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Happy Tuesday, welcome back to The Stratosphere.
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Today, I’ve got a potpourri of items from around Silicon Valley and Washington—new reporting on the political moves of Marc Andreessen, the friends who can broker an introduction to MacKenzie Scott, the billionaire host behind the hottest party of the weekend, and an interview with the provocative and influential Democratic donor-adviser, Dmitri Mehlhorn.
But first…
- Venture capitalists Keith Rabois and David Sacks are staging a big blowout event for Republican Senate candidates next month, according to an invite passed my way. Nine G.O.P. hopefuls will be at the Miami home of Rabois and husband Jacob Helberg on the evening of September 15: Mehmet Oz, Blake Masters, J.D. Vance, Marco Rubio, Adam Laxalt, Ted Budd, Joe O’Dea, Tiffany Smiley and Chuck Grassley. Tickets run from $1,000 to $50,000. Sacks and Rabois continue...
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Andreessen’s Politics, MacKenzie’s Network, & the Left’s MVP |
A candid conversation with Dmitri Mehlhorn, the Democratic donor insider, about Trump, Cheney, 2024, and beyond. Plus, the latest dish surrounding Silicon Valley’s most important V.C., MacKenzie Scott’s friends, and the hottest party this weekend in Los Angeles. |
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Donor-advisers, the arcane and erudite term of art for the elite fixers of the ultra-high-net-worth crowd, have underappreciated power in politics. People like Miriam Adelson or George Soros don’t have time to whip the party committees—that’s why they have Andy Abboud and Michael Vachon. (Indeed, one reason I’m skeptical of Elon Musk’s political ambitions is that he hasn’t yet hired a political fixer of his own.) But no other individual donor-advisor on the left comes close to being as provocative as Dmitri Mehlhorn, the political muscle behind Reid Hoffman, and a growing sphere of influence himself.
Mehlhorn, who entered politics after a decade at GLG and then some years fighting the teachers’ unions at various advocacy groups, quickly achieved first-name status within elite Democratic circles—not always for the right reasons, as he made fierce defenders and fierce critics alike. While Dmitri isn’t always speaking for Hoffman, he is, without a doubt, one of the most powerful people in the Democratic donor world—playing host, for instance, to a 2020 donor table that featured Biden officials and helped steer big money behind the scenes to super PACs and dark-money groups. (Mehlhorn advises other donors besides Hoffman, but doesn’t disclose them.)... |
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FOUR STORIES WE'RE TALKING ABOUT |
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$4.5B Crypto Heist |
The crypto boom unleashed a tidal wave of ingenuity from Wall Street to Hollywood—and now come the lawsuits. |
ERIQ GARDNER |
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Brangelina’s Last Stand |
Peter and Eriq unpack his mega-scoop about Jolie’s lawsuit to pin Pitt to the wall. |
PETER HAMBY & ERIQ GARDNER |
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Cinemapocalypse Now |
Struggling cinemas are dabbling with reinvention, meme-stock nonsense, and Chapter 11. |
MATTHEW BELLONI |
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