Here's what we have learned about those who have died because of the coronavirus, according to a CNN tally of data from state heath officials.Most of them were 60 years and olderHealth officials have said that
older adults were twice as likely
to have serious illness from the novel coronavirus and the fatal cases in the US appear to reflect that.The majority of people who have died were in their 60s, 70s, 80s and 90s. The youngest were in their early or mid-50s.Many lived in nursing homes or other facilitiesThe deadliest cluster so far has been linked to a nursing home in Kirkland, Washington. More than 20 people who lived there and someone who visited the facility have died.People who lived in other long-term care facilities in Washington, Florida and Kansas contracted the virus and died.Many had other health problemsDiabetes, emphysema and heart problems were among the pre-existing conditions that some people suffered before they were diagnosed with coronavirus.Only a few traveled abroadAuthorities are still trying to determine how many contracted the virus but have said some of those who died recently traveled overseas.In California, one person went to Thailand and another one was on a cruise to Mexico. Two people in Florida had traveled outside the country.Death toll state by stateCALIFORNIA: 14- A patient in Placer County who had underlying health conditions was the first coronavirus-related death in the state.The person, described as elderly, was likely exposed while traveling February 11-21 on a Princess cruise ship that was going from San Francisco to Mexico, according to Placer County Public Health. The patient had been in isolation at Kaiser Permanente Roseville Medical Center.- An "older adult" woman who was hospitalized for a respiratory illness died March 9 in Santa Clara County.- A woman in her 60s died in Santa Clara County. The woman was hospitalized for several weeks and is believed to have contracted the virus through community transmission, the county's health department said.- A resident of Sacramento County who had underlying health conditions and was in an assisted living facility, the county public health department said. A county official told CNN the resident was in their 90s.- A woman in her 60s who was visiting friends died in Los Angeles County. She had a history of extensive travel, including a long layover in South Korea, according to Barbara Ferrer, director of public health for Los Angeles County.- A person was reported dead in San Mateo County on March 15.- A Sacramento County resident who was older than 70 and suffered from underlying health conditions.- A person in Santa Clara County.- A person in Santa Clara County.- A person in Riverside County.- A person in Riverside County.- A person in Riverside County.- A man in his 60s died in San Benito County on March 16. He had traveled to Thailand and had an underlying health condition.- A man in his 50s who was hospitalized died on March 17.COLORADO: 2- A woman in her 80s who lived in El Paso County.FLORIDA: 6- A patient died in Santa Rosa County following an international trip.- A person in their 70s who tested presumptive positive in Lee County following an international trip.- Three people who lived at assisted living facilities died in Fort Lauderdale. The deaths happened at separate facilities and each of them had different levels of symptoms.- A 77-year-old man linked to an assisted living facility in Broward County died. He had "significant" underlying medical problems, health officials said.GEORGIA: 1- A 67-year-old man who was hospitalized at WellStar Kennestone Hospital in Marietta since he tested positive for coronavirus on March 7.ILLINOIS: 1- A woman in her 60s with an underlying condition who lived in Chicago. She had contact with an infected person.INDIANA: 2- A person over the age of 60 died. The patient's significant other was also infected and they could only see each other through a video call.- A person in their 60s died in Marion County.KANSAS: 1- A man in his 70s who lived in a long-term care facility in Wyandotte County died.KENTUCKY: 1- A 66-year-old man in Bourbon County died.LOUISIANA: 4- A 58-year-old who lived in Orleans Parish died. The patient, who had an underlying medical condition, was hospitalized at Touro Infirmary Hospital and Medical Center.- A 53-year-old who lived in Orleans Parish died. The patient was hospitalized at Touro Infirmary Hospital and Medical Center.- A woman in her 80s who lived at Lambeth House nursing home died.- A person who lived in Orleans Parish died.NEVADA: 1- A man in his 60s who lived in Clark County died. He had been hospitalized and suffered an underlying medical condition.NEW JERSEY: 3- A 69-year-old man from Bergen County who was treated at Hackensack University Medical Center died March 10. He had a history of diabetes, hypertension, atrial fibrillation, gastrointestinal bleeding and emphysema, said Judith Persichilli, the state's health commissioner.The man, who traveled regularly to New York City, had a heart attack a day before he died and was revived. He died after having a second heart attack.- A woman in her 50s died after being hospitalized at Centra State Medical Center.- A man in his 90s died after being hospitalized at Hackensack University Medical Center.NEW YORK: 15- An 82-year-old woman with emphysema died in a New York City hospital.- A 79-year-old woman had been suffering from heart failure and lung disease before contracting the virus. She died in a New York City hospital.- A 78-year-old man with multiple pre-existing conditions died in a New York City hospital.- A 56-year-old man with diabetes died in a New York City hospital.- A 53-year-old woman with diabetes and heart disease died in a New York City hospital.- A patient died in a New York City hospital.- A patient died in a New York City hospital.- A 64-year-old person died in Rockland County on March 12. The patient had other "significant" health problems.- A man in his 80s who had been in isolation at St. Catherine's Hospital in Suffolk County died.- A man in his 90s who had been isolation at Huntington Hospital died.OREGON: 2SOUTH CAROLINA: 1SOUTH DAKOTA: 1- A man in his 60s with underlying medical conditions died, according to Kim Malsam-Rysdon, South Dakota's secretary of health.TEXAS: 1- A man in his 90s who lived in Matagorda County died.VIRGINIA: 2- A man in his 70s died from respiratory failure.- A man in his 70s died in the state's Peninsula region.WASHINGTON: 54- A man in his 50s who was hospitalized at the EvergreenHealth Medical Center in Kirkland.- A man in his 70s died February 29. He was hospitalized at EvergreenHealth and had underlying health conditions.- A woman in her 80s died March 1. She had been in critical condition at EvergreenHealth.- A woman in her 90s died March 3. She had been hospitalized at EvergreenHealth.- A man in his 60s who visited Life Care Center died March 5.- A person died in Snohomish County, said Heather Thomas, a spokeswoman with the Snohomish Health District.- A person in Grant County.- A woman in her 80s who lived at the Issaquah Nursing and Rehabilitation Center in Issaquah died March 8. She had been hospitalized at Swedish Hospital in Issaquah.- A man in his 80s who lived at Ida Culver House, a retirement community in Seattle, died March 9. He was hospitalized at the University of Washington Medical Center.- A man in his 80s who was "connected" to Josephine Caring Community, an assisted living facility in Snohomish County.- A woman in her 90s who lived at the Redmond Care and Rehabilitation Center nursing home died March 10 after being hospitalized at EvergreenHealth.- A person in Snohomish County.- A man in his 80s died March 11. He was hospitalized at EvergreenHealth.- A man in his 70s died March 9. He was hospitalized at Overlake Medical Center in Bellevue.- A man in his 80s died March 11 at Swedish Hospital in Issaquah.- A person died in Snohomish County.- A person died in King County.- A person died in King County.- A person died in King County.- A man in his 80s died March 15.- A woman in her 70s died March 15.- A man in his 80s died March 11.- A woman in her 50s died March 8 at Harborview Medical Center.- A woman in her 70s died March 14 at Northwest Hospital.- A woman in her 90s died March 12. She lived at Redmond Care and Rehabilitation Center nursing home.- Two people died in Clark County March 16, health officials from the county's health department said.Life Care Center nursing home residents:- A woman in her 70s died March 2. She was hospitalized at EvergreenHealth Medical Center.- A man in his 70s died March 1 at EvergreenHealth and had underlying health conditions.- A woman in her 70s died March 1 at EvergreenHealth. She had underlying health conditions.- A woman in her 80s who was never hospitalized died at her family home February 26.- A man in his 50s died February 26 after being hospitalized at Harborview Medical Center.- A woman in her 90s died March 3 after being hospitalized at EvergreenHealth.- A man in his 70s died March 2 after being hospitalized at EvergreenHealth.- A woman in her 80s died March 5. She was hospitalized at Harborview Medical Center.- A woman in her 70s died March 5. She was hospitalized at EvergreenHealth.- A woman in her 80s died March 6. She was hospitalized at EvergreenHealth.- A woman in her 80s died March 6. She was hospitalized at EvergreenHealth.- A man in his 90s died March 5. He was hospitalized at Harborview Medical Center.- A woman in her 80s died March 4. She was hospitalized at EvergreenHealth.- A woman in her 90s died March 8. She was hospitalized at Harborview Medical Center.- A woman in her 70s died March 8. She was hospitalized at EvergreenHealth.- A woman in her 90s died March 3.- A man in his 90s died March 5. He was hospitalized at EvergreenHealth.- A woman in her 60s died March 9. She was hospitalized at EvergreenHealth.- A woman in her 90s died March 6.- A woman in her 90s died March 6.- A woman in her 80s died March 4.
- A woman in her 60s died March 14. She was hospitalized at Franciscan Medical.- A woman in her 70s died March 12.
