US Democrat Harris gets backing from more than 100 venture capitalists 🤝

WASHINGTON, July 31 - More than 100 venture capitalists including entrepreneur Mark Cuban threw their support behind U.S. Democratic presidential candidate Kamala Harris on Wednesday, a counterweight to tech billionaires backing Republican rival Donald Trump.

Silicon Valley has traditionally been seen as a liberal bastion, but Republicans have won support from prominent industry figures in this election cycle. They were bolstered by Trump's selection of U.S. Senator JD Vance, a former venture capitalist, as running mate. But President Joe Biden's decision to drop off the Democratic ticket on July 21 has reenergized some in the tech industry who previously had stayed on the sidelines.

Reid Hoffman, a LinkedIn founder, investor Chris Sacca, Katie Stanton of Moxxie, Eva Ho of Fika Ventures and Rebecca Kaden of Union Square Ventures, were among those who signed the letter and pledged to vote for Harris in the Nov. 5 election.

Box (BOX.N), opens new tab CEO Aaron Levie, a Democratic donor, told Reuters that many people in Silicon Valley were "disillusioned" with the state of the Democratic Party under Biden. Levie, who is not a VC, has not signed this petition but has donated to Harris' campa

Harris's ascension "completely changed the landscape," he said, pointing to a flurry of donations both public and private from his industry peers. The floodgates could open further, he said, once Harris laid out her stance on business and technology.

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