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AI Overview

Leading the Future (LTF) is a powerful super PAC funded by Silicon Valley titans to support AI-friendly candidates and promote light-touch, national AI regulation. With over $100 million in backing, it is one of the most heavily capitalized political forces in the midterm elections. [1, 2, 3, 4]

Key Donors and Backers

Political Strategy & Opposition

Leading the Future supports candidates from both parties who favor a uniform national policy rather than a fragmented, state-by-state regulatory approach. The PAC has spent heavily in both Republican and Democratic primaries, often targeting candidates who authored aggressive state-level AI safety laws, such as New York's Alex Bores. [1, 2, 3, 4]

Because of its massive war chest, the PAC has drawn significant pushback. Rivals like the tech-worker-backed Guardrails Alliance and Anthropic-funded Public First Action have launched their own campaigns to counter LTF's deregulatory influence. [1, 2, 3]

For more context on how Leading the Future plans to influence American technology policy and secure U.S. innovation, watch this overview:


wiki

Ronald Crawford "Ron" Conway (born March 9, 1951) is an American angel investor and philanthropist, often described as one of Silicon Valley's "super angels".[1] Conway is recognized as a strong networker[2] with the ear of many of San Francisco's most important decision-makers.

Contents

Early career

Conway graduated from San Jose State University[3] with a bachelor's degree in Political Science.

Conway knew little about technology on his first entry to the business, but became one of the most influential tech investors in American history.[4] Conway worked with National Semiconductor Corporation in marketing positions from 1973 to 1979, and at Altos Computer Systems as President and CEO from 1988 to 1990.[5] He was the CEO of Personal Training Systems (PTS) from 1991 to 1995. PTS was acquired by SmartForce/SkillSoft.[6]

Investing

As founder and Managing Partner of the Angel Investors LP funds, he was an early stage investor in Google, Ask Jeeves and PayPal. He began investing independently in 2005, and by 2006 had achieved sixth place in the Forbes magazine Midas list of top "dealmakers".

Dot Com era

Conway's first fund, Angel Investors I, raised and invested in 1998, generated a 700% return, and his second, raised and invested during 1999, saw a 150% return. Conway invests with SV Angel, his investment firm.[7]

Some Valley observers, notably VentureBeat, have been critical of Ron Conway for his investments during the Internet boom, believing them to be "symbolic of the era’s hubris."[8] Conway developed a reputation for throwing lavish cocktail parties and raising cash from a diverse group of celebrities, sportspeople, and political figures such as Henry Kissinger, Arnold Schwarzenegger, Tiger Woods, and Shaquille O'Neal, which he then ploughed into start-ups.

Conway was embroiled in a conflict with other angel investors in the Angelgate scandal of 2010, and, in 2011, another controversy erupted around rumors of conflicts he had with entrepreneurs.[9]

List of investments

Among Conway's 650[10] or more investments are:

Philanthropy

Civic and Public Health

Conway is active in community and philanthropic activities, serving as Vice Chairman of UCSF Medical Foundation in San Francisco and also as co-chair of the "Fight for Mike" Homer and Creutzfeldt–Jakob disease. He is on the development committees of UCLA, St. Francis High School, Sacred Heart Schools, The UCSF Medical Center in San Francisco, Packard Children's Hospital, Legacy Ventures, and Ronald McDonald House at Stanford. He serves on the Benefit Committee of the Tiger Woods Foundation.[17]

Gun Violence

Conway is on the advisory board of Sandy Hook Promise, a nonprofit organization founded by the parents of the victims of the Sandy Hook Elementary School shooting.

Conway donated $1 million to fund the Firearms Challenge of the Smart Tech Challenges Foundation, a nonprofit organization he founded with the mission to promote firearms safety through technology and innovation.

Politics

Conway was the single largest campaign contributor to Edwin M. Lee in his successful campaign for Mayor of San Francisco in November 2011; Conway raised $600,000 for Lee through independent expenditure committees. Since then questions have been raised about whether Lee has taken actions to benefit companies in which Conway has investments.[18]

In 2014 Conway, along with fellow Airbnb investor Reid Hoffman, donated a total of $685,000[19] to David Chiu in support of Chiu's tightly fought Assembly campaign against current San Francisco supervisor and 2015 Prop F supporter David Campos.[20]

In April 2013, a lobbying group called FWD.us (aimed at lobbying for immigration reform and improvements to education) was launched, with Ron Conway listed as one of the supporters.[21]

In 2012 Conway founded the San Francisco Citizens Initiative for Technology and Innovation, or sf.citi, a 501(c)6 non-profit organization that advocates for the technology community and is involved in a number of public initiatives, and private/public partnerships involving tech companies partnering with public agencies such as the San Francisco Health Dept., the Office of Emergency Management, the police dept., and the school district.[22][23][24]

Conway has voiced opposition to Aaron Peskin as candidate for the Board Supervisors in the 2015 November election. In a fundraising gathering at the law firm Hanson Bridgett, he was reported to have said, "We'd better not have anybody here give to Aaron Peskin, or there'll be problems with Ed Lee". Conway instead urged potential donors to support Julie Christensen. The City's Attorney office has refused to comment on the ongoing investigation of a possible violation of the Political Reform Act.[25]

On 16 October 2016, The Guardian reported Ron Conway "donated $49,999 to a divisive ballot measure intended to clear San Francisco’s streets of homeless encampments, according to campaign filings." [26]

References

-"Ron Conway Stanford Startup School 2012 Part 1 of 3".