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monsieur-m83-blog · 7 years ago
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😪avant dernier couché de soleil avant notre retour en France oh Californie tu vas me manquer Before last sunset before returning to France oh California I'll miss you #california #usa #sunset #americansunset #iphone6s #wanttostay #roadtripcalifornia #travelfamily #goodmoments #statecalifornia #californiastate #countrycalifornia #lovecaliforniaweather #januaryincalifornia #februarycalifornia
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captain-metronews24 · 4 years ago
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California Republican Party Admits It Placed Misleading Ballot Boxes Around State
California Republican Party Admits It Placed Misleading Ballot Boxes Around StateCalifornia Republican Party Admits It Placed Misleading Ballot Boxes Around State
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NYT U.S. https://ift.tt/3iT7p0z See More bd news live See More visit live bangla news
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duckytwome · 7 years ago
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Nobody is perfect but if you live in California
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bigbirdgladiator · 5 years ago
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(Bloomberg) -- The technology industry is looking for something different in a president in 2020. And it appears Pete Buttigieg is their candidate.While Joe Biden and Senator Elizabeth Warren are topping national polls in the contest for the Democratic Party’s nomination, California’s deep-pocketed Silicon Valley is donating to the 37-year-old mayor of South Bend, Indiana over the former vice president by a 5-to-1 margin.“Pete is a clean slate for the party in ways Biden can’t be,” said Cyrus Radfar, a 35-year-old technology entrepreneur and Democratic donor. “There’s new life and new energy that Pete brings, especially as the base of the Democratic Party is getting younger. I think he’s going to be on the national stage for a long time.”Buttigieg has staged a fundraising blitz in posh Northern California communities, holding events hosted by technology executives such as Netflix Inc. Chief Executive Officer Reed Hastings, Nest Labs home-automation company co-founder Matt Rogers, and Chelsea Kohler, director of product communications at Uber Technologies Inc., among others.Were he to win, Buttigieg would not only be the youngest president, but also the first openly gay one. While he is successfully raising money, Buttigieg has struggled until recently to enter the top tier of candidates nationally.But there are signs that he could be a moderate voter’s alternative to Biden. While raising money in California, Buttigieg is campaigning heavily in Iowa, and it appears both efforts are paying off. A USA Today/Suffolk University poll of likely Iowa caucus goers put Buttigieg just behind Biden and Warren for the first time. Biden had 18% support, Warren 17% and Buttigieg 13%.Millennial voters in the tech industry say they appreciate that Buttigieg’s liberal policies seem grounded in reality and recognize “a cutthroat world,” as Elizabeth Moran, 28, put it at a debate watch party in Silicon Valley’s Sunnyvale. Moran, who works at Poshmark, a social commerce platform, said she likes Buttigieg’s grasp of economics.“Well-educated recognizes well-educated,” Moran said, adding that Buttigieg could have come to Silicon Valley after graduating from Harvard as many Ivy League graduates do.In other words, in their eyes, Buttigieg is like them.“There’s a big move on the Democratic side to more heavily regulate tech, and that hasn’t been part of Buttigieg’s message,” said Raphael Sonenshein, executive director of the Pat Brown Institute for Public Affairs at California State University, Los Angeles. “His message is consistent with innovation and forward-looking technology. He has not given the impression that he would threaten their interests.”While he hasn’t said much about competition and antitrust, Buttigieg has focused on improving regulations as opposed to breaking up big tech.“We’re going to need to empower the FTC to be able to intervene, including blocking or reversing mergers, in cases where there’s anti-competitive behavior by tech companies,” he said in a CNN town hall in April, referring to the Federal Trade Commission.Buttigieg was his high school’s valedictorian and went on to Harvard, where he befriended two roommates of future Facebook Inc. CEO Mark Zuckerberg, and was one of the first 300 users on the social media platform. He was a Rhodes Scholar at Oxford, joined McKinsey & Co. as a consultant, and volunteered for Barack Obama’s tech-savvy 2008 presidential campaign before joining the U.S. Navy Reserve and serving in Afghanistan.His relationship with Zuckerberg persisted. Zuckerberg, 35, visited South Bend in 2017 while doing research for his philanthropic organization, the Chan Zuckerberg Initiative, and got a personal tour from Buttigieg. That relationship lasted into this year, when Zuckerberg and his wife, Priscilla Chan, recommended two people that Buttigieg ultimately hired for his campaign. Ben LaBolt, a spokesman for Zuckerberg and Chan, said the couple hasn’t yet decided whom to support for president.The Golden StateCalifornia voters have an unusually large influence in choosing the party’s nominee this cycle. The state primary next year is in March instead of its previous June slot and its donors contributed 1 of every 5 dollars raised by the party’s presidential candidates in the first six months of this year, data from the Center for Responsive Politics show.Buttigieg is second only to home-state senator Kamala Harris in the percentage of his campaign money that comes from California. Harris got 45% of her donations from Californians, Buttigieg got 22%.Harris, who was the state’s attorney general, raised $1 million from California lawyers, more than twice as much as any other candidate. She was also the top recipient of donations from employees of the entertainment industry. But California employees of tech companies, including giants like Facebook, Amazon.com Inc. and Microsoft Corp., backed Buttigieg more than any other candidate.Silicon Valley bundlers -- fundraisers who gather money from numerous employees of a firm -- have raised concerns about both Warren and Senator Bernie Sanders, who are relying primarily on small-dollar contributions from online donors.Warren is particularly thorny for the tech industry. She has vowed that she will not meet with big donors who want to “buy access” -- and perhaps more troubling for them, has promised to break up big technology companies. Some technology workers are contributing to Warren and Sanders, but few are writing the $2,800 checks that Buttigieg and Biden are relying on, likely because they’ve been quieter on the question of how to handle big tech.Buttigieg is positioning himself as a younger alternative to 76-year-old Biden. Like Biden, he has not embraced the progressive wing’s Medicare for All, instead proposing government-run health care “to those who want it,” without eliminating private insurance.In other areas, he hasn’t taken many unique stances, but his Midwestern and military background seeps into some plans. An issue page on his campaign website is simply called “Unleash rural opportunity,” and he has proposed eliminating some student debt in exchange for national service.Paul Holland, a California venture capitalist and fundraiser for Hillary Clinton’s 2016 campaign, said he believes a moderate has the best chance of winning. In his circles, Biden hasn’t attracted the same kind of enthusiastic support that other candidates have.“It’s Mayor Pete and Cory Booker who are getting most of the attention,” he said.Buttigieg himself drew the contrast between his candidacy and Biden’s during a Marin County event.“Every time we’ve won in our party it’s been with a candidate with new ideas, who hasn’t been on the scene for too long,” Buttigieg said. “That’s what works. Also, Americans are most likely to support the opposite of what’s in the Oval Office.”Among Buttigieg’s donors are Ron Conway, an investor who has guided San Francisco mayors to back tech-friendly policies; Scott Belsky, the chief product officer and executive vice president at Adobe Inc.; Tony Xu, CEO of Doordash Inc.; David Marcus, the head of Facebook’s Libra cryptocurrency project and Wendy Schmidt, wife of former Google CEO Eric Schmidt.Buttigieg’s fundraising has been prodigious, but he’s still behind in national polls. He stands at just 5% in the RealClearPolitics national average, compared with 26% for Biden. And that raises pragmatic questions about who can win the Democratic nomination.“Even with his flaws, Biden is the guy who’s probably going to satisfy the moderates,” Holland said.To contact the reporters on this story: Bill Allison in Washington DC at [email protected];Jeffrey Taylor in San Francisco at [email protected];Sophie Alexander in San Francisco at [email protected] contact the editors responsible for this story: Wendy Benjaminson at [email protected], Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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supertrendingnewsarticles · 5 years ago
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(Bloomberg) -- The technology industry is looking for something different in a president in 2020. And it appears Pete Buttigieg is their candidate.While Joe Biden and Senator Elizabeth Warren are topping national polls in the contest for the Democratic Party’s nomination, California’s deep-pocketed Silicon Valley is donating to the 37-year-old mayor of South Bend, Indiana over the former vice president by a 5-to-1 margin.“Pete is a clean slate for the party in ways Biden can’t be,” said Cyrus Radfar, a 35-year-old technology entrepreneur and Democratic donor. “There’s new life and new energy that Pete brings, especially as the base of the Democratic Party is getting younger. I think he’s going to be on the national stage for a long time.”Buttigieg has staged a fundraising blitz in posh Northern California communities, holding events hosted by technology executives such as Netflix Inc. Chief Executive Officer Reed Hastings, Nest Labs home-automation company co-founder Matt Rogers, and Chelsea Kohler, director of product communications at Uber Technologies Inc., among others.Were he to win, Buttigieg would not only be the youngest president, but also the first openly gay one. While he is successfully raising money, Buttigieg has struggled until recently to enter the top tier of candidates nationally.But there are signs that he could be a moderate voter’s alternative to Biden. While raising money in California, Buttigieg is campaigning heavily in Iowa, and it appears both efforts are paying off. A USA Today/Suffolk University poll of likely Iowa caucus goers put Buttigieg just behind Biden and Warren for the first time. Biden had 18% support, Warren 17% and Buttigieg 13%.Millennial voters in the tech industry say they appreciate that Buttigieg’s liberal policies seem grounded in reality and recognize “a cutthroat world,” as Elizabeth Moran, 28, put it at a debate watch party in Silicon Valley’s Sunnyvale. Moran, who works at Poshmark, a social commerce platform, said she likes Buttigieg’s grasp of economics.“Well-educated recognizes well-educated,” Moran said, adding that Buttigieg could have come to Silicon Valley after graduating from Harvard as many Ivy League graduates do.In other words, in their eyes, Buttigieg is like them.“There’s a big move on the Democratic side to more heavily regulate tech, and that hasn’t been part of Buttigieg’s message,” said Raphael Sonenshein, executive director of the Pat Brown Institute for Public Affairs at California State University, Los Angeles. “His message is consistent with innovation and forward-looking technology. He has not given the impression that he would threaten their interests.”While he hasn’t said much about competition and antitrust, Buttigieg has focused on improving regulations as opposed to breaking up big tech.