mark-gorenblad

The success of the startup Obama, the 100-word version

Jackson West · 05/26/08 05:00PM

Barack Obama's campaign for president has raised a staggering $200 million from contributors through the Web, tapping Valley talent like Facebook co-founder Chris Hughes and Mark Gorenberg, a VC with Hummer Winblad. Obama has surpassed fundraising efforts by his primary opponent Hillary Clinton, even though she's raised more money for her campaign than her husband, former President Bill Clinton, ever did in winning an election. And he's doing it under the rules put in place by the Republican candidate, John McCain, under the McCain-Feingold campaign finance reform law. You can read all the details in The Atlantic's 5,243-word feature by Joshua Green, but a summary, 98-word paragraph is all you need to read.