By Sue Greenwald
[Note: this letter first appeared in the Davis Enterprise, here. However, they did not have room to print the first paragraph, which the author asked to be included here].
Eric Jones has been touting his strict opposition to ‘corporate PACs’ over the course of the entire campaign. But Super PACs are worse than corporate PACs, because corporate PACs limit individual donations to $5,000, whereas Super PACs have no limit on individual donations. So Eric Jones, while sanctimoniously abjuring corporate PACs and attacking Thompson for accepting some donations from them, himself not only benefited from his (barely) former partners’ $3.9 million Super PAC, but also personally donated $10,000 to a Super PAC in support of the campaign of one of his tech cronies.
Eric Jones claims to be a progressive congressional candidate who wants to get money out of politics, but his actions speak much louder than his words.
Eric Jones was a big venture capitalist — a partner at Dragoneer Investments — until only one month before he declared for office. He received the vast majority of his outsized war chest from his network of AI/Crypto/tech-related executives and their financiers and his own venture capital fortune. He is also supported by a $3.93 million Super PAC largely funded by his long-term fellow Dragoneer venture capital partners/spouse. Dragoneer is a huge investor in tech and artificial intelligence.
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