“We’re going to need to empower the FTC to be able to intervene, including blocking or reversing mergers, in cases where there’s anti-competitive behavior by tech companies,” he said in a CNN town hall in April, referring to the Federal Trade Commission.Buttigieg was his high school’s valedictorian and went on to Harvard, where he befriended two roommates of future Facebook Inc. CEO Mark Zuckerberg, and was one of the first 300 users on the social media platform. He was a Rhodes Scholar at Oxford, joined McKinsey & Co. as a consultant, and volunteered for Barack Obama’s tech-savvy 2008 presidential campaign before joining the U.S. Navy Reserve and serving in Afghanistan.His relationship with Zuckerberg persisted. Zuckerberg, 35, visited South Bend in 2017 while doing research for his philanthropic organization, the Chan Zuckerberg Initiative, and got a personal tour from Buttigieg. That relationship lasted into this year, when Zuckerberg and his wife, Priscilla Chan, recommended two people that Buttigieg ultimately hired for his campaign. Ben LaBolt, a spokesman for Zuckerberg and Chan, said the couple hasn’t yet decided whom to support for president.The Golden StateCalifornia voters have an unusually large influence in choosing the party’s nominee this cycle. The state primary next year is in March instead of its previous June slot and its donors contributed 1 of every 5 dollars raised by the party’s presidential candidates in the first six months of this year, data from the Center for Responsive Politics show.Buttigieg is second only to home-state senator Kamala Harris in the percentage of his campaign money that comes from California. Harris got 45% of her donations from Californians, Buttigieg got 22%.Harris, who was the state’s attorney general, raised $1 million from California lawyers, more than twice as much as any other candidate. She was also the top recipient of donations from employees of the entertainment industry. But California employees of tech companies, including giants like Facebook, Amazon.com Inc. and Microsoft Corp., backed Buttigieg more than any other candidate.Silicon Valley bundlers -- fundraisers who gather money from numerous employees of a firm -- have raised concerns about both Warren and Senator Bernie Sanders, who are relying primarily on small-dollar contributions from online donors.Warren is particularly thorny for the tech industry. She has vowed that she will not meet with big donors who want to “buy access” -- and perhaps more troubling for them, has promised to break up big technology companies. Some technology workers are contributing to Warren and Sanders, but few are writing the $2,800 checks that Buttigieg and Biden are relying on, likely because they’ve been quieter on the question of how to handle big tech.Buttigieg is positioning himself as a younger alternative to 76-year-old Biden. Like Biden, he has not embraced the progressive wing’s Medicare for All, instead proposing government-run health care “to those who want it,” without eliminating private insurance.In other areas, he hasn’t taken many unique stances, but his Midwestern and military background seeps into some plans. An issue page on his campaign website is simply called “Unleash rural opportunity,” and he has proposed eliminating some student debt in exchange for national service.Paul Holland, a California venture capitalist and fundraiser for Hillary Clinton’s 2016 campaign, said he believes a moderate has the best chance of winning. In his circles, Biden hasn’t attracted the same kind of enthusiastic support that other candidates have.“It’s Mayor Pete and Cory Booker who are getting most of the attention,” he said.Buttigieg himself drew the contrast between his candidacy and Biden’s during a Marin County event.“Every time we’ve won in our party it’s been with a candidate with new ideas, who hasn’t been on the scene for too long,” Buttigieg said. “That’s what works. Also, Americans are most likely to support the opposite of what’s in the Oval Office.”Among Buttigieg’s donors are Ron Conway, an investor who has guided San Francisco mayors to back tech-friendly policies; Scott Belsky, the chief product officer and executive vice president at Adobe Inc.; Tony Xu, CEO of Doordash Inc.; David Marcus, the head of Facebook’s Libra cryptocurrency project and Wendy Schmidt, wife of former Google CEO Eric Schmidt.Buttigieg’s fundraising has been prodigious, but he’s still behind in national polls. He stands at just 5% in the RealClearPolitics national average, compared with 26% for Biden. And that raises pragmatic questions about who can win the Democratic nomination.“Even with his flaws, Biden is the guy who’s probably going to satisfy the moderates,” Holland said.To contact the reporters on this story: Bill Allison in Washington DC at [email protected];Jeffrey Taylor in San Francisco at [email protected];Sophie Alexander in San Francisco at [email protected] contact the editors responsible for this story: Wendy Benjaminson at [email protected], Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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teeky185 · 5 years ago
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(Bloomberg) -- The technology industry is looking for something different in a president in 2020. And it appears Pete Buttigieg is their candidate.While Joe Biden and Senator Elizabeth Warren are topping national polls in the contest for the Democratic Party’s nomination, California’s deep-pocketed Silicon Valley is donating to the 37-year-old mayor of South Bend, Indiana over the former vice president by a 5-to-1 margin.“Pete is a clean slate for the party in ways Biden can’t be,” said Cyrus Radfar, a 35-year-old technology entrepreneur and Democratic donor. “There’s new life and new energy that Pete brings, especially as the base of the Democratic Party is getting younger. I think he’s going to be on the national stage for a long time.”Buttigieg has staged a fundraising blitz in posh Northern California communities, holding events hosted by technology executives such as Netflix Inc. Chief Executive Officer Reed Hastings, Nest Labs home-automation company co-founder Matt Rogers, and Chelsea Kohler, director of product communications at Uber Technologies Inc., among others.Were he to win, Buttigieg would not only be the youngest president, but also the first openly gay one. While he is successfully raising money, Buttigieg has struggled until recently to enter the top tier of candidates nationally.But there are signs that he could be a moderate voter’s alternative to Biden. While raising money in California, Buttigieg is campaigning heavily in Iowa, and it appears both efforts are paying off. A USA Today/Suffolk University poll of likely Iowa caucus goers put Buttigieg just behind Biden and Warren for the first time. Biden had 18% support, Warren 17% and Buttigieg 13%.Millennial voters in the tech industry say they appreciate that Buttigieg’s liberal policies seem grounded in reality and recognize “a cutthroat world,” as Elizabeth Moran, 28, put it at a debate watch party in Silicon Valley’s Sunnyvale. Moran, who works at Poshmark, a social commerce platform, said she likes Buttigieg’s grasp of economics.“Well-educated recognizes well-educated,” Moran said, adding that Buttigieg could have come to Silicon Valley after graduating from Harvard as many Ivy League graduates do.In other words, in their eyes, Buttigieg is like them.“There’s a big move on the Democratic side to more heavily regulate tech, and that hasn’t been part of Buttigieg’s message,” said Raphael Sonenshein, executive director of the Pat Brown Institute for Public Affairs at California State University, Los Angeles. “His message is consistent with innovation and forward-looking technology. He has not given the impression that he would threaten their interests.”While he hasn’t said much about competition and antitrust, Buttigieg has focused on improving regulations as opposed to breaking up big tech.“We’re going to need to empower the FTC to be able to intervene, including blocking or reversing mergers, in cases where there’s anti-competitive behavior by tech companies,” he said in a CNN town hall in April, referring to the Federal Trade Commission.Buttigieg was his high school’s valedictorian and went on to Harvard, where he befriended two roommates of future Facebook Inc. CEO Mark Zuckerberg, and was one of the first 300 users on the social media platform. He was a Rhodes Scholar at Oxford, joined McKinsey & Co. as a consultant, and volunteered for Barack Obama’s tech-savvy 2008 presidential campaign before joining the U.S. Navy Reserve and serving in Afghanistan.His relationship with Zuckerberg persisted. Zuckerberg, 35, visited South Bend in 2017 while doing research for his philanthropic organization, the Chan Zuckerberg Initiative, and got a personal tour from Buttigieg. That relationship lasted into this year, when Zuckerberg and his wife, Priscilla Chan, recommended two people that Buttigieg ultimately hired for his campaign. Ben LaBolt, a spokesman for Zuckerberg and Chan, said the couple hasn’t yet decided whom to support for president.The Golden StateCalifornia voters have an unusually large influence in choosing the party’s nominee this cycle. The state primary next year is in March instead of its previous June slot and its donors contributed 1 of every 5 dollars raised by the party’s presidential candidates in the first six months of this year, data from the Center for Responsive Politics show.Buttigieg is second only to home-state senator Kamala Harris in the percentage of his campaign money that comes from California. Harris got 45% of her donations from Californians, Buttigieg got 22%.Harris, who was the state’s attorney general, raised $1 million from California lawyers, more than twice as much as any other candidate. She was also the top recipient of donations from employees of the entertainment industry. But California employees of tech companies, including giants like Facebook, Amazon.com Inc. and Microsoft Corp., backed Buttigieg more than any other candidate.Silicon Valley bundlers -- fundraisers who gather money from numerous employees of a firm -- have raised concerns about both Warren and Senator Bernie Sanders, who are relying primarily on small-dollar contributions from online donors.Warren is particularly thorny for the tech industry. She has vowed that she will not meet with big donors who want to “buy access” -- and perhaps more troubling for them, has promised to break up big technology companies. Some technology workers are contributing to Warren and Sanders, but few are writing the $2,800 checks that Buttigieg and Biden are relying on, likely because they’ve been quieter on the question of how to handle big tech.Buttigieg is positioning himself as a younger alternative to 76-year-old Biden. Like Biden, he has not embraced the progressive wing’s Medicare for All, instead proposing government-run health care “to those who want it,” without eliminating private insurance.In other areas, he hasn’t taken many unique stances, but his Midwestern and military background seeps into some plans. An issue page on his campaign website is simply called “Unleash rural opportunity,” and he has proposed eliminating some student debt in exchange for national service.Paul Holland, a California venture capitalist and fundraiser for Hillary Clinton’s 2016 campaign, said he believes a moderate has the best chance of winning. In his circles, Biden hasn’t attracted the same kind of enthusiastic support that other candidates have.“It’s Mayor Pete and Cory Booker who are getting most of the attention,” he said.Buttigieg himself drew the contrast between his candidacy and Biden’s during a Marin County event.“Every time we’ve won in our party it’s been with a candidate with new ideas, who hasn’t been on the scene for too long,” Buttigieg said. “That’s what works. Also, Americans are most likely to support the opposite of what’s in the Oval Office.”Among Buttigieg’s donors are Ron Conway, an investor who has guided San Francisco mayors to back tech-friendly policies; Scott Belsky, the chief product officer and executive vice president at Adobe Inc.; Tony Xu, CEO of Doordash Inc.; David Marcus, the head of Facebook’s Libra cryptocurrency project and Wendy Schmidt, wife of former Google CEO Eric Schmidt.Buttigieg’s fundraising has been prodigious, but he’s still behind in national polls. He stands at just 5% in the RealClearPolitics national average, compared with 26% for Biden. And that raises pragmatic questions about who can win the Democratic nomination.“Even with his flaws, Biden is the guy who’s probably going to satisfy the moderates,” Holland said.To contact the reporters on this story: Bill Allison in Washington DC at [email protected];Jeffrey Taylor in San Francisco at [email protected];Sophie Alexander in San Francisco at [email protected] contact the editors responsible for this story: Wendy Benjaminson at [email protected], Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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morningusa · 5 years ago