  1. Wong, Julia. "Wealthy San Francisco tech investors bankroll bid to ban homeless camps".

External links

Wikimedia Commons has media related to Ron Conway.

Categories:



Ron Conway - Wikipedia

https://en.wikipedia.org/wiki/Ron_Conway

Ronald Crawford "Ron" Conway (born March 9, 1951) is an American angel investor and ... In 2014 Conway, along with fellow Airbnb investor Reid Hoffman, donated a total of ... In 2012 Conway founded the San Francisco Citizens Initiative for .... San Francisco · San Jose State University alumni · California Republicans ...

Ron Conway, Big Tech drop thousands into sleepy SF election - by ...

www.sfexaminer.com/ron-conway-big-tech-drop-thousands-sleepy-sf-election/

May 31, 2016 - It's raining Bitcoin on San Francisco Democrats. ... Class (funded by Airbnb) contributed $20,000; and billionaire tech investor (and big-time ... Conway also directly donated $19,500 to Mark Farrell's DCCC campaign, $5,000 ...

Missing: gop

San Francisco Bay Guardian | ENDORSEMENTS! The case for six ...

www.sfbg.com/.../endorsements-the-case-for-six-progressive-supes-kim-for-state-sena...

Oct 6, 2016 - Wiener supports Airbnb and has not been good on controlling and ..... are even remotely Republicans; on social issues, almost everyone in SF politics ... The mayor's pal Ron Conway and his wife poured about $100,000 into ...

In San Francisco, tech investor leads a political makeover | Reuters

www.reuters.com/article/us-sanfrancisco-conway-idUSBRE89S05F20121029

Oct 29, 2012 - One morning in April, Ron Conway, the billionaire technology investor, sat in a ... Conway, until recently a registered Republican, counts Tiger Woods and ... from Twitter to Zynga to Airbnb; Lee persuades Conway to rally tech ...

Ron Conway: S.F. mover and shaker - SFGate

www.sfgate.com/bayarea/article/Ron-Conway-S-F-mover-and-shaker-3815771.php

Aug 27, 2012 - Conway, a lifelong Republican who switched to decline to state in ... to discuss the matter, though for now Airbnb is on the hook for the tax.

Slick, Misleading TV Ads Paid Off | San Francisco Public Press

sfpublicpress.org/news/costofvotes/2016-08/slick-misleading-tv-ads-paid-off

Aug 18, 2016 - The campaign to defeat Proposition F pitted Lee, Airbnb, real estate interests, tech venture capitalist Ron Conway and some labor unions ... Allied with five supervisors, the Democratic and Republican parties, the Chamber of ...

Airbnb in Disputes With New York and San Francisco - The New York ...

www.nytimes.com/2016/.../airbnb-sues-san-francisco-over-a-law-it-had-helped-pass.htm...

Jun 28, 2016 - But two cities, Airbnb's hometown, San Francisco, and New York, the ... broad anti-Airbnb coalition of Democrats and Republicans, landlords and ... In response, Mr. Conway said in an email that New York City “won't even ...

Ron Conway - Anti-Eviction Mapping Project

www.antievictionmappingproject.net/conway.html

Ron Conway Owns San Francisco ... the business tax rates for tech companies that he invested in such as Airbnb, Twitter, Digg, and Zynga, amongst others.

Missing: gop

The Agenda, 2017: How SF can really fight Trumpism - 48 hills

48hills.org › News + Politics

Dec 18, 2016 - That would make Airbnb listings in SF a bit more expensive; since Airbnb ... and the GOP is going to cut from SF, and would allow the city to prosper, .... but his supporters (i.e. Ron Conway, San Francisco's personal Donald ...

How SF's bill to “legalize Airbnb” became a political grudge match ...

arstechnica.com/.../how-sfs-bill-to-legalize-airbnb-became-a-political-grudge-match/

Nov 4, 2014 - Why have Airbnb investors poured $750k into a California Assembly race? ... big Airbnb investors, LinkedIn founder Reid Hoffman and Ron Conway. ... Campos has tried to portray Chiu as a Republican-lite, a sellout to big ...

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