About 700 wealthy Democratic supporters packed into San Francisco’s Fairmont hotel on Sunday to see Kamala Harris in her first return to the city since launching her campaign for president. Among the crowd at the fundraiser, where the cheapest tickets cost $3,300 and went up to $500,000, was a mixture of tech billionaires, executives and Silicon Valley venture capitalists who have quickly embraced the vice-president in her bid for the White House.
The event, which raised more than $12m, was the latest in the Harris campaign’s outreach to tech Democrats and an extension of a relationship with Silicon Valley elites that goes back more than a decade.
Harris has extensive ties to some of the tech industry’s most influential players and prolific donors, in part due to her time as California’s attorney general and later, senator. While her campaign has yet to release detailed policy positions on issues such as tech regulation, Harris’s track record has led tech executives to speculate whether she could take a friendlier approach to the industry than Joe Biden has.
Among the tech industry Democrats who have promoted or contributed to the Harris campaign are former Facebook COO Sheryl Sandberg; LinkedIn co-founder Reid Hoffman, who attended the fundraiser in San Francisco, as well as philanthropist Melinda French Gates, IAC chair Barry Diller and Silicon Valley venture capitalist Ron Conway. Laurene Powell Jobs, billionaire philanthropist and former wife of Apple’s Steve Jobs, is a longtime friend and in 2013 held a fundraiser at her home for Harris. Netflix chairman Reed Hastings, who publicly called on the president to drop out after his disastrous debate performance, donated $7m to a pro-Harris Super PACac within days of her becoming the presumptive nominee.
Some of these donors have arrived to Harris’s campaign with their own policies to promote, most notably Hoffman and Diller’s demands to fire Federal Trade Commission (FTC) chair Lina Khan. The FTC under Khan has taken an aggressive stance toward regulating big tech, pursuing cases against Microsoft and Amazon, which has rankled the industry. (Hoffman is a board member of Microsoft, which has been the target of FTC antitrust litigation.)
Hoffman and Diller’s demands to remove Khan while donating heavily to Harris give the appearance of billionaire donors trying to sway policy for their personal benefit, despite denials from Hoffman that his contribution is in exchange for influence. Harris has yet to comment on Khan or the donations from her critics, meanwhile her campaign held an organizing event featuring Hoffman in early August following his attacks on the FTC chair.
In addition to big-name donors, Harris has also received public pledges of support from hundreds of other venture capitalists and tech workers. A “VCs For Kamala” site featured more than 800 signatures from a variety of firms, while Bloomberg reported that a Tech4Kamala open letter received more than 1,200 signatures. The two groups are planning to host an event later this month.
As he fights Harris, Trump forges new ties in Silicon Valley
Although Harris may have more vocal tech backers than Biden, the industry has also undergone a conservative shift and embrace of far-right beliefs that gives her a number of prominent opponents. A San Francisco fundraiser for Donald Trump held last month by venture capitalists David Sacks and Chamath Palihapitiya raised about $12m, while Silicon Valley power players Marc Andreessen and Ben Horowitz announced they plan to make substantial donations to the former president.
JD Vance, Trump’s running mate, also ran his campaign for Ohio senator with the help of approximately $15m in contributions from tech billionaire Peter Thiel, whose venture firm briefly employed Vance in 2015. Prior to becoming a senator, Vance worked in Silicon Valley, where he plugged in to a broader network of wealthy conservatives in tech.
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Elon Musk, the world’s richest man, has openly backed Trump while promoting attacks against Harris and Democrats on his social media platform X. Musk shared a deepfake parody video on the platform last month which featured manipulated footage of Harris, in which she was made to say “I am the ultimate diversity hire.” Musk’s Grok chatbot also spread false information suggesting that Harris was ineligible to appear on the ballot in some states, prompting condemnation from Democratic lawmakers.
On Monday, Musk held a more than two-hour interview with Trump in which the Tesla CEO lauded Trump and gave no pushback as Trump rehashed a variety of falsehoods and baseless election conspiracies.
“Trump’s entire campaign is in service of people like Elon Musk and himself – self-obsessed rich guys who will sell out the middle class and who cannot run a livestream in the year 2024,” Joseph Costello, a Harris campaign spokesperson, said in a statement following the interview.
California connections to big tech
As state attorney general and then senator for California between 2010 and 2020, Harris was in office during a crucial period in the ascendance of Silicon Valley’s biggest social networks such as Facebook. Her record on legislation and litigation around tech has over the years alternatingly drawn applause from some regulation and privacy advocates and at times criticism from others that Harris didn’t attempt to rein in companies as they amassed monopolies.
Harris enjoyed a fairly cozy relationship with the industry as attorney general, including developing a friendship with then Facebook COO Sandberg and participating in the PR campaign for Sandberg’s memoir Lean In. Sandberg gave the maximum legal individual contribution to her 2016 senate campaign and, according to emails acquired by HuffPost, sent Harris a message two days after that election that read “CONGRATULATIONS!!!!!!!!!!!! We need you now more than ever.” Harris did not respond.
During Harris’s time as attorney general, Facebook acquired both Instagram and WhatsApp in moves that helped it expand its dominance over social media. Antitrust advocates have since criticized federal regulators and state officials for failing to more intensely investigate or block those deals, with the FTC citing the acquisitions as evidence of anticompetitive practices in its antitrust lawsuit against Facebook. Harris has tended to stay away from taking a firm stance on antitrust actions, and in 2019 gave a vague answer to a direct question from the New York Times on whether big tech companies should be broken up.
Areas where Harris took a more aggressive approach toward the tech industry were online privacy and sexual abuse, choosing what’s often called “revenge porn” as her marquee issue to fight. As a senator, Harris has introduced legislation and backed initiatives to criminalize sharing nonconsensual sexual images online, an issue that has become more pertinent in recent years with the rise of sexualized deepfakes of celebrities, politicians and average citizens. Her strategy with big tech companies on the issue, Politico reported in 2019, was to take a less publicly adversarial stance and instead forge relationships with executives who could change platform policies.
When Harris chose to take legal action that involved tech companies, she instead tended to focus on smaller platforms or individual incidents of cybercrime. One of Harris’s most prominent prosecutions as attorney general was against the CEO and controlling shareholders of Backpage, an adult classifieds site that Harris accused of enabling illegal sex work, abuse and human trafficking. The prosecution, which Harris has touted in campaign ads, remains controversial and was heavily opposed by sex worker activists who viewed Backpage as a means to safely vet clients and avoid working on the streets. The founder of Backpage and two executives were convicted of prostitution and money laundering charges; a federal judge acquitted them on appeal.
Harris’s record as a prosecutor shows other examples she could claim show that she’s tough on tech even as she maintains close relationships with the industry’s power brokers. She threatened to sue Uber as attorney general in 2016 after the company vowed to break state laws and put driverless cars on San Francisco streets without regulatory approval. Uber ultimately relented and ended its driverless tests days later. Meanwhile, Tony West, who became Uber’s chief legal officer a year after Harris threatened legal action, is now one of her campaign’s best-connected fundraisers. He’s also her brother-in-law.