Obama Winning Venture Capitalists' Wallets
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Silicon Valley's VC community picks its favorite candidates.
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Senator Barack Obama said today he was not aware he had invested in companies supported by his donors.
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To the world outside Silicon Valley's tight-knit community of startups, venture capitalists, and angel investors, TechCrunch is just another mouthy blog. But to entrepreneurs in the white-hot consumer Internet boom, Arrington has become a power broker.
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Despite denunciations of special-interest money, Senator Barack Obama is nonetheless benefiting from millions being spent outside campaign finance rules.
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Many technology venture capitalists are taking investment tips from their children, summer interns and twentysomething receptionists.
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Democratic presidential candidate Barack Obama has improved on his stunning support in the race for campaign cash, raising his total number of donors to nearly 250,000 people in the first six months of the year.
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Democratic Sen. Barack Obama has raised $3 million for his presidential campaign in the 24 hours since the first polls closed on Super Tuesday night.
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Blog: Data shows that venture investing in clean tech jumped 78 percent last year to $2.9 billion with forecast to grow to $19 billion by 2010.
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Democrat Barack Obama won over Iowa's butter cow lady.
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Barack Obama's presidential campaign Wednesday defended two investments he made right after his election to the Senate
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When Paul Brewer, co-founder of high-tech security company ObjectVideo, gave speeches to business school students about how to find funding, he used to focus about 80 percent of his talk on the art of landing venture capital. Now he spends most of his time on how to attract federal government funding, especially through the Small Business Innovation Research (SBIR) program. The managers of the program are more daring than venture capitalists, said Brewer, because they are more likely to fund an idea at its inception, before it has proved anything.
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Wins are pumping money into candidates' campaign funds. Yet money alone is not translating into victories.
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Barack Obama raised $32 million for his Democratic presidential nominating campaign in January, a huge haul that aides said will give him the ability to compete in a potentially long and costly race.
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Barack Obama raised $32 million for  his Democratic presidential nominating campaign in January, a  huge haul that aides said will give him the ability to compete  in a potentially long and costly race.
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Venture investors are pumping more money into the Washington area, though a smaller number of companies are on the receiving end. After hitting a seven-year low in the second quarter of 2004
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Senator Barack Obamaâs campaign has employed novel tactics, like counting sales of $4.50 key chains as contributions, to pump up numbers and cultivate support.
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Venture capitalists expect consistent levels of investment in 2007, according to an industry survey.