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(Bloomberg) -- The technology industry is looking for something different in a president in 2020. And it appears Pete Buttigieg is their candidate.While Joe Biden and Senator Elizabeth Warren are topping national polls in the contest for the Democratic Party’s nomination, California’s deep-pocketed Silicon Valley is donating to the 37-year-old mayor of South Bend, Indiana over the former vice president by a 5-to-1 margin.“Pete is a clean slate for the party in ways Biden can’t be,” said Cyrus Radfar, a 35-year-old technology entrepreneur and Democratic donor. “There’s new life and new energy that Pete brings, especially as the base of the Democratic Party is getting younger. I think he’s going to be on the national stage for a long time.”Buttigieg has staged a fundraising blitz in posh Northern California communities, holding events hosted by technology executives such as Netflix Inc. Chief Executive Officer Reed Hastings, Nest Labs home-automation company co-founder Matt Rogers, and Chelsea Kohler, director of product communications at Uber Technologies Inc., among others.Were he to win, Buttigieg would not only be the youngest president, but also the first openly gay one. While he is successfully raising money, Buttigieg has struggled until recently to enter the top tier of candidates nationally.But there are signs that he could be a moderate voter’s alternative to Biden. While raising money in California, Buttigieg is campaigning heavily in Iowa, and it appears both efforts are paying off. A USA Today/Suffolk University poll of likely Iowa caucus goers put Buttigieg just behind Biden and Warren for the first time. Biden had 18% support, Warren 17% and Buttigieg 13%.Millennial voters in the tech industry say they appreciate that Buttigieg’s liberal policies seem grounded in reality and recognize “a cutthroat world,” as Elizabeth Moran, 28, put it at a debate watch party in Silicon Valley’s Sunnyvale. Moran, who works at Poshmark, a social commerce platform, said she likes Buttigieg’s grasp of economics.“Well-educated recognizes well-educated,” Moran said, adding that Buttigieg could have come to Silicon Valley after graduating from Harvard as many Ivy League graduates do.In other words, in their eyes, Buttigieg is like them.“There’s a big move on the Democratic side to more heavily regulate tech, and that hasn’t been part of Buttigieg’s message,” said Raphael Sonenshein, executive director of the Pat Brown Institute for Public Affairs at California State University, Los Angeles. “His message is consistent with innovation and forward-looking technology. He has not given the impression that he would threaten their interests.”While he hasn’t said much about competition and antitrust, Buttigieg has focused on improving regulations as opposed to breaking up big tech.“We’re going to need to empower the FTC to be able to intervene, including blocking or reversing mergers, in cases where there’s anti-competitive behavior by tech companies,” he said in a CNN town hall in April, referring to the Federal Trade Commission.Buttigieg was his high school’s valedictorian and went on to Harvard, where he befriended two roommates of future Facebook Inc. CEO Mark Zuckerberg, and was one of the first 300 users on the social media platform. He was a Rhodes Scholar at Oxford, joined McKinsey & Co. as a consultant, and volunteered for Barack Obama’s tech-savvy 2008 presidential campaign before joining the U.S. Navy Reserve and serving in Afghanistan.His relationship with Zuckerberg persisted. Zuckerberg, 35, visited South Bend in 2017 while doing research for his philanthropic organization, the Chan Zuckerberg Initiative, and got a personal tour from Buttigieg. That relationship lasted into this year, when Zuckerberg and his wife, Priscilla Chan, recommended two people that Buttigieg ultimately hired for his campaign. Ben LaBolt, a spokesman for Zuckerberg and Chan, said the couple hasn’t yet decided whom to support for president.The Golden StateCalifornia voters have an unusually large influence in choosing the party’s nominee this cycle. The state primary next year is in March instead of its previous June slot and its donors contributed 1 of every 5 dollars raised by the party’s presidential candidates in the first six months of this year, data from the Center for Responsive Politics show.Buttigieg is second only to home-state senator Kamala Harris in the percentage of his campaign money that comes from California. Harris got 45% of her donations from Californians, Buttigieg got 22%.Harris, who was the state’s attorney general, raised $1 million from California lawyers, more than twice as much as any other candidate. She was also the top recipient of donations from employees of the entertainment industry. But California employees of tech companies, including giants like Facebook, Amazon.com Inc. and Microsoft Corp., backed Buttigieg more than any other candidate.Silicon Valley bundlers -- fundraisers who gather money from numerous employees of a firm -- have raised concerns about both Warren and Senator Bernie Sanders, who are relying primarily on small-dollar contributions from online donors.Warren is particularly thorny for the tech industry. She has vowed that she will not meet with big donors who want to “buy access” -- and perhaps more troubling for them, has promised to break up big technology companies. Some technology workers are contributing to Warren and Sanders, but few are writing the $2,800 checks that Buttigieg and Biden are relying on, likely because they’ve been quieter on the question of how to handle big tech.Buttigieg is positioning himself as a younger alternative to 76-year-old Biden. Like Biden, he has not embraced the progressive wing’s Medicare for All, instead proposing government-run health care “to those who want it,” without eliminating private insurance.In other areas, he hasn’t taken many unique stances, but his Midwestern and military background seeps into some plans. An issue page on his campaign website is simply called “Unleash rural opportunity,” and he has proposed eliminating some student debt in exchange for national service.Paul Holland, a California venture capitalist and fundraiser for Hillary Clinton’s 2016 campaign, said he believes a moderate has the best chance of winning. In his circles, Biden hasn’t attracted the same kind of enthusiastic support that other candidates have.“It’s Mayor Pete and Cory Booker who are getting most of the attention,” he said.Buttigieg himself drew the contrast between his candidacy and Biden’s during a Marin County event.“Every time we’ve won in our party it’s been with a candidate with new ideas, who hasn’t been on the scene for too long,” Buttigieg said. “That’s what works. Also, Americans are most likely to support the opposite of what’s in the Oval Office.”Among Buttigieg’s donors are Ron Conway, an investor who has guided San Francisco mayors to back tech-friendly policies; Scott Belsky, the chief product officer and executive vice president at Adobe Inc.; Tony Xu, CEO of Doordash Inc.; David Marcus, the head of Facebook’s Libra cryptocurrency project and Wendy Schmidt, wife of former Google CEO Eric Schmidt.Buttigieg’s fundraising has been prodigious, but he’s still behind in national polls. He stands at just 5% in the RealClearPolitics national average, compared with 26% for Biden. And that raises pragmatic questions about who can win the Democratic nomination.“Even with his flaws, Biden is the guy who’s probably going to satisfy the moderates,” Holland said.To contact the reporters on this story: Bill Allison in Washington DC at [email protected];Jeffrey Taylor in San Francisco at [email protected];Sophie Alexander in San Francisco at [email protected] contact the editors responsible for this story: Wendy Benjaminson at [email protected], Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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bloggerofworld · 5 years ago
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Silicon Valley CEOs Appear to Have Chosen Their 2020 Candidate
(Bloomberg) -- The technology industry is looking for something different in a president in 2020. And it appears Pete Buttigieg is their candidate.While Joe Biden and Senator Elizabeth Warren are topping national polls in the contest for the Democratic Party’s nomination, California’s deep-pocketed Silicon Valley is donating to the 37-year-old mayor of South Bend, Indiana over the former vice president by a 5-to-1 margin.“Pete is a clean slate for the party in ways Biden can’t be,” said Cyrus Radfar, a 35-year-old technology entrepreneur and Democratic donor. “There’s new life and new energy that Pete brings, especially as the base of the Democratic Party is getting younger. I think he’s going to be on the national stage for a long time.”Buttigieg has staged a fundraising blitz in posh Northern California communities, holding events hosted by technology executives such as Netflix Inc. Chief Executive Officer Reed Hastings, Nest Labs home-automation company co-founder Matt Rogers, and Chelsea Kohler, director of product communications at Uber Technologies Inc., among others.Were he to win, Buttigieg would not only be the youngest president, but also the first openly gay one. While he is successfully raising money, Buttigieg has struggled until recently to enter the top tier of candidates nationally.But there are signs that he could be a moderate voter’s alternative to Biden. While raising money in California, Buttigieg is campaigning heavily in Iowa, and it appears both efforts are paying off. A USA Today/Suffolk University poll of likely Iowa caucus goers put Buttigieg just behind Biden and Warren for the first time. Biden had 18% support, Warren 17% and Buttigieg 13%.Millennial voters in the tech industry say they appreciate that Buttigieg’s liberal policies seem grounded in reality and recognize “a cutthroat world,” as Elizabeth Moran, 28, put it at a debate watch party in Silicon Valley’s Sunnyvale. Moran, who works at Poshmark, a social commerce platform, said she likes Buttigieg’s grasp of economics.“Well-educated recognizes well-educated,” Moran said, adding that Buttigieg could have come to Silicon Valley after graduating from Harvard as many Ivy League graduates do.In other words, in their eyes, Buttigieg is like them.“There’s a big move on the Democratic side to more heavily regulate tech, and that hasn’t been part of Buttigieg’s message,” said Raphael Sonenshein, executive director of the Pat Brown Institute for Public Affairs at California State University, Los Angeles. “His message is consistent with innovation and forward-looking technology. He has not given the impression that he would threaten their interests.”While he hasn’t said much about competition and antitrust, Buttigieg has focused on improving regulations as opposed to breaking up big tech.“We’re going to need to empower the FTC to be able to intervene, including blocking or reversing mergers, in cases where there’s anti-competitive behavior by tech companies,” he said in a CNN town hall in April, referring to the Federal Trade Commission.Buttigieg was his high school’s valedictorian and went on to Harvard, where he befriended two roommates of future Facebook Inc. CEO Mark Zuckerberg, and was one of the first 300 users on the social media platform. He was a Rhodes Scholar at Oxford, joined McKinsey & Co. as a consultant, and volunteered for Barack Obama’s tech-savvy 2008 presidential campaign before joining the U.S. Navy Reserve and serving in Afghanistan.His relationship with Zuckerberg persisted. Zuckerberg, 35, visited South Bend in 2017 while doing research for his philanthropic organization, the Chan Zuckerberg Initiative, and got a personal tour from Buttigieg. That relationship lasted into this year, when Zuckerberg and his wife, Priscilla Chan, recommended two people that Buttigieg ultimately hired for his campaign. Ben LaBolt, a spokesman for Zuckerberg and Chan, said the couple hasn’t yet decided whom to support for president.The Golden StateCalifornia voters have an unusually large influence in choosing the party’s nominee this cycle. The state primary next year is in March instead of its previous June slot and its donors contributed 1 of every 5 dollars raised by the party’s presidential candidates in the first six months of this year, data from the Center for Responsive Politics show.Buttigieg is second only to home-state senator Kamala Harris in the percentage of his campaign money that comes from California. Harris got 45% of her donations from Californians, Buttigieg got 22%.Harris, who was the state’s attorney general, raised $1 million from California lawyers, more than twice as much as any other candidate. She was also the top recipient of donations from employees of the entertainment industry. But California employees of tech companies, including giants like Facebook, Amazon.com Inc. and Microsoft Corp., backed Buttigieg more than any other candidate.Silicon Valley bundlers -- fundraisers who gather money from numerous employees of a firm -- have raised concerns about both Warren and Senator Bernie Sanders, who are relying primarily on small-dollar contributions from online donors.Warren is particularly thorny for the tech industry. She has vowed that she will not meet with big donors who want to “buy access” -- and perhaps more troubling for them, has promised to break up big technology companies. Some technology workers are contributing to Warren and Sanders, but few are writing the $2,800 checks that Buttigieg and Biden are relying on, likely because they’ve been quieter on the question of how to handle big tech.Buttigieg is positioning himself as a younger alternative to 76-year-old Biden. Like Biden, he has not embraced the progressive wing’s Medicare for All, instead proposing government-run health care “to those who want it,” without eliminating private insurance.In other areas, he hasn’t taken many unique stances, but his Midwestern and military background seeps into some plans. An issue page on his campaign website is simply called “Unleash rural opportunity,” and he has proposed eliminating some student debt in exchange for national service.Paul Holland, a California venture capitalist and fundraiser for Hillary Clinton’s 2016 campaign, said he believes a moderate has the best chance of winning. In his circles, Biden hasn’t attracted the same kind of enthusiastic support that other candidates have.