Day in and day out.... Errr, occasionally, I bust my tail to write on a company blog that gets a few hundred readers.
My 463 partner Jim Hock sits around with his feet up on his desk, smokes a corn cob pipe and occasionally pontificates to reporters. In turn, he gets quoted in newspapers with many more readers than this spell-binding piece of creative genius.
Jim is quoted in a Frank Davies Mercury News piece about the shifting winds of dollars toward Democrats from Silicon Valley power brokers. The lead...
In a dramatic shift that reflects the change of power in Congress, tech companies and venture capitalists are now contributing heavily to the Democrats who took control of Capitol Hill after years of favoring congressional Republicans.
So far this year, almost two-thirds of the contributions from the political action committees of Microsoft, Intel, Hewlett-Packard, Google and other tech companies went to Democrats and Democratic committees, according to reports for the first six months of 2007. Just a year ago, those companies were directing more than 60 percent of their donations to Republicans.
Jim's bit...
In recent years, Silicon Valley has been known for tech executives who gave large individual contributions to Democrats. In part to counter that image, corporate PACs - usually funded by contributions from executives and employees - favored Republicans. Google, whose top leaders gave overwhelming to Democrats, launched its PAC in fall 2006 with 61 percent of its money going to Republicans.
Jim Hock, a technology public relations executive in Washington who has tracked the valley's political involvement, said, "The importance of individual relationships and individual contributions has played a bigger role than PACs."
In the last election, Hock estimated that PAC contributions accounted for about one-third of political donations from the valley, with individual contributions accounting for the rest.
And...
Gauging the clout of the tech sector is difficult because the companies don't always have a lot in common. Computer manufacturers have different issues than software makers and Internet service companies. Google and Microsoft are allies on some issues while competing fiercely over new services and applications.
"There's a lot of diversity of companies and interests, and technology issues on the Hill get very complicated," said Hock, a former staffer for Sen. Dianne Feinstein, a California Democrat.
The Merc also has a helpful chart that breaks down the giving by companies...