Michael Moritz sank millions into losing S.F. races. What happened?
Michael Moritz's significant financial contributions to San Francisco's political landscape have led to unexpected defeats in the recent elections. His support for Proposition D, which aimed to reduce city commissions from 130 to 65, has not garnered the anticipated voter support, with early results showing a 45% to 55% loss. Despite spending $9. 5 million on Prop. D, it has been criticized as a poorly executed campaign, with quotes from strategists indicating that millions were "flushed down the toilet.
" Furthermore, Moritz's chosen candidate, Mark Farrell, is struggling in the mayoral race, currently sitting fourth, trailing behind progressive candidate Aaron Peskin and leading contender Daniel Lurie. The cumulative spending on both Prop. D and Farrell's campaign totals nearly $15 million, marking one of the most expensive election efforts in recent San Francisco history. Experts suggest that the failure of these initiatives could signify a crucial turning point for TogetherSF and Moritz's influence in the political arena. The article ultimately reflects on how Moritz's campaigning style may have alienated potential supporters, raising questions about the effectiveness of high-dollar political contributions in local elections.