“It’s Mayor Pete and Cory Booker who are getting most of the attention,” he said.Buttigieg himself drew the contrast between his candidacy and Biden’s during a Marin County event.“Every time we’ve won in our party it’s been with a candidate with new ideas, who hasn’t been on the scene for too long,” Buttigieg said. “That’s what works. Also, Americans are most likely to support the opposite of what’s in the Oval Office.”Among Buttigieg’s donors are Ron Conway, an investor who has guided San Francisco mayors to back tech-friendly policies; Scott Belsky, the chief product officer and executive vice president at Adobe Inc.; Tony Xu, CEO of Doordash Inc.; David Marcus, the head of Facebook’s Libra cryptocurrency project and Wendy Schmidt, wife of former Google CEO Eric Schmidt.Buttigieg’s fundraising has been prodigious, but he’s still behind in national polls. He stands at just 5% in the RealClearPolitics national average, compared with 26% for Biden. And that raises pragmatic questions about who can win the Democratic nomination.“Even with his flaws, Biden is the guy who’s probably going to satisfy the moderates,” Holland said.To contact the reporters on this story: Bill Allison in Washington DC at [email protected];Jeffrey Taylor in San Francisco at [email protected];Sophie Alexander in San Francisco at [email protected] contact the editors responsible for this story: Wendy Benjaminson at [email protected], Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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worldnews-blog · 5 years ago
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(Bloomberg) -- The technology industry is looking for something different in a president in 2020. And it appears Pete Buttigieg is their candidate.While Joe Biden and Senator Elizabeth Warren are topping national polls in the contest for the Democratic Party’s nomination, California’s deep-pocketed Silicon Valley is donating to the 37-year-old mayor of South Bend, Indiana over the former vice president by a 5-to-1 margin.“Pete is a clean slate for the party in ways Biden can’t be,” said Cyrus Radfar, a 35-year-old technology entrepreneur and Democratic donor. “There’s new life and new energy that Pete brings, especially as the base of the Democratic Party is getting younger. I think he’s going to be on the national stage for a long time.”Buttigieg has staged a fundraising blitz in posh Northern California communities, holding events hosted by technology executives such as Netflix Inc. Chief Executive Officer Reed Hastings, Nest Labs home-automation company co-founder Matt Rogers, and Chelsea Kohler, director of product communications at Uber Technologies Inc., among others.Were he to win, Buttigieg would not only be the youngest president, but also the first openly gay one. While he is successfully raising money, Buttigieg has struggled until recently to enter the top tier of candidates nationally.But there are signs that he could be a moderate voter’s alternative to Biden. While raising money in California, Buttigieg is campaigning heavily in Iowa, and it appears both efforts are paying off. A USA Today/Suffolk University poll of likely Iowa caucus goers put Buttigieg just behind Biden and Warren for the first time. Biden had 18% support, Warren 17% and Buttigieg 13%.Millennial voters in the tech industry say they appreciate that Buttigieg’s liberal policies seem grounded in reality and recognize “a cutthroat world,” as Elizabeth Moran, 28, put it at a debate watch party in Silicon Valley’s Sunnyvale. Moran, who works at Poshmark, a social commerce platform, said she likes Buttigieg’s grasp of economics.“Well-educated recognizes well-educated,” Moran said, adding that Buttigieg could have come to Silicon Valley after graduating from Harvard as many Ivy League graduates do.In other words, in their eyes, Buttigieg is like them.“There’s a big move on the Democratic side to more heavily regulate tech, and that hasn’t been part of Buttigieg’s message,” said Raphael Sonenshein, executive director of the Pat Brown Institute for Public Affairs at California State University, Los Angeles. “His message is consistent with innovation and forward-looking technology. He has not given the impression that he would threaten their interests.”While he hasn’t said much about competition and antitrust, Buttigieg has focused on improving regulations as opposed to breaking up big tech.“We’re going to need to empower the FTC to be able to intervene, including blocking or reversing mergers, in cases where there’s anti-competitive behavior by tech companies,” he said in a CNN town hall in April, referring to the Federal Trade Commission.Buttigieg was his high school’s valedictorian and went on to Harvard, where he befriended two roommates of future Facebook Inc. CEO Mark Zuckerberg, and was one of the first 300 users on the social media platform. He was a Rhodes Scholar at Oxford, joined McKinsey & Co. as a consultant, and volunteered for Barack Obama’s tech-savvy 2008 presidential campaign before joining the U.S. Navy Reserve and serving in Afghanistan.His relationship with Zuckerberg persisted. Zuckerberg, 35, visited South Bend in 2017 while doing research for his philanthropic organization, the Chan Zuckerberg Initiative, and got a personal tour from Buttigieg. That relationship lasted into this year, when Zuckerberg and his wife, Priscilla Chan, recommended two people that Buttigieg ultimately hired for his campaign. Ben LaBolt, a spokesman for Zuckerberg and Chan, said the couple hasn’t yet decided whom to support for president.The Golden StateCalifornia voters have an unusually large influence in choosing the party’s nominee this cycle. The state primary next year is in March instead of its previous June slot and its donors contributed 1 of every 5 dollars raised by the party’s presidential candidates in the first six months of this year, data from the Center for Responsive Politics show.Buttigieg is second only to home-state senator Kamala Harris in the percentage of his campaign money that comes from California. Harris got 45% of her donations from Californians, Buttigieg got 22%.Harris, who was the state’s attorney general, raised $1 million from California lawyers, more than twice as much as any other candidate. She was also the top recipient of donations from employees of the entertainment industry. But California employees of tech companies, including giants like Facebook, Amazon.com Inc. and Microsoft Corp., backed Buttigieg more than any other candidate.Silicon Valley bundlers -- fundraisers who gather money from numerous employees of a firm -- have raised concerns about both Warren and Senator Bernie Sanders, who are relying primarily on small-dollar contributions from online donors.Warren is particularly thorny for the tech industry. She has vowed that she will not meet with big donors who want to “buy access” -- and perhaps more troubling for them, has promised to break up big technology companies. Some technology workers are contributing to Warren and Sanders, but few are writing the $2,800 checks that Buttigieg and Biden are relying on, likely because they’ve been quieter on the question of how to handle big tech.Buttigieg is positioning himself as a younger alternative to 76-year-old Biden. Like Biden, he has not embraced the progressive wing’s Medicare for All, instead proposing government-run health care “to those who want it,” without eliminating private insurance.In other areas, he hasn’t taken many unique stances, but his Midwestern and military background seeps into some plans. An issue page on his campaign website is simply called “Unleash rural opportunity,” and he has proposed eliminating some student debt in exchange for national service.Paul Holland, a California venture capitalist and fundraiser for Hillary Clinton’s 2016 campaign, said he believes a moderate has the best chance of winning. In his circles, Biden hasn’t attracted the same kind of enthusiastic support that other candidates have.“It’s Mayor Pete and Cory Booker who are getting most of the attention,” he said.Buttigieg himself drew the contrast between his candidacy and Biden’s during a Marin County event.“Every time we’ve won in our party it’s been with a candidate with new ideas, who hasn’t been on the scene for too long,” Buttigieg said. “That’s what works. Also, Americans are most likely to support the opposite of what’s in the Oval Office.”Among Buttigieg’s donors are Ron Conway, an investor who has guided San Francisco mayors to back tech-friendly policies; Scott Belsky, the chief product officer and executive vice president at Adobe Inc.; Tony Xu, CEO of Doordash Inc.; David Marcus, the head of Facebook’s Libra cryptocurrency project and Wendy Schmidt, wife of former Google CEO Eric Schmidt.Buttigieg’s fundraising has been prodigious, but he’s still behind in national polls. He stands at just 5% in the RealClearPolitics national average, compared with 26% for Biden. And that raises pragmatic questions about who can win the Democratic nomination.“Even with his flaws, Biden is the guy who’s probably going to satisfy the moderates,” Holland said.To contact the reporters on this story: Bill Allison in Washington DC at [email protected];Jeffrey Taylor in San Francisco at [email protected];Sophie Alexander in San Francisco at [email protected] contact the editors responsible for this story: Wendy Benjaminson at [email protected], Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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7newx1 · 5 years ago
