Two San Francisco billionaires who were on opposite sides of a heated mayor’s race not two years ago and spent $1.5 million to defeat candidate Daniel Lurie have become the mayor’s backing buddies, and are bankrolling his agenda.
Michael Moritz, a venture capitalist and chairman of the San Francisco Standard, and Chris Larsen, CEO of cryptocurrency company Ripple, and his wife, Lyna Lam, have pledged more than any other individuals to support Mayor Lurie’s electoral priorities this year. Collectively, they have pledged over $4 million, the bulk of that going towards Lurie’s charter-reform efforts.
They’re part of nearly 100 donors who have pledged a total of $8.3 million to fund measures and candidates backed by Lurie on the ballot in San Francisco this year…