Karla Jurvetson gave almost $15 million to Elizabeth Warren’s super PAC
A little bit-known Silicon Valley psychiatrist has cemented herself among the many strongest donors in Democratic politics, thanks to an enormous present to assist Elizabeth Warren’s failed presidential bid in its closing weeks. That cash will make her among the many most wanted political donors within the nation up till November.
Karla Jurvetson, who has slowly been turning heads on this planet of Bay Area fundraising, gave a complete of $14.6 million in February to a super PAC backing Warren, in accordance to new disclosures filed late Friday night time. Those donations collectively represent one of many largest presents of your complete 2020 presidential marketing campaign, and ranks Jurvetson amongst brand-name Democratic donors like Mike Bloomberg and Tom Steyer by way of complete contributions to exterior teams this cycle — and it makes her the largest girl donor. In this cycle, Steyer has given about $30 million to liberal teams, and Bloomberg about $15 million, not together with their very own presidential campaigns.
Jurvetson epitomizes how Silicon Valley donors can come out of nowhere to go away an imprint on politics — one thing that has occurred extra usually within the Trump period, when rich tech executives are extra motivated than ever to play electoral politics. Jurvetson, a psychiatrist and the ex-wife of the well-known enterprise capitalist Steve Jurvetson, had not been a serious Democratic giver prior to 2018, when she gave $5.four million to a super PAC tied to the pro-choice girls’s group EMILY’s List. That donation drew raised eyebrows as a result of it was made in shares of a non-American firm, Baidu, which is uncommon in political fundraising.
But it has been throughout the 2020 cycle that she turned probably the most beneficiant Democratic donors. A sturdy supporter of feminine candidates, Jurvetson emerged as considered one of Warren’s few big-money backers, at one level even shopping for advertisements on her behalf in Iowa that the candidate had to disavow. And in an indication of her new affect, when Barack Obama visited Silicon Valley final fall to elevate cash for the Democratic Party, it was Jurvetson who acquired to host him.
Jurvetson has now given over $22 million in current cycles to Democratic candidates and causes.
Jurvetson’s donation to the pro-Warren super PAC, known as Persist PAC, can also be a reminder of how Warren’s rhetoric didn’t all the time match her observe when it got here to Silicon Valley cash. Warren was probably the most aggressive candidate towards Big Tech, vowing not to take its contributions and to break up its firms. She lambasted the remainder of the presidential subject for blessing exterior super PACs for months, solely to flip within the closing weeks of the marketing campaign and assist the surface group. And whereas Warren additionally criticized her rivals for his or her ties to Silicon Valley contributors, her dashed presidential hopes within the closing weeks have been very a lot depending on presents from a kind of donors.
Jurvetson has lengthy evaded a lot discover. But now that the dimensions of Jurvetson’s giving is absolutely public, she’ll be part of the ranks of Silicon Valley billionaires like Reid Hoffman, Dustin Moskovitz, and Sean Parker, whose political funding the Democratic Party is relying on to attempt to oust Trump in November.