This May 8th, Y Combinator’s Sam Altman and Yahoo CEO Marissa Mayer will hold a fundraiser for the Democratic National Committee headlined by President Obama. The fête will take place at Y Combinator’s offices in Mountain View.
This is certainly not the first time technology types have dived into political waters, and it’s a sort of thing that we should expect to happen more frequently as time passes — the intersection between government and technology is increasingly busy.
Want to hit up the event? It isn’t a cheap do: $1,00 to attend, $5,000 to attend and get a picture, $7,500 for a couple to get a picture with the President, and up.
According to SFGate, the event was originally intended to take place at Mayer’s home in Palo Alto, which would have afforded space for around 200 attendees. However, high demand led to the venue change.
The Bay Area, where the above-listed fundraiser will take place is almost comically Democratic territory. Here’s the New York Times, following the presidential election of 2012:
Mr. Obama won the nine counties of the Bay Area by margins ranging from 25 percentage points (in Napa County) to 71 percentage points (in the city and county of San Francisco). In Santa Clara County, home to much of the Silicon Valley, the margin was 42 percentage points.
Over all, Mr. Obama won the election by 49 percentage points in the Bay Area, more than double his 22-point margin throughout California.
That said, the money flowing from some technology companies has an interesting pattern of being nearly on parity when compared on a party-versus-party basis.
The technology world has had a very political last year, with events ranging from the explosive, chronic NSA revelations involving government overreach, to the controversial exit of Mozilla’s CEO over a donation made years earlier in opposition to marriage equality. Throw in a bucket of Zuckerberg cash when it comes to immigration reform, and the ever-present discussion of cybersecurity, and you have our current mix.
So to see Washington D.C. hit up the area for cash is about as surprising as Silicon Valley’s willingness to host, and show up with checkbooks.