By Kanishka Singh
WASHINGTON (Reuters) – Enterprise capitalist Ben Horowitz mentioned on Friday he’ll make a “significant donation” to entities supporting the Democratic presidential marketing campaign of Vice President Kamala Harris who faces Republican former President Donald Trump within the Nov. 5 election.
WHY IT’S IMPORTANT
The co-founder of enterprise capital agency Andreessen Horowitz had thrown assist behind Trump in July. On the time he backed Trump, President Joe Biden was the Democratic candidate. Biden later stepped apart within the aftermath of a disastrous debate towards Trump and Harris took over.
Trump had constructed a lead over Biden in battleground states, in accordance with polls, which have turn out to be tight since Harris entered the race.
KEY QUOTES
“As I mentioned before, (his wife) Felicia and I have known Vice President Harris for over 10 years and she has been a great friend to both of us during that time,” the enterprise capitalist mentioned on X.
“As a result of our friendship, Felicia and I will be making a significant donation to entities who support the Harris Walz campaign,” he added, with out giving an quantity or an entity’s title.
He added the agency he co-founded has not endorsed Harris formally as a result of Harris has not but given an in depth tech coverage platform. He reiterated his frustration with the “exceptionally destructive” tech insurance policies of the Biden administration, through which Harris serves as vice chairman.
“Although I have had several conversations with Vice President Harris and her team on their likely tech policies and am encouraged by my belief in her, they have not yet stated what their tech policy will be, so the firm will not be updating its position in that regard,” he mentioned.
CONTEXT
Harris’ marketing campaign has been elevating far more funds than Trump’s, giving her a transparent money benefit as either side bombard battleground states with tv advertisements.
