It used to be a community that had candidates pining for its approval. Now, Silicon Valley’s standing in presidential politics has fallen amid big-tech privacy intrusions, platform vulnerability to election interference and perceived corporate excess.
Yet even if this crop of Democratic candidates does not want to be associated with the oligarchs and politically aloof innovators of Silicon Valley, it needs them just the same. Much like the bankers and brokers on Wall Street, the entrepreneurs of Silicon Valley have assets the candidates want — in this case expertise on digital campaigning tools, policy expertise and big bank accounts that can be crucial to a White House bid.
“Every day here in San Francisco, there is another presidential candidate coming through,” said Chris Lehane, the longtime Democratic strategist who now heads global policy and public affairs at Airbnb. “There are two or three here this week.”of a San Francisco incubator, as Republican Sen. Rand Paul did in the last presidential race.
Former President Clinton aggressively and publicly courted Wall Street’s approval. By the time Hillary Clinton ran, holding a campaign rally near the New York Stock Exchange, as her husband did, was extremely ill-advised for a Democrat.
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