✉news BusinessStartups first seen 14 h ago, last 38 min ago, peak #18
Y Combinator's New PAC Has Backed 66 Campaign Committees
Original: Y Combinator Is Making Political Bets. Its New PAC Has Backed 66 Campaign Committees
Y Combinator, the influential Silicon Valley startup accelerator, has formed a political action committee that has already contributed to 66 campaign committees, marking a significant step into electoral politics. The move signals that the startup world, long wary of direct political spending, is becoming more willing to put money behind candidates and causes aligned with its interests.
Why now: A leading tech institution entering political fundraising is notable as the startup industry increasingly engages in US elections.
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