In a letter, Kamala Harris is endorsed for president by 88 corporate leaders, including Yelp CEO Jeremy Stoppelman and Ripple co-founder Chris Larsen
@IN/MEGAN-CASSELLA-BA02A160/ @MMCASSELLA — Eighty-eight corporate leaders signed a new letter Friday endorsing Vice President Kamala Harris for president.
CNBCMegan Cassella
Context & Ripple Effects
The letter extends a visible run of tech and investor support for Harris: more than 100 venture capital figures had already pledged to vote and raise donations for her in a VC-backed Harris fundraising push.
The signatories publicly align their personal and professional reputations with Harris, giving her campaign a larger roster of corporate validators.
Stoppelman and Larsen become especially visible bridges to, respectively, local-business technology and crypto-linked networks represented in the letter.
Second-order effects
The endorsement adds to pressure on other tech and finance leaders to clarify whether they will back Harris, another candidate, or remain publicly neutral.
Campaign outreach can use the group as a credibility signal when seeking further donor and executive support, building on the earlier VC fundraising pledge.
Third-order effects
If executive endorsements continue to consolidate around a candidate, political positioning may become a more explicit part of technology leaders' public-facing brand and network strategy.
The pattern points to a more fragmented business-policy coalition, where company leaders organize around distinct priorities rather than treating the technology sector as a single electoral bloc.
The trend: This is one data point in the growing formalization of tech and venture leaders' political networks through public endorsements and coordinated fundraising.
88 current and former top executives from across corporate America have just endorsed Vice President Harris in a new letter. One of the signers: James Murdoch, an heir to the Murdoch family media empire. “The best way to support the continued strength, security, and reliability…
@CNBC @KamalaHarris On the list of Harris backers: -A dozen+ Wall Street alums, including fmr Blackstone COO Tony James -Laurene Powell Jobs & Dustin Moskovitz, Harris backers from her CA days -DC sports magnate Ted Leonsis -3 former Treasury secs: Blumenthal, Rubin, Summers http…
“.. If the Democratic nominee wins the White House, they argue, ‘the business community can be confident that it will have a president who wants American industries to thrive.’” @CNBC @mmcassella https://www.cnbc.com/... [image]