Peter Thiel: 'Almost everybody (tech CEO) I know' shifted right
At Culture, Religion & Tech, take II in Miami on October 29, 2024
Read more...FWD.us, the PAC started by Mark Zuckerberg to handle various national issues, starting with immigration reform, has already lost two of its backers over a controversial ad campaign.
Elon Musk, CEO of SpaceX, and David Sacks, Founder and CEO of Yammer, have decided to leave the organization, it was reported by Reuters Friday. The two have since been removed from the "Our Supporters" section of the Fwd.us website.
It is widely believed that Musk's decision came from the PAC's decision to run ads in favor of Republican senators who support the controversial Keystone Pipeline, which will transport tar sands oil from Canada and the northern United States to refineries in the Gulf Coast of Texas.
You can see the two ads in question below:
While it is likely that the PAC simply put out these ads as a means to soften these two Republican senators on supporting what will most certainly be a politically perilous immigration reform bill, Musk is a committed environmentalist, and is the co-founder of Tesla Motors, an electric car company. And it seems that any perceived support of the Keystone Pipeline was too much for him to bear.
“I agreed to support Fwd.us because there is a genuine need to reform immigration. However, this should not be done at the expense of other important causes,” Musk said in a statement to AllThingsD. “I have spent a lot of time fighting far larger lobbying organizations in D.C. and believe that the right way to win on a cause is to argue the merits of that cause. This statement may surprise some people, but my experience is that most (not all) politicians and their staffs want to do the right thing and eventually do.”
Musk was not the only one upset by the campaign. Earlier this week, liberal and environmental groups, including the Sierra Club and MoveOn.org, pledged to pull ads from Facebook for at least two weeks.
The reasons for Sack's departure are not known at this time.
Zuckerberg announced the formation of Fwd.us in April, writing in an op-ed that the PAC would begin by focusing on immigration, but would also attempt to tackle education reform and science funding in the future, as a way to keep American competitive in the current economy.
FWD.us has a ton of firepower behind it. The foundation was founded, and is backed, by what amounts to a team of tech all-stars.
Besides Musk and Sacks, some of the organizations other contributors include: Brian Chesky, CEO and Co-founder of Airbnb; Reed Hastings, Founder and CEO of Netflix; Max Levchin, Co-founder of PayPal; Andrew Mason, Co-founder of Groupon; Marissa Mayer, CEO Yahoo; Dave Morin, Co-founder and CEO of Path; Mark Pincus, Founder and CEO of Zynga; Eric Schmidt, Executive Chairman of Google; and Kevin Systrom, CEO and Co-Founder of Instagram.
Some of the other Fwd.us founders include Ron Conway; John Doerr, General Partner at Kleiner Perkins Caufield & Byers; Reid Hoffman, Co-Founder and Executive Chairman of LinkedIn; and Drew Houston, Founder and CEO of Dropbox.
The departures of Musk and Sacks will not be a death blow to the PAC, but it should serve as a good reminder to Zuckerberg, and the other founders, that politics can be a really tricky business.
FWD.us could not be reached for comment.
(Image source: https://www.wired.com)
At Culture, Religion & Tech, take II in Miami on October 29, 2024
Read more...The company will use the funding to broaden the scope of its AI, including new administrative tasks
Read more...The company will be deploying Qventus’ Perioperative Solution to optimize its robotics program
Read more...Startup/Business
Joined Vator on
Zynga is the largest social gaming company with 8.5 million daily users and 45 million monthly users. Zynga’s games are available on Facebook, MySpace, Bebo, Hi5, Friendster, Yahoo! and the iPhone, and include Texas Hold’Em Poker, Mafia Wars, YoVille, Vampires, Street Racing, Scramble and Word Twist. The company is funded by Kleiner Perkins Caufield & Byers, IVP, Union Square Ventures, Foundry Group, Avalon Ventures, Pilot Group, Reid Hoffman and Peter Thiel. Zynga is headquartered at the Chip Factory in San Francisco. For more information, please visit www.zynga.com.
Startup/Business
Joined Vator on
Airbnb.com is the “Ebay of space.” The online marketplace allows anyone from private residents to commercial properties to rent out their extra space. The reputation-based site allows for user reviews, verification, and online transactions, for which Airbnb takes a commission. As of June, 2009, the San Francisco-based company has listings in over 1062 cities in 76 countries.
Joined Vator on
Joined Vator on
David has been involved in the Internet space for over a decade as an entrepreneur, executive and investor.Joined Vator on
Joined Vator on
Joined Vator on
Joined Vator on
Joined Vator on