Reddit Founder Offers to Pay for Andrew Yang’s $1,000 a Month Cash Raffle

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Democratic presidential candidate and former tech executive Andrew Yang speaks during the Democratic Presidential Debate at Texas Southern University's Health and PE Center on September 12, 2019 in Houston, Texas.

Democratic presidential candidate and former tech govt Andrew Yang speaks throughout the Democratic Presidential Debate at Texas Southern College’s Well being and PE Heart on September 12, 2019 in Houston, Texas. Win McNamee/Getty Pictures

Democratic presidential candidate Andrew Yang kicked off his third TV debate in Houston on Thursday night time in an surprising manner. In his opening assertion, Yang mentioned his marketing campaign group would raffle off a $1,000 per 30 days “Freedom Dividend,” for one 12 months, for 10 individuals—as a take a look at run of his signature common primary earnings coverage.

The announcement nearly instantly sparked dialogue on whether or not that is even authorized, as a result of Yang mentioned the raffle can be funded by his donor cash. However fear no extra, as a result of Yang’s money giveaway struck a twine with a few of his rich tech-world supporters, together with Reddit co-founder and enterprise capitalist Alexis Ohanian, who supplied to pay for the raffle, $120,000 in complete, if Yang couldn’t himself.

SEE ALSO: Reddit Co-Founder Alexis Ohanian Says Social Media Has Peaked

“Hey Andrew Yang, I like this idea so much I’ll do it personally for those 10 people if you can’t,” Ohanian tweeted Thursday night time.

Hey @AndrewYang I like this concept a lot I am going to do it personally for these 10 individuals if you cannot.

We discuss the way forward for AI typically at @Initialized — our nation wants to begin exploring methods to adapt to the large automation shift that is already taking place. https://t.co/Q952shkWfs

— Alexis Ohanian Sr. 🚀 (@alexisohanian) September 13, 2019

Though Yang shouldn’t be (but) thought-about a frontrunner within the unprecedentedly crowded Democratic race, he enjoys fairly a big following among the many tech group and has scored a number of big-name endorsements, together with Tesla CEO Elon Musk and Twitter CEO Jack Dorsey.

Jack Dorsey additionally donated. Extra individuals be a part of the #YangGang on a regular basis. 👍

— Andrew Yang (@AndrewYang) April 16, 2019

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