Big Tech

Silicon Valley Donor Class Is Divided as Harris Support Grows in Tech Stronghold

Hoffman, Khosla and Sandberg among tech leaders backing Harris
Costolo urges broad nomination process as Trump pursues donors

US Vice President Kamala Harris speaks at the White House on Monday, July 22, 2024, a day after President Joe Biden dropped out of the 2024 race and endorsed her as the party’s candidate in the November election.Photographer: Ting Shen/Bloomberg

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By Rya Jetha and Lizette Chapman

July 24, 2024 at 10:00 AM EDT

This article is for subscribers only.

Kamala Harris’s ascent as the likely Democratic presidential nominee is quelling the party’s fears that recent endorsements of Donald Trump by a handful of high-profile venture capitalists might turn Silicon Valley into a Republican stronghold.

Within two days of President Joe Biden’s departure from the 2024 race, Harris had secured the backing of key figures from the technology sector — including former Meta Platforms Inc. executive Sheryl Sandberg, Netflix Chairman Reed Hastings and venture investors Vinod Khosla and Reid Hoffman.