Tech billionaires are plotting sweeping, secret plans to boost Joe Biden.
We go inside the worlds of Reid Hoffman, Eric Schmidt, Laurene Powell Jobs and Dustin Moskovitz, who are spending their millions to oust Trump.
Exclusive details here —>
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He was a special guest of Biden's campaign on a call last week. His message to Silicon Valley's product minds?
“We don’t need you to go and build anything new,“ Hoffman said. "There’s no time for that.”
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This is Eric Schmidt's 2020 strategy.
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Moskovitz's 2020 strategy, in a few words?
Experiments. Experiments. Experiments.
He is taking the thinking of Mind the Gap "to an ever bigger extreme" this cycle.
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The head of the Nebraska Democratic Party:
“I would never walk into Google or anywhere else and say, ‘Your model sucks."
“I don’t second-guess them, and I’m asking them not to second-guess us.”
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Powell Jobs hosted a dozen major donors, like Biz Stone and Ron Conway, at an intimate event at Emerson Collective's HQ in March to hear from Stacey Abrams' FairFight & others.
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The Voter Participation Center and a linked group are in the process of
raising $56 million by June 30 thanks in part to Mind the Gap.
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Reid Hoffman put $18m into a data startup he started, Alloy.
Meanwhile, Eric Schmidt put his money into the similar Democratic Data Exchange.
And with all that, Democrats still think they're behind.
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Four years later, he is convinced that the real problem is that Democrats don't know how to ~use~ the data.
So he has invested in over 20 startups through OneOne Ventures.
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One thing he has funded? A study with Voto Latino to see how to turn out Hispanic voters. A super interesting experiment here —>
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“When truth is tribal, traditional media and advertising can’t reach voters.”
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One person who I would ~not~ expect a lot from? Sean Parker, who has largely faded from huge political gifts.
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• $18 million on Alloy, his data play
• ~$15 million on MotivAI, a digital ad firm that has been mired in controversy
• ~$10 million on ACRONYM, a leading (and controversial) digital shop
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“You’re prioritizing your time to think right now, and the money follows your time,” said one Biden fundraiser. “How much time do you have to think about Joe Biden?”
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The Voter Participation Center is closely linked with Mind the Gap, one of the most under-appreciated forces in Democratic politics.
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"Our mandate is simple: to identify all efforts that will be more cost-effective than giving directly to candidate campaigns or SuperPACs, and fund them up to the point of maximal impact."
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