Mike Bloomberg is a highly accomplished individual and has a long history of success spanning business, politics, and philanthropy. He rose to fame as the majority owner and co-founder of Bloomberg L.P., an innovative financial technology and media company that revolutionized the way people access markets information around the world. Mike then went on to become Mayor of New York City, serving from 2002 to 2013. His time in office was marked by significant advances in the areas of education, public health, and infrastructure development. Mike Bloomberg also ran for the 2020 Democratic nomination for President of the United States. In addition to his business and political achievements, Mike is an active philanthropist who has donated over $8 billion to causes like global health, the environment, and education. Mike Bloomberg currently serves as chair of the Defense Innovation Board (DIB), an independent advisory board that provides recommendations on artificial intelligence, software, data and digital modernization to the United States Department of Defense. Mike Bloomberg has proven to be a leader in multiple facets of society and continues to make an impact on the world today.
Hawkfish, the Mike Bloomberg-funded tech company that helped his and later Joe Biden’s 2020 election campaigns, is set to shut down in May 2021. This news comes as part of a larger retrenchment from major Democratic donors in the aftermath of the 2020 general election. The company was founded by Bloomberg in 2019 with a focus on data and analytics, and was the driving force behind targeted digital ad campaigns in key battleground states during the presidential election. Hawkfish CEO Josh Mendelsohn stated that the company will “leave a legacy of expertise” as it winds down operations this month.
This move follows similar decisions from other high-profile Democratic donors such as George Soros and the Steyer brothers, who have recently closed their political action committees. It is not yet clear if there will be a new tech provider to fill the void left by Hawkfish’s closure in the near future. Nonetheless, this news has already created shockwaves within the Democratic donor community and may spell trouble for Joe Biden’s reelection campaign in 2024.
Overall, the shutting down of Hawkfish in May 2021 marks a significant change in the landscape of Democratic donor involvement. As the company winds down its operations, there is uncertainty regarding who will replace them and whether or not this could have a major effect on Joe Biden’s reelection campaign. This news comes as Bloomberg-funded political tech companies are being phased out, raising questions about the future of digital ad campaigns and data analytics. For now, all eyes will be on this political development as we await further news in the coming months.