Some Silicon Valley leaders, led by Facebook CEO Mark Zuckerberg, are looking to form their own SuperPAC to tackle a variety of issues in Washington.
According to sources quotes by the San Francisco Chronicle, Zuckerberg has already pledged as much as $20 million into the new group - and has already gotten others to pledge a few million dollars of their own.
The group looks to be leaning heavy to the right (at least in its initial leadership), according to the reports. The group will include a well-known Republican strategist, Jon Lerner, who is tied to Grover Norquist (of the no tax pledge) as well as Rob Jesmer, who previously worked with Republican Senator John Cornyn. Apparently, the whole thing was set into motion by Zuckerberg's old Harvard roommate Joe Green (co-founder of Causes and NationBuilder).
As you may remember, Zuckerberg was among 100 tech presidents, CEOs, and chairmen who penned a letter to President Obama and Congressional leadership earlier this month asking for them to move on comprehensive immigration reform. They argued that immigrant entrepreneurs have founded thousands of companies, and that our outdated system is forcing out highly-skilled, great minds. Basically, better immigration policy is good for business.
The letter was also signed by Google Chairman Eric Schmidt, HP CEO Meg Whitman, and Yahoo CEO Marissa Mayer.
This new SuperPAC won't be an immigration-minded entity, however. Sources say that the group's focus will be "more far-ranging and deal with an agenda of topics related to economic growth and vitality."
Zuckerberg, who up until recently had not made huge waves in the political arena, hosted a big fundraiser for Republican Governor of New Jersey Chris Christie as his Palo Alto home.