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President Obama Will Headline DNC Fundraiser Hosted By YC’s Sam Altman And Yahoo’s Marissa Mayer

TechCrunch TechCrunch 21/04/2014 Alex Wilhelm

This May 8th, Y Combinator’s and Yahoo CEO will hold a fundraiser for the Democratic National Committee headlined by President Obama. The fête will take place at Y Combinator’s offices in Mountain View.

This is certainly not the first time technology types have dived into political waters, and it’s a sort of thing that we should expect to happen more frequently as time passes — the intersection between government and technology is increasingly busy.

Want to hit up the event? It isn’t a cheap do: $1,00 to attend, $5,000 to attend and get a picture, $7,500 for a couple to get a picture with the President, and up.

According to , the event was originally intended to take place at Mayer’s home in Palo Alto, which would have afforded space for around 200 attendees. However, high demand led to the venue change.

The Bay Area, where the above-listed fundraiser will take place is almost comically Democratic territory. Here’s , following the presidential election of 2012:

Mr. Obama won the nine counties of the Bay Area by margins ranging from 25 percentage points (in Napa County) to 71 percentage points (in the city and county of San Francisco). In Santa Clara County, home to much of the Silicon Valley, the margin was 42 percentage points.

Over all, Mr. Obama won the election by 49 percentage points in the Bay Area, more than double his 22-point margin throughout California.

That said, the money flowing from some technology companies has an when compared on a party-versus-party basis.

The technology world has had a very political last year, with events ranging from the explosive, involving government overreach, to the over a donation made years earlier in opposition to marriage equality. Throw in a bucket of when it comes to immigration reform, and the ever-present discussion of , and you have our current mix.

So to see Washington D.C. hit up the area for cash is about as surprising as Silicon Valley’s willingness to host, and show up with checkbooks.

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