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Acronym group that sabotaged Iowa caucus birthed by billionaire who funded Alabama disinformation campaign

Silicon Valley billionaire Reid Hoffman funded the creation of ACRONYM, the group that sabotaged the Iowa caucus results, after bankrolling voter manipulation campaigns including the notorious online “false flag operation” in Alabama’s 2017 senate race.

by Max Blumenthal

Part 2 - ‘Laying the groundwork to usurp the D.N.C. entirely’

Having fostered friendships with nationally known Silicon Valley oligarchs like right-wing libertarian Trump supporter Peter Thiel and Mark Zuckerberg of Facebook, Reid Hoffman, the founder of LinkedIn, is now making his name as a top sugardaddy of the Democratic anti-Trump resistance.

Following Trump’s election in 2016, Hoffman plowed his money into an array of new Democrat-aligned social media groups through a funding hub he founded called Investing in US.

To run Investing in US on a day-to-day basis, Hoffman tapped Dmitri Mehlhorn, a venture capitalist and political strategist accustomed to walking the line between the corporate world and Democratic Party.

There was no risk-capital or growth-capital arm of the resistance, and so that is what we’ve tried to build,” Mehlhorn told Vanity Fair. “Now, in terms of what that implies, that implies that we are backing founders, so people who we think have big, potentially game-changing ideas.

Mehlhorn’s career path tracked closely with neoliberal party favorites like Pete Buttigieg and Cory Booker. He studied at Harvard’s Kennedy School of Government, launched his career at McKinsey Associates, and became a leading advocate for school privatization as the chief operating officer of Michelle Rhee’s StudentsFirst.

According to Mehlhorn’s bio, he sits on the board of American Prison Data Systems, a company that claims to reduce recidivism by giving prisoners tablets to study coding for five hours a day.

Mehlhorn is also an advisor to the Democratic group DigiDems, which Pete Buttigieg’s 2020 presidential campaign paid $1,540 for technology services.

In a 2018 Medium post, announcing the “founders” that Investing in US planned to back, Mehlhorn resorted to distinctly neoconservative talking points to emphasize the mission of his organization.

After quoting Ronald Reagan, he declared, “Trump and his movement, borrowing heavily from other authoritarian criminals such as Hugo Chavez and Vladimir Putin, promised to hollow out America’s principles in favor of his own personal enrichment.

Pledging to “inoculate our politics and our economy against corruption, white nationalism, and mass deceit,” Mehlhorn announced major donations to “diverse groups” with names like Woke Vote, PushBlack, and an “anti-Nazi” organization known as Integrity for America.

Among the top recipients of support from Investing in US was McGowan’s Acronym, which Mehlhorn described merely as a “media group.

As The Grayzone reported, Acronym has ballooned since its founding into a massive dark money operation, even launching a Super PAC dubbed Pacronym that has raked in money from hedge fund billionaires like Seth Klarman and Donald Sussman.

What Mehlhorn and Hoffman never disclosed to the public, however, was their support for a Democrat-aligned group that waged a covert online disinformation campaign which aimed to influence the outcome of the 2017 special senate election in Alabama.

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