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Money winners of 2008: Barack Obama, king of fundraising

Sheldon Liber — Mon, 15 Dec 2008 09:35:00 EST

Filed under: Management, Internet, Rants and Raves, Competitive Strategy, Politics, Presidential Elections

This post is part of our feature on Money Winners of 2008. See all 20.

Barack Obama became the king of fund raising in 2008, having received a record amount in donations for his presidential campaign in the neighborhood of $750 million, and finishing with over $100 million in the bank. These contributions factored into a winning, grass-roots campaign strategy.

Actually he used a two-prong approach that enabled him to tap into the existing Democratic fund-raising machine attracting large donors through various traditional means, such as banquets and A-list parties. At the same time he was able to play the role of outsider and underdog to rally his grass-roots support among the young and commonly disenfranchised, handshake by handshake, and through a very adept use of the internet. The internet provided a constant source of connectivity with his followers, and allowed his team to respond to any news item with immediacy.

Now, president-elect Obama will be hoping to continue to amaze as he is tasked with guiding a devastated economy on the brink of collapse back to some semblance of equilibrium.

Continue reading Money winners of 2008: Barack Obama, king of fundraising

Money winners of 2008: Barack Obama, king of fundraising originally appeared on BloggingStocks on Mon, 15 Dec 2008 09:35:00 EST. Please see our terms for use of feeds.

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eBay (EBAY)'s outgoing CEO jumps into politics

Michael Fowlkes — Mon, 17 Mar 2008 16:31:00 EST

Filed under: Management, eBay (EBAY), Politics, Presidential Elections

Over the past ten years, eBay (NASDAQ: EBAY)'s CEO, Meg Whitman, has had a love / hate relationship with eBay users. No matter what your personal thoughts are regarding Whitman, you have to give it to her; she did take eBay to levels no one would have dreamed possible just ten years ago.

Well, her tenure at eBay is coming to an end, and her next move is into politics, working high up in Senator John McCain's Presidential campaign.

Back in January, Whitman announced that she would be stepping down from eBay to pursue philanthropy and politics, and her first big step is going to be serving as co-chair of Senator McCain's national presidential campaign.

While we still have not reached the point of McCain being announced the official Republican candidate for the upcoming election, it is all but a forgone conclusion that McCain is going to be the Republican's choice for November's pivotal election in America. After a rocky eight years with George Bush running the show, the Republicans are definitely going to have their hands full with this year's election, and Whitman is coming on board to have a leading role in the campaign's financing and policy development.

Continue reading eBay (EBAY)'s outgoing CEO jumps into politics

eBay (EBAY)'s outgoing CEO jumps into politics originally appeared on BloggingStocks on Mon, 17 Mar 2008 16:31:00 EST. Please see our terms for use of feeds.

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