Mark Cuban and a team of VC leaders back Kamala Harris for president
Shark Tank star and former Dallas Mavericks principal owner Mark Cuban, LinkedIn cofounder Reid Hoffman, Khosla Ventures founder Vinod Khosla, and SV Angel managing partner Ron Conway are among the signatories.
“We spend our days looking for, investing in and supporting entrepreneurs who are building the future. We are pro-business, pro-American dream, pro-entrepreneurship, and pro-technological progress,” the investors write in a statement on their site, VCs for Kamala. “We also believe in democracy as the backbone of our nation. We believe that strong, trustworthy institutions are a feature, not a bug, and that our industry – and every other industry – would collapse without them. That is what’s at stake in this election. Everything else, we can solve through constructive dialogue with political leaders and institutions willing to talk to us.”
While Silicon Valley has always had strong Democratic donors, the show of support is particularly notable at a time when some of the most well-known names in tech have come out in support of Trump. Tesla CEO and X owner Elon Musk endorsed Trump after the assassination attempt in Pennsylvania earlier this month. And venture capitalists Marc Andreessen and Ben Horowitz — who claimed to have previously voted only for Democrats — recently announced their support for Trump. Craft Ventures’ David Sacks, Sequoia Capital’s Shaun Maguire, and 8VC’s Joe Lonsdale have also demonstrated their support for Trump.
There are still a lot of unknowns about Harris’ views on key tech policy issues, but she also has personal connections to Silicon Valley, in part from her time as a California senator, the state attorney general, and previously, as San Francisco district attorney. But the VCs for Kamala movement indicates that many tech leaders are ready to support her on the basis of a broader message of democracy and stable institutions. “In this pivotal moment, we are united in our support for Vice President Kamala Harris,” they write.
