🚨 NEWS —

One of Democrats' top startups this cycle was a company called Alloy, backed with $35 million in part from mega-donor Reid Hoffman.

But then over just 96 hours, Alloy absolutely imploded.

It's a crazy story. We go inside the final days. https://www.vox.com/recode/22175186/alloy-drama-reid-hoffman-democratic-data-startup
Two weeks after Election Day, the Democratic startup Alloy fired four employees.

48 hours later, 25 of their colleagues erupted in revolt and wrote a letter to the board.

48 hours after that, the board shut down the entire company.

96 hours total. https://www.vox.com/recode/22175186/alloy-drama-reid-hoffman-democratic-data-startup
We've got the letter from Alloy employees to the company's board, including aides to Reid Hoffman.

“Trust has been damaged."

"The explanation given for these organizational changes and terminations feels inadequate at best. And at worst, disingenuous.” https://www.vox.com/recode/22175186/alloy-drama-reid-hoffman-democratic-data-startup
Here's what one of the Democratic Party's biggest donors — Reid Hoffman — is thinking.

https://www.vox.com/recode/22175186/alloy-drama-reid-hoffman-democratic-data-startup
Interesting thread here from an Alloy employee on the state of Democrats' data efforts.

It's true that doing apples-to-apples comparisons are hard and that there is a lot we don't know about Democrats and Republicans given our campaign-finance system. https://twitter.com/rkbarney/status/1338933394097369088?s=20
You can follow @teddyschleifer.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.