Larry Lessig Launches Crowdfunded SuperPAC To Try To End SuperPACs

from the fighting-superpacs-with-superpacs dept

Larry Lessig is thinking big (as per usual) and taking a "moonshot." Today he announced the launch of the MAYDAY Citizens' SuperPAC, in which he's hoping to crowdfund $1 million to help elect people to Congress who will help reform the political system to try to take money out of politics -- basically a SuperPAC to end all SuperPACs. This project has an interesting twist on traditional crowdfunding: nothing will happen if the goal isn't met, but if it is, then two interesting things will happen: a matching donation and a second round, seeking $5 million:
We’ve structured this as a series of matched-contingent goals. We’ve got to raise $1 million in 30 days; if we do, we’ll get that $1 million matched. Then we’ve got to raise $5 million in 30 days; if we do, we’ll get that $5 million matched as well. If both challenges are successful, then we’ll have the money we need to compete in 5 races in 2014. Based on those results, we’ll launch a (much much) bigger effort in 2016 — big enough to win.

The ultimate aim is to spend enough to win a majority in Congress committed to fundamental reform by 2016. We’ve spent the last year gaming out how much that would cost. I think it is feasible and possible — if we can take these first steps successfully now.
Lessig has put together a video explaining all this as well:
This whole thing is wildly ambitious, which means it has a high likelihood of failure -- but if it succeeds, think of the impact it could have. If you're an American citizen, you can contribute here and help see if this moonshot is possible.

Reader Comments

Subscribe: RSS

View by: Time | Thread


  1. icon
    Coyne Tibbets (profile), 1 May 2014 @ 7:02pm

    Fighting fire with fire?

    I understand the principle of fighting fire with fire...in firefighting. Burning the fuel in advance of an approaching fire line is very effective.

    I don't exactly see how that works here, though. Wouldn't we just wind up with a bigger fire?

Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Use markdown for basic formatting. HTML is no longer supported.
  Save me a cookie
Follow Techdirt
Insider Shop - Show Your Support!

Advertisement
Report this ad  |  Hide Techdirt ads
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Chat
Advertisement
Report this ad  |  Hide Techdirt ads
Recent Stories
Advertisement
Report this ad  |  Hide Techdirt ads

Close

Email This

This feature is only available to registered users. Register or sign in to use it.