Why Political Campaigns Are Raising Money Faster Than Tech Startups
via NPR
It’s the early presidential campaign season, and candidates are loudly courting voters in high-profile appearances nationwide. But in quiet, closed-press fundraisers, they’re also asking well-heeled elites for the cash to keep campaigning. That cash grab is so fast-paced, it would make even hot Silicon Valley startups jealous.
A report from Hamilton Place Strategies, a D.C.-based nonpartisan think tank, shows just how astounding the pace of campaign fundraising is. The Romney and Obama campaigns in 2012, for example, raised money more quickly than Facebook, Twitter, Snapchat or Uber when those companies started.
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