Silicon Valley certainly loves Hillary Clinton. And why wouldn’t it? They can get all of the government contracts, special privileges and any other cronyist idea you can think of.
According to the latest numbers from the Wall Street Journal, donations from Big Tech total $30.7 million through June 2016. With so many tech executives hosting political fundraisers for Clinton, that number will likely skyrocket in the coming months ahead of the November election.
Republican nominee has received around $300,000 so far.
Here is the chart from the newspaper:
Experts say that it’s because of Trump’s staunch immigration policy that will do harm to some of the biggest corporations in Silicon Valley. Many of these tech giants favor H1B visas, the Trans-Pacific Partnership (they know Clinton actually supports it) and foreign work.
This week, Apple CEO Tim Cook will host a fundraiser that is looking to raise $50,000 per person. Some of the attendees include Napster founder Sean Parker, SolarCity CEO Lyndon Rive, LinkedIn founder Reid Hoffman and Google CFO Ruth Porat.
“The list is so long, I have no doubt I am leaving out another half dozen reasons for why his support in the tech and entrepreneurial community hovers within reaching distance of zero percent,” Chris Sacca, an early investor in Twitter, told CNN in an email. “But the takeaway is clear: a Donald Trump presidency would be bad for business.”
For the most part, Silicon Valley has been pro-Democrat. In 2012, President Obama raised more than $12 million from tech industry.
Scott Wilson says
big tech has bought and paid for hillary. TRUMP 2016 – AMERICANS FIRST