Monday, May 08, 2017

Silicon Valley is 'officially a retirement community for D.C. political vets' starting fresh outside the nation's capital

The L.A. Times reports:
Veterans of high-profile political campaigns and White House administrations such as LaBolt — who in years past would have turned their public-service resumes and connections into jobs as lobbyists on K Street, advisers at Fortune 500 firms or leaders of nonprofits — are increasingly heading west, attracted by the opportunities to put their political skills to use in the technology industry. It can lead to strange bedfellows: Democrats and Republicans who fought each other while working on opposing campaigns find themselves working on shared goals and trying to affect change outside the nation’s gridlocked capital.

It’s a new gold rush — to social media companies, tech start-ups, incubators and key players in the sharing economy.

“Mall shoes. White cars. Buffet specials. Come and get it, this town is now officially a retirement community for D.C. political vets,” said Matt McKenna, who worked for Clinton for nearly a decade of his post-presidency before joining the ride-sharing company Uber and then launching a crisis-communications firm in Sausalito.

Beyond healthy six-figure salaries and better weather than Washington, D.C., the moves make sense — skills developed in politics are in critical demand in the Bay Area and Silicon Valley.
Politics...