Veteran VC resigns from Salesforce Foundation board over CEO's political comments
Briefly

Veteran VC resigns from Salesforce Foundation board over CEO's political comments
"Conway - regarded as the "godfather of Silicon Valley" for his early investments in Google, Airbnb and others - is also a well-known Democratic donor and progressive civic activist. In his resignation email to Benioff he wrote: "It saddens me immensely to say that with your recent comments, and failure to understand their impact, I now barely recognise the person I have so long admired.""
"Benioff's comments, made in an interview with The New York Times, suggested that San Francisco lacked sufficient policing and that federal troops could be needed - remarks that drew immediate backlash from city officials, civic leaders and progressive donors. Mayor Daniel Lurie, among others, countered that homicides were at a 70-year low and drug-related deaths had declined - undercutting the notion of civic breakdown implied by federal troop deployment."
Ron Conway stepped down from the Salesforce Foundation board after CEO Marc Benioff expressed support for former President Donald Trump and the possible deployment of National Guard troops to San Francisco. Conway cited Benioff's comments and a perceived failure to understand their impact, saying he barely recognized the person he once admired. Conway is a prominent tech investor, Democratic donor and progressive civic activist. Benioff said San Francisco lacked sufficient policing and federal intervention could be needed, prompting backlash from city officials and civic leaders. Mayor Daniel Lurie noted homicides are at a 70-year low and drug-related deaths have declined. The resignation raises reputational and leadership-alignment questions for the Salesforce Foundation and its nearly $400 million in assets.
Read at Business Matters
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