Ad misleads on Democratic candidate's venture capitalist past
A Republican campaign committee is running a TV advertisement that implies California House Democratic candidate Josh Harder took part in business decisions as a venture capitalist that raised health care premiums and exposed consumers’ personal information.
The ad by the Congressional Leadership Fund attacks Harder based on his former work as a venture capitalist at Bessemer Venture Partners, a company that has invested in hundreds of companies. Harder is challenging Republican Rep. Jeff Denham, who represents the 10th congressional district centered around Modesto.
The ad specifically links Harder to decisions made by the companies Bright Health, a health insurance company, and LifeLock Inc., an identity theft protection company.
San Francisco venture capitalist Josh Harder isn’t like us. Harder got rich by investing millions in a health care company that jacked up rates on consumers. What’s worse? Another company Harder’s firm invested in was fined over $100 million for false advertising and failing to protect consumer information like social security numbers, credit cards and bank accounts.
Read more: https://www.sacbee.com/site-services/newsletters/capitol-alert-newsletter/article220579130.html
