Skip to main content
Tags: twitter | super pac | defeat by tweet | silicon valley

Dem Super PAC to Raise Money off Trump Tweets

computer screen displaying donald trump's twitter homepage
(Dreamstime)

By    |   Friday, 26 June 2020 07:45 AM EDT

A group of wealthy Democrats led by a Silicon Valley executive is launching a super PAC that aims to raise money for left-leaning causes based on how often President Donald Trump tweets.

According to CNBC, Defeat by Tweet will launch its website on Friday. The platform will allow donors to set up recurring contributions to the group each time Trump posts on his Twitter account. The money raised will go toward criminal and social justice reform groups and organizations that urge people to vote.

Defeat by Tweet will also reply to each Trump tweet with a receipt of how much money was raised from the post.

Complete Labs CEO Xander Schultz is the man behind the effort, and he has recruited several other wealthy individuals in the technology and financial spaces to come on board — a list that includes billionaire and former hedge fund manager Mike Novogratz.

"It's all about funding these groups that help finance and organize for those down-ballot races," Novogratz told CNBC. "The single best thing to help criminal justice reform is to actually invest in these races. That's how people get to the ballot box and more than likely those people will also vote against Trump."

Twitter has begun to crack down on Trump's tweets that it says either glorify violence, contain false and/or unverified information, or violate other parts of its community rules by flagging them with disclaimers.

© 2025 Newsmax. All rights reserved.


Politics
A group of wealthy Democrats led by a Silicon Valley executive is launching a super PAC that aims to raise money for left-leaning causes based on how often President Donald Trump tweets. According to CNBC, Defeat by Tweet will launch its website on Friday. The platform will...
twitter, super pac, defeat by tweet, silicon valley
236
2020-45-26
Friday, 26 June 2020 07:45 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved