Obama just reported that he raised $25M to Hilary's $26M in the first quarter:
Obviously, at first blush, she has raised more money, and technically she has. Reading between the lines, though, it seems pretty clear that he is in a better spot and likely eclipsed her fundraising for the primaries. Check it out:
I really like the guy, so I'm biased, but I do think this bodes well for him.
Obviously, at first blush, she has raised more money, and technically she has. Reading between the lines, though, it seems pretty clear that he is in a better spot and likely eclipsed her fundraising for the primaries. Check it out:
- Obama has raised at least $23.5 million for the primary. Hilary has not disclosed how her $26M is broken down between the general election and the primary -- but since donors are capped at $2300 per election (i.e., $4600 total between the general election and primary) and she has had a number of events where she solicited $4600 all at one time, it is likely that she can't tap a significant amount of that money for the primary, which is likely to be extremely important. Unless she quickly announces that she has an amount earmarked for the primaries in response, I think we can assume that it's less than $23.5M.
- Hilary raised her $26M using half the number of donors Obama used. Concentrating donations amongst a smaller group of people + asking for the maximum for both elections up front = a smaller base of willing donors who aren't already maxed out. She might have the best start, but staying power could be an issue for her going forward...
- With Hilary's long-existing fundraising infrastructure, even coming close to her ought to be considered a minor victory for Obama.
- Obama has raised almost $7M over the internet. No event, no face-to-face meeting, just sending money. That's huge.
I really like the guy, so I'm biased, but I do think this bodes well for him.
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