Billionaire Chris Sacca plans a start-up blitz to back the eventual 2020 Dem nominee for president [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Photo by Nicola Gell Billionaire investor and Democratic donor Chris Sacca is gearing up for the 2020 presidential election, but don't expect him to be donating millions of dollars directly to candidates. Instead, he's going to focus on assisting the Democratic Party's eventual nominee for president through his own start-up investments. One of them, Swing Left, generated a large-scale grassroots movement to help candidates retake the U.S. House. According to its website, Swing Left raised $10 million for Democrats in swing districts, made over 2 million phone calls and knocked on 5 million doors. His plans come during a seismic shift in how political movements and causes are funded and organized, largely through online entities. The Democrats' success with such platforms in this year's midterm cycle has left Republicans scrambling for answers. Sacca, a former judge on Shark Tank, told CNBC in exclusive comments that he's not looking to contribu
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