Meet “Groundwork” – Google Chairman Eric Schmidt’s Stealth Startup Working to Make Hillary Clinton President
A recent article published by Quartz is fascinating, important and extremely troubling. It zeros in on a company you’ve probably never heard of called “Groundwork,” a startup backed by Google’s executive chairman Eric Schmidt. The sole purpose of the company appears to be to get Hillary Clinton elected President. What is so concerning about the company is that it appears to be little more than a clever way to get around the already extraordinarily loose campaign finance rules.
For instance, we all know about the rise of Super PACs and how they essentially allow unlimited funding to political candidates. The one limitation on their power is they are not allowed to directly coordinate with the political campaigns themselves. Enter “Groundwork,” which has seemingly found an exploitable loophole to this meager restriction. As such, the Quartz writers insightfully ask: “Are startups the new Super PACs?” It appears so…
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