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Silicon Valley Flexes Political Muscle

May 22, 2009
by David Gelles
FT.com

David Gelles

Silicon Valley lore has it that in 1996, when prominent technology venture capitalist E. Floyd Kvamme tried to arrange a meeting with presidential candidate Bob Dole, all he got was 15 minutes in a holding room at the San Jose airport.

Much has changed since then. The headquarters of Google (GOOG) and Yahoo (YHOO) are now requisite stops on the campaign trail, and money made from technology companies flows freely towards Washington and Sacramento.

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