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American History 1988

``` Debt, economic decline, immigration; hippies, anti-government, freedom. At the end of the 1980s, a wave of change encompassed a country boy from the Rust Belt. As the gate for upward mobility was on the verge of closing, he struggled to move forward. College, Silicon Valley, entrepreneurship; HP, Apple, Microsoft. To become part of the 1%, or even 0.1%, he sacrificed a lot, but also gained a lot. ```

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385 Chs

Chapter 212 The First IPO Valuation

The $200,000 check was, of course, "soft money," which would enter the Clintons' own foundation through less obvious channels.

Typically, these funds have nice names like the "American Health Transformation Foundation."

Then these non-profit organizations take the money to shoot campaign advertisements for the candidate.

All of the above is legal and legitimate in America; that's the role of "soft money."

Of course, for the Clintons right now, two hundred thousand dollars is absolutely a huge sum.

Not to mention the general election, Clinton doesn't even have such a firm grasp within his own party, let alone donations from voters.

Now, with a speech less than half an hour, they have received a generous return in Silicon Valley.

Clinton's performance exceeded Silicon Valley's expectations, and Silicon Valley's gains exceeded Clinton's.

Of course, they know who the real backers are and what kind of response they should give.