Venture Capitalist Shifts Political Allegiance, Now Backing VP Kamala Harris
In a surprising turn of events, renowned venture capitalist Ben Horowitz has announced his support for Vice President Kamala Harris’ election bid, just months after pledging to contribute to political action committees backing Donald Trump’s presidential campaign. Horowitz, co-founder of Andreessen Horowitz, revealed his decision in a letter to employees, citing a long-standing friendship with Harris.
Horowitz and his wife, Felicia, have known Harris for over a decade, and their personal connection has led them to make a substantial donation to entities supporting the Harris-Walz campaign. This move marks a significant shift in Horowitz’s political allegiance, as he had previously expressed support for Trump’s campaign due to its perceived benefits for the tech industry.
Despite his newfound support for Harris, Horowitz emphasized that his firm, Andreessen Horowitz, remains committed to defending the interests of startups and crypto companies. He expressed optimism about Harris’ potential tech policies, although her campaign has yet to outline its stance on these issues.
This development highlights the complex and often nuanced nature of political alliances in the business world. As the 2024 election approaches, it will be interesting to see how other influential figures in the tech industry choose to wield their financial and political influence.
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