Tech Industry's Enthusiasm for Kamala Harris Presidency

Katie believes in Kamala Harris' ability to foster innovation and diversity, crucial for the tech industry's future success.

### Kamala Harris vs. J.D. Vance: Tech Industry Perspectives and Moxie's $95M Fund
* 🗳️  The tech industry is divided in its support for political candidates, with some enthusiastic about **Kamala Harris's campaign** and others more vocal about **J.D. Vance's potential as a venture capitalist-friendly candidate**.
* 🌉  Kamala Harris is seen as a **strong candidate** from the tech industry's perspective, with her background in the Bay Area, understanding of **technology and innovation**, and emphasis on **responsibility**.
* 📊  The current political climate, with challenges like **climate change, economic uncertainty, and healthcare and housing affordability**, has made the tech industry more **active and vocal** in supporting candidates who can address these issues.
* 💰  Moxie Ventures, led by Katie Jacobs Stanton, has raised a **$95 million fund** with a focus on supporting **diverse founders** who aim to **improve life and work for millions of people worldwide**.
* 🌍  Moxie Ventures' portfolio includes technical founders, with **50% immigrants** and a **third women**, and is backed by world-class, mission-driven investors such as GM, the Nature Conservancy, and Foundry.
* 👩‍💼  Katie Jacobs Stanton's diverse background, including roles in the Obama administration and on the boards of Twitter, Google, and Vivendi, influences her investments and approach to **supporting founders** at Moxie Ventures.

It's been interesting.
You will have noticed your peers and colleagues in, let's call it, venture
capital, but small tech maybe as well. That week following the assassination
attempt on former President Trump and then J.D.
Vance emerging as the pick. X in particular was a place where
everyone was quite vocal. Now we're hearing more from the Kamala
Harris side. Your position, please, Katie.
Hi. Thank you so much for having me.
So we live in a democracy, and everyone has a right to their own opinion.
And I think our industry, just like our country, has a diversity of opinions.
And I think there are a lot of people like myself who are really enthusiastic
and excited about what the Kamala Harris campaign stands for, our hope for
optimism, for innovation. And we're excited to move the country
forward. One of the areas of focus with J.D.
Vance in particular is his experience as a venture capitalist, his experience of
so-called Silicon Valley, and what that

might mean for sort of an environment
where entrepreneurs want to thrive. Do you feel that Kamala Harris has the
same attributes that she can provide a similar environment if she were to be
re-elected? Well, she's way better elected.
Yeah, Yeah, she's way better. She's from the Bay Area.
She understands technology. She understands innovation.
She also understands responsibility. So she has somebody that I think we're
very enthusiastic from the tech industry about what she can bring to the future.
And really excited for her campaign. Finally, on the election, I was not in
America in 2016. I arrived 2018.
But I find the venture capital community how vocal they are.
A bit of surprise this time around. Do you see a difference in how active
your industry is now versus 2016 and 2020?
I think right now we have enormous challenges in front of us.
We have climate change. We have economic uncertainty.
We have a lack of access to health care

affordability and housing affordability.
And it's important to be able to support a number of entrepreneurs and innovators,
and to help provide better solutions that make life and work better.
So I think there are enormous challenges, enormous opportunities, and
again, really excited about teams that can move us forward and help us build
services for more people. KC We welcome you to Bloomberg
Technology because Moxy has raised $95 million for a third fund.
There's some interesting and quite unique factors behind the LP's and how
you went about the race. Just just explain the basics of that.
Sure. We're thrilled to be able to announce
our third fund, which is $95 million in a really challenging funding
environment. And we're looking for founders to
basically make life and work better for millions of people around the world.
And most of our founders are technical. 50% of them are immigrants, a third are
women. And we're really excited to have a
diverse group of founders.

We're also really proud of the investors
that have backed us. We have a number of world-class, mission-driven investors from GM to the Nature Conservancy to Children's Health, Sandon
and Foundry. And we're really delighted and honored
to be able to work with them going forward.
So I just mentioned quickly, you were within the Obama administration at one
point, but in tech, Twitter, Google, you're on the board of Yahoo!
Vivendi. How is that sort of CB going to
influence your investments and where you write checks?
I think it's really helpful. So I invest in seed-stage companies, but
I'm on the board of a company, Vivendi, which was started by Napoleon.
So that's a really wide range. And I think it's important to be able to
cross-pollinate our network, our experiences, and and to able to enable
ourselves and our team at Moxie to be

Able to help support our founders.
Helping them grow. Helping them build.
Helping them hire.

Trump Versus Harris: The Election's Impact on Silicon Valley

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The Tech Industry's Response to the 2020 Election

The tech industry is showing strong support for the Kamala Harris campaign, praising her for understanding technology, innovation, and responsibility.

There is enthusiasm for the idea that Harris can create an environment for tech entrepreneurs to thrive, similar to J.

The industry's current level of activism in the election is seen as a response to the enormous challenges such as climate change, economic uncertainty, and lack of healthcare access.

Moxxie, a tech company, has raised $95 million for its third fund in a challenging funding environment.

The company is focused on supporting immigrant and female founders to create solutions that improve people's lives and work.

With a diverse group of founders and backing from mission-driven investors, Moxxie aims to cross-pollinate networks and experiences to make a positive impact.

Supporting founders in their growth by providing assistance and guidance.

Helping founders build their businesses through support and resources.

Assisting founders in the hiring process to help them create strong teams for their companies.