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(Bloomberg) -- The technology industry is looking for something different in a president in 2020. And it appears Pete Buttigieg is their candidate.While Joe Biden and Senator Elizabeth Warren are topping national polls in the contest for the Democratic Party’s nomination, California’s deep-pocketed Silicon Valley is donating to the 37-year-old mayor of South Bend, Indiana over the former vice president by a 5-to-1 margin.��Pete is a clean slate for the party in ways Biden can’t be,” said Cyrus Radfar, a 35-year-old technology entrepreneur and Democratic donor. “There’s new life and new energy that Pete brings, especially as the base of the Democratic Party is getting younger. I think he’s going to be on the national stage for a long time.”Buttigieg has staged a fundraising blitz in posh Northern California communities, holding events hosted by technology executives such as Netflix Inc. Chief Executive Officer Reed Hastings, Nest Labs home-automation company co-founder Matt Rogers, and Chelsea Kohler, director of product communications at Uber Technologies Inc., among others.Were he to win, Buttigieg would not only be the youngest president, but also the first openly gay one. While he is successfully raising money, Buttigieg has struggled until recently to enter the top tier of candidates nationally.But there are signs that he could be a moderate voter’s alternative to Biden. While raising money in California, Buttigieg is campaigning heavily in Iowa, and it appears both efforts are paying off. A USA Today/Suffolk University poll of likely Iowa caucus goers put Buttigieg just behind Biden and Warren for the first time. Biden had 18% support, Warren 17% and Buttigieg 13%.Millennial voters in the tech industry say they appreciate that Buttigieg’s liberal policies seem grounded in reality and recognize “a cutthroat world,” as Elizabeth Moran, 28, put it at a debate watch party in Silicon Valley’s Sunnyvale. Moran, who works at Poshmark, a social commerce platform, said she likes Buttigieg’s grasp of economics.“Well-educated recognizes well-educated,” Moran said, adding that Buttigieg could have come to Silicon Valley after graduating from Harvard as many Ivy League graduates do.In other words, in their eyes, Buttigieg is like them.“There’s a big move on the Democratic side to more heavily regulate tech, and that hasn’t been part of Buttigieg’s message,” said Raphael Sonenshein, executive director of the Pat Brown Institute for Public Affairs at California State University, Los Angeles. “His message is consistent with innovation and forward-looking technology. He has not given the impression that he would threaten their interests.”While he hasn’t said much about competition and antitrust, Buttigieg has focused on improving regulations as opposed to breaking up big tech.“We’re going to need to empower the FTC to be able to intervene, including blocking or reversing mergers, in cases where there’s anti-competitive behavior by tech companies,” he said in a CNN town hall in April, referring to the Federal Trade Commission.Buttigieg was his high school’s valedictorian and went on to Harvard, where he befriended two roommates of future Facebook Inc. CEO Mark Zuckerberg, and was one of the first 300 users on the social media platform. He was a Rhodes Scholar at Oxford, joined McKinsey & Co. as a consultant, and volunteered for Barack Obama’s tech-savvy 2008 presidential campaign before joining the U.S. Navy Reserve and serving in Afghanistan.His relationship with Zuckerberg persisted. Zuckerberg, 35, visited South Bend in 2017 while doing research for his philanthropic organization, the Chan Zuckerberg Initiative, and got a personal tour from Buttigieg. That relationship lasted into this year, when Zuckerberg and his wife, Priscilla Chan, recommended two people that Buttigieg ultimately hired for his campaign. Ben LaBolt, a spokesman for Zuckerberg and Chan, said the couple hasn’t yet decided whom to support for president.The Golden StateCalifornia voters have an unusually large influence in choosing the party’s nominee this cycle. The state primary next year is in March instead of its previous June slot and its donors contributed 1 of every 5 dollars raised by the party’s presidential candidates in the first six months of this year, data from the Center for Responsive Politics show.Buttigieg is second only to home-state senator Kamala Harris in the percentage of his campaign money that comes from California. Harris got 45% of her donations from Californians, Buttigieg got 22%.Harris, who was the state’s attorney general, raised $1 million from California lawyers, more than twice as much as any other candidate. She was also the top recipient of donations from employees of the entertainment industry. But California employees of tech companies, including giants like Facebook, Amazon.com Inc. and Microsoft Corp., backed Buttigieg more than any other candidate.Silicon Valley bundlers -- fundraisers who gather money from numerous employees of a firm -- have raised concerns about both Warren and Senator Bernie Sanders, who are relying primarily on small-dollar contributions from online donors.Warren is particularly thorny for the tech industry. She has vowed that she will not meet with big donors who want to “buy access” -- and perhaps more troubling for them, has promised to break up big technology companies. Some technology workers are contributing to Warren and Sanders, but few are writing the $2,800 checks that Buttigieg and Biden are relying on, likely because they’ve been quieter on the question of how to handle big tech.Buttigieg is positioning himself as a younger alternative to 76-year-old Biden. Like Biden, he has not embraced the progressive wing’s Medicare for All, instead proposing government-run health care “to those who want it,” without eliminating private insurance.In other areas, he hasn’t taken many unique stances, but his Midwestern and military background seeps into some plans. An issue page on his campaign website is simply called “Unleash rural opportunity,” and he has proposed eliminating some student debt in exchange for national service.Paul Holland, a California venture capitalist and fundraiser for Hillary Clinton’s 2016 campaign, said he believes a moderate has the best chance of winning. In his circles, Biden hasn’t attracted the same kind of enthusiastic support that other candidates have.“It’s Mayor Pete and Cory Booker who are getting most of the attention,” he said.Buttigieg himself drew the contrast between his candidacy and Biden’s during a Marin County event.“Every time we’ve won in our party it’s been with a candidate with new ideas, who hasn’t been on the scene for too long,” Buttigieg said. “That’s what works. Also, Americans are most likely to support the opposite of what’s in the Oval Office.”Among Buttigieg’s donors are Ron Conway, an investor who has guided San Francisco mayors to back tech-friendly policies; Scott Belsky, the chief product officer and executive vice president at Adobe Inc.; Tony Xu, CEO of Doordash Inc.; David Marcus, the head of Facebook’s Libra cryptocurrency project and Wendy Schmidt, wife of former Google CEO Eric Schmidt.Buttigieg’s fundraising has been prodigious, but he’s still behind in national polls. He stands at just 5% in the RealClearPolitics national average, compared with 26% for Biden. And that raises pragmatic questions about who can win the Democratic nomination.“Even with his flaws, Biden is the guy who’s probably going to satisfy the moderates,” Holland said.To contact the reporters on this story: Bill Allison in Washington DC at [email protected];Jeffrey Taylor in San Francisco at [email protected];Sophie Alexander in San Francisco at [email protected] contact the editors responsible for this story: Wendy Benjaminson at [email protected], Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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captain-metronews24 · 6 years ago
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California Today: What to Know About Gavin Newsom’s State of the State
California Today: What to Know About Gavin Newsom’s State of the StateCalifornia Today: What to Know About Gavin Newsom’s State of the State
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attredd · 5 years ago
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(Bloomberg) -- The technology industry is looking for something different in a president in 2020. And it appears Pete Buttigieg is their candidate.While Joe Biden and Senator Elizabeth Warren are topping national polls in the contest for the Democratic Party’s nomination, California’s deep-pocketed Silicon Valley is donating to the 37-year-old mayor of South Bend, Indiana over the former vice president by a 5-to-1 margin.“Pete is a clean slate for the party in ways Biden can’t be,” said Cyrus Radfar, a 35-year-old technology entrepreneur and Democratic donor. “There’s new life and new energy that Pete brings, especially as the base of the Democratic Party is getting younger. I think he’s going to be on the national stage for a long time.”Buttigieg has staged a fundraising blitz in posh Northern California communities, holding events hosted by technology executives such as Netflix Inc. Chief Executive Officer Reed Hastings, Nest Labs home-automation company co-founder Matt Rogers, and Chelsea Kohler, director of product communications at Uber Technologies Inc., among others.Were he to win, Buttigieg would not only be the youngest president, but also the first openly gay one. While he is successfully raising money, Buttigieg has struggled until recently to enter the top tier of candidates nationally.But there are signs that he could be a moderate voter’s alternative to Biden. While raising money in California, Buttigieg is campaigning heavily in Iowa, and it appears both efforts are paying off. A USA Today/Suffolk University poll of likely Iowa caucus goers put Buttigieg just behind Biden and Warren for the first time. Biden had 18% support, Warren 17% and Buttigieg 13%.Millennial voters in the tech industry say they appreciate that Buttigieg’s liberal policies seem grounded in reality and recognize “a cutthroat world,” as Elizabeth Moran, 28, put it at a debate watch party in Silicon Valley’s Sunnyvale. Moran, who works at Poshmark, a social commerce platform, said she likes Buttigieg’s grasp of economics.“Well-educated recognizes well-educated,” Moran said, adding that Buttigieg could have come to Silicon Valley after graduating from Harvard as many Ivy League graduates do.In other words, in their eyes, Buttigieg is like them.“There’s a big move on the Democratic side to more heavily regulate tech, and that hasn’t been part of Buttigieg’s message,” said Raphael Sonenshein, executive director of the Pat Brown Institute for Public Affairs at California State University, Los Angeles. “His message is consistent with innovation and forward-looking technology. He has not given the impression that he would threaten their interests.”While he hasn’t said much about competition and antitrust, Buttigieg has focused on improving regulations as opposed to breaking up big tech.“We’re going to need to empower the FTC to be able to intervene, including blocking or reversing mergers, in cases where there’s anti-competitive behavior by tech companies,” he said in a CNN town hall in April, referring to the Federal Trade Commission.Buttigieg was his high school’s valedictorian and went on to Harvard, where he befriended two roommates of future Facebook Inc. CEO Mark Zuckerberg, and was one of the first 300 users on the social media platform. He was a Rhodes Scholar at Oxford, joined McKinsey & Co. as a consultant, and volunteered for Barack Obama’s tech-savvy 2008 presidential campaign before joining the U.S. Navy Reserve and serving in Afghanistan.His relationship with Zuckerberg persisted. Zuckerberg, 35, visited South Bend in 2017 while doing research for his philanthropic organization, the Chan Zuckerberg Initiative, and got a personal tour from Buttigieg. That relationship lasted into this year, when Zuckerberg and his wife, Priscilla Chan, recommended two people that Buttigieg ultimately hired for his campaign. Ben LaBolt, a spokesman for Zuckerberg and Chan, said the couple hasn’t yet decided whom to support for president.The Golden StateCalifornia voters have an unusually large influence in choosing the party’s nominee this cycle. The state primary next year is in March instead of its previous June slot and its donors contributed 1 of every 5 dollars raised by the party’s presidential candidates in the first six months of this year, data from the Center for Responsive Politics show.Buttigieg is second only to home-state senator Kamala Harris in the percentage of his campaign money that comes from California. Harris got 45% of her donations from Californians, Buttigieg got 22%.Harris, who was the state’s attorney general, raised $1 million from California lawyers, more than twice as much as any other candidate. She was also the top recipient of donations from employees of the entertainment industry. But California employees of tech companies, including giants like Facebook, Amazon.com Inc. and Microsoft Corp., backed Buttigieg more than any other candidate.Silicon Valley bundlers -- fundraisers who gather money from numerous employees of a firm -- have raised concerns about both Warren and Senator Bernie Sanders, who are relying primarily on small-dollar contributions from online donors.Warren is particularly thorny for the tech industry. She has vowed that she will not meet with big donors who want to “buy access” -- and perhaps more troubling for them, has promised to break up big technology companies. Some technology workers are contributing to Warren and Sanders, but few are writing the $2,800 checks that Buttigieg and Biden are relying on, likely because they’ve been quieter on the question of how to handle big tech.Buttigieg is positioning himself as a younger alternative to 76-year-old Biden. Like Biden, he has not embraced the progressive wing’s Medicare for All, instead proposing government-run health care “to those who want it,” without eliminating private insurance.In other areas, he hasn’t taken many unique stances, but his Midwestern and military background seeps into some plans. An issue page on his campaign website is simply called “Unleash rural opportunity,” and he has proposed eliminating some student debt in exchange for national service.Paul Holland, a California venture capitalist and fundraiser for Hillary Clinton’s 2016 campaign, said he believes a moderate has the best chance of winning. In his circles, Biden hasn’t attracted the same kind of enthusiastic support that other candidates have.“It’s Mayor Pete and Cory Booker who are getting most of the attention,” he said.Buttigieg himself drew the contrast between his candidacy and Biden’s during a Marin County event.“Every time we’ve won in our party it’s been with a candidate with new ideas, who hasn’t been on the scene for too long,” Buttigieg said. “That’s what works. Also, Americans are most likely to support the opposite of what’s in the Oval Office.”Among Buttigieg’s donors are Ron Conway, an investor who has guided San Francisco mayors to back tech-friendly policies; Scott Belsky, the chief product officer and executive vice president at Adobe Inc.; Tony Xu, CEO of Doordash Inc.; David Marcus, the head of Facebook’s Libra cryptocurrency project and Wendy Schmidt, wife of former Google CEO Eric Schmidt.Buttigieg’s fundraising has been prodigious, but he’s still behind in national polls. He stands at just 5% in the RealClearPolitics national average, compared with 26% for Biden. And that raises pragmatic questions about who can win the Democratic nomination.“Even with his flaws, Biden is the guy who’s probably going to satisfy the moderates,” Holland said.To contact the reporters on this story: Bill Allison in Washington DC at [email protected];Jeffrey Taylor in San Francisco at [email protected];Sophie Alexander in San Francisco at [email protected] contact the editors responsible for this story: Wendy Benjaminson at [email protected], Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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tendance-news · 5 years ago
