Aug 17, 2024, 11:01 PM
Aug 17, 2024, 11:01 PM

Stripe Founders Support Kamala Harris

Left-Biased
Highlights
  • Brothers John and Patrick Collison show support for Kamala Harris in the US Democratic Party.
  • Silicon Valley plays a crucial role in the presidential election as a key battleground.
  • The technology sector continues to influence political landscapes.
Story

Billionaire brothers John and Patrick Collison have emerged as notable contributors to the Democratic Party, donating substantial sums to various political figures and organizations. Since 2016, Patrick Collison has contributed a total of $263,000 to Democratic causes, including a notable $2,700 donation to Kamala Harris, the party's presidential candidate, in July 2018. The brothers, co-founders of the $90 billion payments company Stripe, have increasingly engaged in U.S. politics. In a recent move, Patrick made headlines by donating $23,000 to the Democrat-run DNC Services Corp. last month, further solidifying his financial support for the party. His brother John has also been active in political donations, contributing $233,000 to Democratic organizations. Their financial backing highlights a growing trend among tech entrepreneurs who are leveraging their wealth to influence political outcomes. The Collison brothers' involvement in politics reflects a broader pattern of wealthy individuals using their resources to support candidates and causes aligned with their values. As influential figures in the tech industry, their contributions may have significant implications for the Democratic Party's strategies and outreach efforts leading up to the upcoming elections. As the political landscape continues to evolve, the Collison brothers' donations underscore the intersection of technology, wealth, and political influence in the United States, raising questions about the role of billionaires in shaping democratic processes.

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