Tech is betting on a former executive in the race for California governor
Summary
Matt Mahan, the mayor of San Jose and a former tech executive, is running for governor of California as a moderate Democrat. He has received significant support and funding from tech leaders but faces criticism from labor unions and some Democrats concerned about his ties to the tech industry.Key Facts
- Matt Mahan entered the California governor’s race in January 2026.
- He is a 43-year-old former tech executive and current San Jose mayor.
- Mahan has raised more campaign money in three months than many rivals running longer.
- Tech leaders have heavily backed Mahan, including funding a Super Bowl ad for him.
- He opposes a proposed billionaires’ tax, which some wealthy residents say could prompt them to leave California.
- Labor unions and some Democrats question Mahan’s ability to regulate big tech fairly.
- Mahan supports taxing AI companies to fund workforce training programs.
- His rivals include Democrat Tom Steyer, who is largely self-funding his campaign.
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