Prominent Indian American venture capitalist Vinod Khosla, will be hosting a big fund-raising reception at his home in Portola Valley, California, for US President Joe Biden when the latter visits Silicon Valley next week. The event, scheduled to be held next Friday, has contribution ticket prices in the range of $6,600 to $100,000.
“Khosla, a friend of mine for several decades, is not necessarily a political person but he felt this election was so important that he should host President Biden with his wife during their visit to Silicon Valley,” Dinesh Sastry, who is one of the organisers of the event and member of the Biden Victory Fund, told the Times of India.
He added that, so far in the current election cycle, the Indian American community has been relatively quiet on the Democratic presidential campaign and the event hosted by Khosla will be the first big fund raiser. “Khosla is not a particularly political person and the only big political events he has attended in the past were meetings with former Indian Prime Minister Atal Bihari Vajpayee during his visit to Washington DC in 2000. Later in 2003, Khosla had accepted my invitation to meet 10 Democratic senators to discuss taxes on stock options for Silicon Valley company executives & employees,” Sastry said.
Though the list of confirmed attendees is not yet available, some of the doyens of the Indian American community including entrepreneurs, venture capitalists and academicians such as Kailash Joshi; Kanwal Rekhi; Suhas Patil; K.B. Chandrasekhar and Sabeer Bhatia have been invited to Khosla’s fund raising event.
Khosla, co-founder of Sun Microsystems and founder of venture-capital firm Khosla Ventures, is known to have been a Democratic political donor and has, reportedly, contributed $1.4 million in the current campaign for the presidential elections scheduled for November this year, according to records with the Federal Election Commission.
“Khosla, a friend of mine for several decades, is not necessarily a political person but he felt this election was so important that he should host President Biden with his wife during their visit to Silicon Valley,” Dinesh Sastry, who is one of the organisers of the event and member of the Biden Victory Fund, told the Times of India.
He added that, so far in the current election cycle, the Indian American community has been relatively quiet on the Democratic presidential campaign and the event hosted by Khosla will be the first big fund raiser. “Khosla is not a particularly political person and the only big political events he has attended in the past were meetings with former Indian Prime Minister Atal Bihari Vajpayee during his visit to Washington DC in 2000. Later in 2003, Khosla had accepted my invitation to meet 10 Democratic senators to discuss taxes on stock options for Silicon Valley company executives & employees,” Sastry said.
Though the list of confirmed attendees is not yet available, some of the doyens of the Indian American community including entrepreneurs, venture capitalists and academicians such as Kailash Joshi; Kanwal Rekhi; Suhas Patil; K.B. Chandrasekhar and Sabeer Bhatia have been invited to Khosla’s fund raising event.
Khosla, co-founder of Sun Microsystems and founder of venture-capital firm Khosla Ventures, is known to have been a Democratic political donor and has, reportedly, contributed $1.4 million in the current campaign for the presidential elections scheduled for November this year, according to records with the Federal Election Commission.