Recode provides an overview of one of the nation's most competitive congressional battles. Josh Harder, a former VC for Bessemer, faces off against a Republican adversary whose strategy is to malign the entire VC industry and cast doubts on the virtues of Silicon Valley.
Those contacts have helped him raise close to $1 million from the Bay Area, some of it from Silicon Valley investors such as John Doerr and Rob Stavis, a Bessemer partner who coincidentally is one of this cycle’s biggest Democratic donors. Several of his former colleagues at Bessemer have been Harder’s most active fundraisers, such as Ethan Kurzweil, another Bessemer partner who is hosting a fundraiser featuring the challenger this Saturday in San Francisco. Kurzweil said that if Harder can survive the attacks, he would prove a new model for candidates from corporate America: Smart, early-in-their-career moderates who are willing to give up making big money to run for office. The tech boom over the last decade has created a whole group of these young professionals, many of whom are new to politics but could perhaps become credible candidates.