Democrats Transform Their Fundraising Game

First Read: “The Dems’ bundler model (whereby candidates race to get maxed-out checks from donors) has been replaced by the ActBlue model (where they hunt for small-dollar donors over the internet).”

“This transformation — at least for the first quarter — has resulted in less overall money.”

“In the first quarter of 2007, the Top 6 Dem candidates (Obama, Clinton, Edwards, Biden, Richardson, Dodd) raised a combined $85 million, led by Obama and Clinton at about $25 million each. Yet in the first quarter of 2019, the Top 7 Dem candidates so far (Sanders, Harris, O’Rourke, Buttigieg, Warren, Klobuchar, Booker) have raised a combined $63 million.”

“But the transformation also has resulted in many more small donors, who can donate again. And again. And again.”