With tech leaders like Elon Musk turning to Trump, more than 100 Silicon Valley investors pledge support for Harris

Reid Hoffman, a LinkedIn cofounder, is one of the signatories who has pledged to support Harris.

Some of Silicon Valley’s biggest names announced on Wednesday an effort to support Kamala Harris — and push back against the once liberal enclave’s rightward tilt.

More than 100 venture capitalists pledged to vote and gather donations for Harris, according to the newly launched website, VCsForKamala.org. Signatories include Reid Hoffman, a cofounder of LinkedIn, Ron Conway, a so-called “super angel” investor, and Mark Cuban.

The venture capitalists who’ve signed in support of Harris represent about $150 billion in assets under management, Leslie Feinzaig, the managing director of the firm Graham & Walker and one of the principal organizers of the effort, said in a post on X, formerly known as Twitter.

“We are pro-business, pro-American dream, pro-entrepreneurship, and pro-technological progress,” a statement on the VCsForKamala’s website says. “We also believe in democracy as the backbone of our nation.” The statement says that strong institutions are integral to all industries and are “at stake in this election.”

The site also includes a link to sign the pledge and donate to Harris’ campaign.

A group of right-wing venture capitalists have voiced support for Donald Trump and JD Vance, who was once a venture capitalist himself. Elon Musk and the investors Marc Andreessen, Ben Horowitz, and David Sacks have been particularly vocal Trump backers.

VCsForKamala was formed in part as a response to a firestorm of tweets from investors supporting Trump, Feinzaig told The New York Times.

“They don’t speak for me,” she said of Musk and other right-wing Silicon Valley leaders. “They don’t speak for most of us. And they don’t speak for the founders.”

A statement on the sign-up sheet reflects that sentiment: “Let’s show founders that not all VCs have turned MAGA.”

Harris, who was born in Oakland, California, and is known as a pro-business politician, has a stronger connection to the area than Biden did. Though Vance has been working to woo investors, Harris boasts high-profile friendships with some tech figures and has an opportunity to build momentum with supporters in the industry.

Harris will have an opportunity to test that support in a planned fundraising event next month in Silicon Valley.