Mind the Gap, the secretive group quietly reshaping big-money politics in Silicon Valley, is aiming to spend as much as $140 million to boost Democrats in the 2020 election, Recode has learned.
If realized, a haul of that size would cement the group, little known until Recode reported on it this week, as one of the most powerful forces in Democratic politics. And the group is accomplishing this all behind the scenes — without any prior public scrutiny.
This network of Silicon Valley donors raised $20 million for Democratic causes and congressional candidates in advance of the midterms. But the group has far greater ambitions in a presidential cycle: Mind the Gap told prospective donors last fall that it had already raised at least $35 million in political contributions for voter registration efforts, which is part of a fundraising goal that could stretch to $100 million, according to a memo obtained by Recode.
Mind the Gap is also seeking another estimated $30 million for get-out-the-vote work along with another estimated $10 million for “orphan races” — which means primarily funding candidates for state legislatures that the group sees as wrongly under-funded. That’s in part thanks to the arrival of a new fundraising aide, Erica Slates, who recently joined the effort from Jay Inslee’s now-ended presidential campaign.