Those donors believe more-liberal Democrats can't win in a general election in toss-up districts and will undercut the party's chances of controlling Congress, said the strategist, who isn't advising Hoffman but has other big donors as clients in the tech field. Hoffman is part of a growing group of Democratic tech executives who favor more moderate candidates, according to one Democratic political strategist, who asked not to be named in order to speak freely about private conversations with clients.
The House Majority PAC is a so-called hybrid PAC, which can contribute to campaigns and act as a super PAC at the same time. "House Majority PAC is grateful to Reid Hoffman for his support of our shared goals to win competitive House races, secure a House Democratic Majority, and protect our democracy - and we look forward to continuing our work together," Horrell said in a statement to CNBC. House Majority PAC Executive Director Abby Curran Horrell praised Hoffman and said the PAC looks forward to working with him again. It's raised just over $2.6 million in the 2022 election cycle and spent almost the same amount in Democratic primaries, according to FEC records. The donation, which was sent to the PAC in February, is one of the top contributions to the outside group so far. Biden thanked Hoffman for his "generous support" during the event, according to a White House transcript of the president's remarks.įederal Election Commission records show Hoffman has already contributed $500,000 this election cycle to the Mainstream Democrats PAC, which is campaigning against liberal Democrats running against moderates in their primary election fights. Hoffman hosted a virtual fundraiser for the Democratic National Committee last year, with tickets going for up to $875,000. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower He is an Aspen Institute Crown Fellow, a Marshall Scholar at Oxford, and a graduate of Stanford University.Best Debt Consolidation Loans for Bad Credit His new book is Blitzscaling, based on his Stanford course of the same name. He is the co-author of two New York Times best-selling books: The Start-Up of You and The Alliance.
#REID HOFFMAN SERIES#
He is the host of Masters of Scale, an original podcast series and the first American media program to commit to a 50-50 gender balance for featured guests. In addition, he serves on a number of not-for-profit boards, including Kiva, Endeavor, CZI Biohub, Do Something, Stanford’s Human-Centered AI Initiative, and the MacArthur Foundation’s 100&Change. He currently serves on the boards of Airbnb, Apollo Fusion, Aurora, Coda, Convoy, Entrepreneur First, Gixo, Microsoft, Nauto, Xapo, and a few early stage companies still in stealth.
#REID HOFFMAN PROFESSIONAL#
In 2003 he co-founded LinkedIn, the world’s largest professional networking service. An accomplished entrepreneur, executive, and investor, Reid Hoffman has played an integral role in building many of today’s leading consumer technology businesses.
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