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(Bloomberg) -- The technology industry is looking for something different in a president in 2020. And it appears Pete Buttigieg is their candidate.While Joe Biden and Senator Elizabeth Warren are topping national polls in the contest for the Democratic Party’s nomination, California’s deep-pocketed Silicon Valley is donating to the 37-year-old mayor of South Bend, Indiana over the former vice president by a 5-to-1 margin.“Pete is a clean slate for the party in ways Biden can’t be,” said Cyrus Radfar, a 35-year-old technology entrepreneur and Democratic donor. “There’s new life and new energy that Pete brings, especially as the base of the Democratic Party is getting younger. I think he’s going to be on the national stage for a long time.”Buttigieg has staged a fundraising blitz in posh Northern California communities, holding events hosted by technology executives such as Netflix Inc. Chief Executive Officer Reed Hastings, Nest Labs home-automation company co-founder Matt Rogers, and Chelsea Kohler, director of product communications at Uber Technologies Inc., among others.Were he to win, Buttigieg would not only be the youngest president, but also the first openly gay one. While he is successfully raising money, Buttigieg has struggled until recently to enter the top tier of candidates nationally.But there are signs that he could be a moderate voter’s alternative to Biden. While raising money in California, Buttigieg is campaigning heavily in Iowa, and it appears both efforts are paying off. A USA Today/Suffolk University poll of likely Iowa caucus goers put Buttigieg just behind Biden and Warren for the first time. Biden had 18% support, Warren 17% and Buttigieg 13%.Millennial voters in the tech industry say they appreciate that Buttigieg’s liberal policies seem grounded in reality and recognize “a cutthroat world,” as Elizabeth Moran, 28, put it at a debate watch party in Silicon Valley’s Sunnyvale. Moran, who works at Poshmark, a social commerce platform, said she likes Buttigieg’s grasp of economics.“Well-educated recognizes well-educated,” Moran said, adding that Buttigieg could have come to Silicon Valley after graduating from Harvard as many Ivy League graduates do.In other words, in their eyes, Buttigieg is like them.“There’s a big move on the Democratic side to more heavily regulate tech, and that hasn’t been part of Buttigieg’s message,” said Raphael Sonenshein, executive director of the Pat Brown Institute for Public Affairs at California State University, Los Angeles. “His message is consistent with innovation and forward-looking technology. He has not given the impression that he would threaten their interests.”While he hasn’t said much about competition and antitrust, Buttigieg has focused on improving regulations as opposed to breaking up big tech.“We’re going to need to empower the FTC to be able to intervene, including blocking or reversing mergers, in cases where there’s anti-competitive behavior by tech companies,” he said in a CNN town hall in April, referring to the Federal Trade Commission.Buttigieg was his high school’s valedictorian and went on to Harvard, where he befriended two roommates of future Facebook Inc. CEO Mark Zuckerberg, and was one of the first 300 users on the social media platform. He was a Rhodes Scholar at Oxford, joined McKinsey & Co. as a consultant, and volunteered for Barack Obama’s tech-savvy 2008 presidential campaign before joining the U.S. Navy Reserve and serving in Afghanistan.His relationship with Zuckerberg persisted. Zuckerberg, 35, visited South Bend in 2017 while doing research for his philanthropic organization, the Chan Zuckerberg Initiative, and got a personal tour from Buttigieg. That relationship lasted into this year, when Zuckerberg and his wife, Priscilla Chan, recommended two people that Buttigieg ultimately hired for his campaign. Ben LaBolt, a spokesman for Zuckerberg and Chan, said the couple hasn’t yet decided whom to support for president.The Golden StateCalifornia voters have an unusually large influence in choosing the party’s nominee this cycle. The state primary next year is in March instead of its previous June slot and its donors contributed 1 of every 5 dollars raised by the party’s presidential candidates in the first six months of this year, data from the Center for Responsive Politics show.Buttigieg is second only to home-state senator Kamala Harris in the percentage of his campaign money that comes from California. Harris got 45% of her donations from Californians, Buttigieg got 22%.Harris, who was the state’s attorney general, raised $1 million from California lawyers, more than twice as much as any other candidate. She was also the top recipient of donations from employees of the entertainment industry. But California employees of tech companies, including giants like Facebook, Amazon.com Inc. and Microsoft Corp., backed Buttigieg more than any other candidate.Silicon Valley bundlers -- fundraisers who gather money from numerous employees of a firm -- have raised concerns about both Warren and Senator Bernie Sanders, who are relying primarily on small-dollar contributions from online donors.Warren is particularly thorny for the tech industry. She has vowed that she will not meet with big donors who want to “buy access” -- and perhaps more troubling for them, has promised to break up big technology companies. Some technology workers are contributing to Warren and Sanders, but few are writing the $2,800 checks that Buttigieg and Biden are relying on, likely because they’ve been quieter on the question of how to handle big tech.Buttigieg is positioning himself as a younger alternative to 76-year-old Biden. Like Biden, he has not embraced the progressive wing’s Medicare for All, instead proposing government-run health care “to those who want it,” without eliminating private insurance.In other areas, he hasn’t taken many unique stances, but his Midwestern and military background seeps into some plans. An issue page on his campaign website is simply called “Unleash rural opportunity,” and he has proposed eliminating some student debt in exchange for national service.Paul Holland, a California venture capitalist and fundraiser for Hillary Clinton’s 2016 campaign, said he believes a moderate has the best chance of winning. In his circles, Biden hasn’t attracted the same kind of enthusiastic support that other candidates have.“It’s Mayor Pete and Cory Booker who are getting most of the attention,” he said.Buttigieg himself drew the contrast between his candidacy and Biden’s during a Marin County event.“Every time we’ve won in our party it’s been with a candidate with new ideas, who hasn’t been on the scene for too long,” Buttigieg said. “That’s what works. Also, Americans are most likely to support the opposite of what’s in the Oval Office.”Among Buttigieg’s donors are Ron Conway, an investor who has guided San Francisco mayors to back tech-friendly policies; Scott Belsky, the chief product officer and executive vice president at Adobe Inc.; Tony Xu, CEO of Doordash Inc.; David Marcus, the head of Facebook’s Libra cryptocurrency project and Wendy Schmidt, wife of former Google CEO Eric Schmidt.Buttigieg’s fundraising has been prodigious, but he’s still behind in national polls. He stands at just 5% in the RealClearPolitics national average, compared with 26% for Biden. And that raises pragmatic questions about who can win the Democratic nomination.“Even with his flaws, Biden is the guy who’s probably going to satisfy the moderates,” Holland said.To contact the reporters on this story: Bill Allison in Washington DC at [email protected];Jeffrey Taylor in San Francisco at [email protected];Sophie Alexander in San Francisco at [email protected] contact the editors responsible for this story: Wendy Benjaminson at [email protected], Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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newsfundastuff · 5 years ago
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(Bloomberg) -- The technology industry is looking for something different in a president in 2020. And it appears Pete Buttigieg is their candidate.While Joe Biden and Senator Elizabeth Warren are topping national polls in the contest for the Democratic Party’s nomination, California’s deep-pocketed Silicon Valley is donating to the 37-year-old mayor of South Bend, Indiana over the former vice president by a 5-to-1 margin.“Pete is a clean slate for the party in ways Biden can’t be,” said Cyrus Radfar, a 35-year-old technology entrepreneur and Democratic donor. “There’s new life and new energy that Pete brings, especially as the base of the Democratic Party is getting younger. I think he’s going to be on the national stage for a long time.”Buttigieg has staged a fundraising blitz in posh Northern California communities, holding events hosted by technology executives such as Netflix Inc. Chief Executive Officer Reed Hastings, Nest Labs home-automation company co-founder Matt Rogers, and Chelsea Kohler, director of product communications at Uber Technologies Inc., among others.Were he to win, Buttigieg would not only be the youngest president, but also the first openly gay one. While he is successfully raising money, Buttigieg has struggled until recently to enter the top tier of candidates nationally.But there are signs that he could be a moderate voter’s alternative to Biden. While raising money in California, Buttigieg is campaigning heavily in Iowa, and it appears both efforts are paying off. A USA Today/Suffolk University poll of likely Iowa caucus goers put Buttigieg just behind Biden and Warren for the first time. Biden had 18% support, Warren 17% and Buttigieg 13%.Millennial voters in the tech industry say they appreciate that Buttigieg’s liberal policies seem grounded in reality and recognize “a cutthroat world,” as Elizabeth Moran, 28, put it at a debate watch party in Silicon Valley’s Sunnyvale. Moran, who works at Poshmark, a social commerce platform, said she likes Buttigieg’s grasp of economics.“Well-educated recognizes well-educated,” Moran said, adding that Buttigieg could have come to Silicon Valley after graduating from Harvard as many Ivy League graduates do.In other words, in their eyes, Buttigieg is like them.“There’s a big move on the Democratic side to more heavily regulate tech, and that hasn’t been part of Buttigieg’s message,” said Raphael Sonenshein, executive director of the Pat Brown Institute for Public Affairs at California State University, Los Angeles. “His message is consistent with innovation and forward-looking technology. He has not given the impression that he would threaten their interests.”While he hasn’t said much about competition and antitrust, Buttigieg has focused on improving regulations as opposed to breaking up big tech.