Joe Biden
👤 PersonAppearances Over Time
Podcast Appearances
And then hopefully some actors around get together and help change the gravitational pull of this system a little bit as we go into the next cycles.
Yes, it is especially problematic when campaigns that are having a great moment and make decisions about their budget around the money that they're raising right now. encounter a moment where that slows, you wind up chasing, right? And I think this is something that we've seen in different primaries and general elections over the last few cycles.
Yes, it is especially problematic when campaigns that are having a great moment and make decisions about their budget around the money that they're raising right now. encounter a moment where that slows, you wind up chasing, right? And I think this is something that we've seen in different primaries and general elections over the last few cycles.
And it's something where if you have internally given your fundraising or your fundraising team has accepted a goal of X and they see that they're only going to get to 80% of X, a lot of campaigns don't have enough of a checks and balances on their strategy for fundraising and how it works.
And it's something where if you have internally given your fundraising or your fundraising team has accepted a goal of X and they see that they're only going to get to 80% of X, a lot of campaigns don't have enough of a checks and balances on their strategy for fundraising and how it works.
connects to their actual budget and money spent, that you wouldn't actually have people go out and try to spend $1.20 to raise $1 to hit a goal number.
connects to their actual budget and money spent, that you wouldn't actually have people go out and try to spend $1.20 to raise $1 to hit a goal number.
And not that people would even necessarily do that intentionally, but just because of how you've instrumented your system of where you spend money to raise it, you are over-predicting what the dollar you spend to bring in a dollar of donation is going to be. And so you wind up holding the bag at the end. So in a sense, you have spent too much money to raise too much money.
And not that people would even necessarily do that intentionally, but just because of how you've instrumented your system of where you spend money to raise it, you are over-predicting what the dollar you spend to bring in a dollar of donation is going to be. And so you wind up holding the bag at the end. So in a sense, you have spent too much money to raise too much money.
You should have just settled for raising slightly less money. MARK BLYTH, JR.
You should have just settled for raising slightly less money. MARK BLYTH, JR.
I think if you're talking about campaigns specifically, investing in the candidates who are giving their time to you is a good filter for me. So candidates who are spending time speaking with you and producing content for you that isn't asking you for money is an important part of the equation.
I think if you're talking about campaigns specifically, investing in the candidates who are giving their time to you is a good filter for me. So candidates who are spending time speaking with you and producing content for you that isn't asking you for money is an important part of the equation.
And so if you see a candidate who's spending time engaging grassroots folks in ways that are about more than money, And fundraising, that it's about organizing, that it's about policy, that it's about narrating what's going on in the campaign or what's going on in politics generally. Those are the campaigns that usually are going to be good and in good places to go.
And so if you see a candidate who's spending time engaging grassroots folks in ways that are about more than money, And fundraising, that it's about organizing, that it's about policy, that it's about narrating what's going on in the campaign or what's going on in politics generally. Those are the campaigns that usually are going to be good and in good places to go.
I think also folks who are building organization on the ground, like... It is not easy to be a field organizer, as you know from all these years ago. It is not a lucrative thing to go work on a campaign as an early job or even as a job later in life if you're taking a break from whatever else you're doing. The difference between being able to
I think also folks who are building organization on the ground, like... It is not easy to be a field organizer, as you know from all these years ago. It is not a lucrative thing to go work on a campaign as an early job or even as a job later in life if you're taking a break from whatever else you're doing. The difference between being able to
hire one more person to just scratch out like a good busy work week for a campaign is such a big deal and just not that much money in the scheme of things. And so folks who are hiring and doing real organizing on the ground, those are the campaigns that I would give the extra dollar to.
hire one more person to just scratch out like a good busy work week for a campaign is such a big deal and just not that much money in the scheme of things. And so folks who are hiring and doing real organizing on the ground, those are the campaigns that I would give the extra dollar to.
campaigns and candidates are living and dying by what they can predict they're going to be able to spend.