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www.vox.com: Mike Bloomberg’s data firm for Democrats is closing

Read Full Article Here: https://www.vox.com/recode/2021/2/5/22268692/hawkfish-closure-mike-bloomberg-democrats-data

Hawkfish, the data and tech firm started by Mike Bloomberg and backed with tens of millions of dollars from the billionaire, is shutting down.

It’s the latest retrenchment from major Democratic donors in the aftermath of the 2020 election.

Bloomberg and other wealthy mega-donors had dedicated their fortunes in the Trump era to helping the party modernize its digital apparatus and data modeling.

Hawkfish’s decision follows a similar move at Alloy, a Democratic data firm backed with tens of millions from Silicon Valley donors like Reid Hoffman.

To some Democrats, the decisions by the billionaire-funded outside groups to shutter speaks to how the Democratic Party establishment itself has evolved.

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