“We’re going to need to empower the FTC to be able to intervene, including blocking or reversing mergers, in cases where there’s anti-competitive behavior by tech companies,” he said in a CNN town hall in April, referring to the Federal Trade Commission.Buttigieg was his high school’s valedictorian and went on to Harvard, where he befriended two roommates of future Facebook Inc. CEO Mark Zuckerberg, and was one of the first 300 users on the social media platform. He was a Rhodes Scholar at Oxford, joined McKinsey & Co. as a consultant, and volunteered for Barack Obama’s tech-savvy 2008 presidential campaign before joining the U.S. Navy Reserve and serving in Afghanistan.His relationship with Zuckerberg persisted. Zuckerberg, 35, visited South Bend in 2017 while doing research for his philanthropic organization, the Chan Zuckerberg Initiative, and got a personal tour from Buttigieg. That relationship lasted into this year, when Zuckerberg and his wife, Priscilla Chan, recommended two people that Buttigieg ultimately hired for his campaign. Ben LaBolt, a spokesman for Zuckerberg and Chan, said the couple hasn’t yet decided whom to support for president.The Golden StateCalifornia voters have an unusually large influence in choosing the party’s nominee this cycle. The state primary next year is in March instead of its previous June slot and its donors contributed 1 of every 5 dollars raised by the party’s presidential candidates in the first six months of this year, data from the Center for Responsive Politics show.Buttigieg is second only to home-state senator Kamala Harris in the percentage of his campaign money that comes from California. Harris got 45% of her donations from Californians, Buttigieg got 22%.Harris, who was the state’s attorney general, raised $1 million from California lawyers, more than twice as much as any other candidate. She was also the top recipient of donations from employees of the entertainment industry. But California employees of tech companies, including giants like Facebook, Amazon.com Inc. and Microsoft Corp., backed Buttigieg more than any other candidate.Silicon Valley bundlers -- fundraisers who gather money from numerous employees of a firm -- have raised concerns about both Warren and Senator Bernie Sanders, who are relying primarily on small-dollar contributions from online donors.Warren is particularly thorny for the tech industry. She has vowed that she will not meet with big donors who want to “buy access” -- and perhaps more troubling for them, has promised to break up big technology companies. Some technology workers are contributing to Warren and Sanders, but few are writing the $2,800 checks that Buttigieg and Biden are relying on, likely because they’ve been quieter on the question of how to handle big tech.Buttigieg is positioning himself as a younger alternative to 76-year-old Biden. Like Biden, he has not embraced the progressive wing’s Medicare for All, instead proposing government-run health care “to those who want it,” without eliminating private insurance.In other areas, he hasn’t taken many unique stances, but his Midwestern and military background seeps into some plans. An issue page on his campaign website is simply called “Unleash rural opportunity,” and he has proposed eliminating some student debt in exchange for national service.Paul Holland, a California venture capitalist and fundraiser for Hillary Clinton’s 2016 campaign, said he believes a moderate has the best chance of winning. In his circles, Biden hasn’t attracted the same kind of enthusiastic support that other candidates have.“It’s Mayor Pete and Cory Booker who are getting most of the attention,” he said.Buttigieg himself drew the contrast between his candidacy and Biden’s during a Marin County event.“Every time we’ve won in our party it’s been with a candidate with new ideas, who hasn’t been on the scene for too long,” Buttigieg said. “That’s what works. Also, Americans are most likely to support the opposite of what’s in the Oval Office.”Among Buttigieg’s donors are Ron Conway, an investor who has guided San Francisco mayors to back tech-friendly policies; Scott Belsky, the chief product officer and executive vice president at Adobe Inc.; Tony Xu, CEO of Doordash Inc.; David Marcus, the head of Facebook’s Libra cryptocurrency project and Wendy Schmidt, wife of former Google CEO Eric Schmidt.Buttigieg’s fundraising has been prodigious, but he’s still behind in national polls. He stands at just 5% in the RealClearPolitics national average, compared with 26% for Biden. And that raises pragmatic questions about who can win the Democratic nomination.“Even with his flaws, Biden is the guy who’s probably going to satisfy the moderates,” Holland said.To contact the reporters on this story: Bill Allison in Washington DC at [email protected];Jeffrey Taylor in San Francisco at [email protected];Sophie Alexander in San Francisco at [email protected] contact the editors responsible for this story: Wendy Benjaminson at [email protected], Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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orendrasingh · 5 years ago
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(Bloomberg) -- The technology industry is looking for something different in a president in 2020. And it appears Pete Buttigieg is their candidate.While Joe Biden and Senator Elizabeth Warren are topping national polls in the contest for the Democratic Party’s nomination, California’s deep-pocketed Silicon Valley is donating to the 37-year-old mayor of South Bend, Indiana over the former vice president by a 5-to-1 margin.“Pete is a clean slate for the party in ways Biden can’t be,” said Cyrus Radfar, a 35-year-old technology entrepreneur and Democratic donor. “There’s new life and new energy that Pete brings, especially as the base of the Democratic Party is getting younger. I think he’s going to be on the national stage for a long time.”Buttigieg has staged a fundraising blitz in posh Northern California communities, holding events hosted by technology executives such as Netflix Inc. Chief Executive Officer Reed Hastings, Nest Labs home-automation company co-founder Matt Rogers, and Chelsea Kohler, director of product communications at Uber Technologies Inc., among others.Were he to win, Buttigieg would not only be the youngest president, but also the first openly gay one. While he is successfully raising money, Buttigieg has struggled until recently to enter the top tier of candidates nationally.But there are signs that he could be a moderate voter’s alternative to Biden. While raising money in California, Buttigieg is campaigning heavily in Iowa, and it appears both efforts are paying off. A USA Today/Suffolk University poll of likely Iowa caucus goers put Buttigieg just behind Biden and Warren for the first time. Biden had 18% support, Warren 17% and Buttigieg 13%.Millennial voters in the tech industry say they appreciate that Buttigieg’s liberal policies seem grounded in reality and recognize “a cutthroat world,” as Elizabeth Moran, 28, put it at a debate watch party in Silicon Valley’s Sunnyvale. Moran, who works at Poshmark, a social commerce platform, said she likes Buttigieg’s grasp of economics.“Well-educated recognizes well-educated,” Moran said, adding that Buttigieg could have come to Silicon Valley after graduating from Harvard as many Ivy League graduates do.In other words, in their eyes, Buttigieg is like them.“There’s a big move on the Democratic side to more heavily regulate tech, and that hasn’t been part of Buttigieg’s message,” said Raphael Sonenshein, executive director of the Pat Brown Institute for Public Affairs at California State University, Los Angeles. “His message is consistent with innovation and forward-looking technology. He has not given the impression that he would threaten their interests.”While he hasn’t said much about competition and antitrust, Buttigieg has focused on improving regulations as opposed to breaking up big tech.“We’re going to need to empower the FTC to be able to intervene, including blocking or reversing mergers, in cases where there’s anti-competitive behavior by tech companies,” he said in a CNN town hall in April, referring to the Federal Trade Commission.Buttigieg was his high school’s valedictorian and went on to Harvard, where he befriended two roommates of future Facebook Inc. CEO Mark Zuckerberg, and was one of the first 300 users on the social media platform. He was a Rhodes Scholar at Oxford, joined McKinsey & Co. as a consultant, and volunteered for Barack Obama’s tech-savvy 2008 presidential campaign before joining the U.S. Navy Reserve and serving in Afghanistan.His relationship with Zuckerberg persisted. Zuckerberg, 35, visited South Bend in 2017 while doing research for his philanthropic organization, the Chan Zuckerberg Initiative, and got a personal tour from Buttigieg. That relationship lasted into this year, when Zuckerberg and his wife, Priscilla Chan, recommended two people that Buttigieg ultimately hired for his campaign. Ben LaBolt, a spokesman for Zuckerberg and Chan, said the couple hasn’t yet decided whom to support for president.The Golden StateCalifornia voters have an unusually large influence in choosing the party’s nominee this cycle. The state primary next year is in March instead of its previous June slot and its donors contributed 1 of every 5 dollars raised by the party’s presidential candidates in the first six months of this year, data from the Center for Responsive Politics show.Buttigieg is second only to home-state senator Kamala Harris in the percentage of his campaign money that comes from California. Harris got 45% of her donations from Californians, Buttigieg got 22%.Harris, who was the state’s attorney general, raised $1 million from California lawyers, more than twice as much as any other candidate. She was also the top recipient of donations from employees of the entertainment industry. But California employees of tech companies, including giants like Facebook, Amazon.com Inc. and Microsoft Corp., backed Buttigieg more than any other candidate.Silicon Valley bundlers -- fundraisers who gather money from numerous employees of a firm -- have raised concerns about both Warren and Senator Bernie Sanders, who are relying primarily on small-dollar contributions from online donors.Warren is particularly thorny for the tech industry. She has vowed that she will not meet with big donors who want to “buy access” -- and perhaps more troubling for them, has promised to break up big technology companies. Some technology workers are contributing to Warren and Sanders, but few are writing the $2,800 checks that Buttigieg and Biden are relying on, likely because they’ve been quieter on the question of how to handle big tech.Buttigieg is positioning himself as a younger alternative to 76-year-old Biden. Like Biden, he has not embraced the progressive wing’s Medicare for All, instead proposing government-run health care “to those who want it,” without eliminating private insurance.In other areas, he hasn’t taken many unique stances, but his Midwestern and military background seeps into some plans. An issue page on his campaign website is simply called “Unleash rural opportunity,” and he has proposed eliminating some student debt in exchange for national service.Paul Holland, a California venture capitalist and fundraiser for Hillary Clinton’s 2016 campaign, said he believes a moderate has the best chance of winning. In his circles, Biden hasn’t attracted the same kind of enthusiastic support that other candidates have.“It’s Mayor Pete and Cory Booker who are getting most of the attention,” he said.Buttigieg himself drew the contrast between his candidacy and Biden’s during a Marin County event.“Every time we’ve won in our party it’s been with a candidate with new ideas, who hasn’t been on the scene for too long,” Buttigieg said. “That’s what works. Also, Americans are most likely to support the opposite of what’s in the Oval Office.”Among Buttigieg’s donors are Ron Conway, an investor who has guided San Francisco mayors to back tech-friendly policies; Scott Belsky, the chief product officer and executive vice president at Adobe Inc.; Tony Xu, CEO of Doordash Inc.; David Marcus, the head of Facebook’s Libra cryptocurrency project and Wendy Schmidt, wife of former Google CEO Eric Schmidt.Buttigieg’s fundraising has been prodigious, but he’s still behind in national polls. He stands at just 5% in the RealClearPolitics national average, compared with 26% for Biden. And that raises pragmatic questions about who can win the Democratic nomination.“Even with his flaws, Biden is the guy who’s probably going to satisfy the moderates,” Holland said.To contact the reporters on this story: Bill Allison in Washington DC at [email protected];Jeffrey Taylor in San Francisco at [email protected];Sophie Alexander in San Francisco at [email protected] contact the editors responsible for this story: Wendy Benjaminson at [email protected], Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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