Tech IPOs take a break


The pandemic and protests have accelerated the boom in online political defense. With public relations “moving at the speed of Twitter” and a “new citizen on the rise,” businesses are increasingly taking their messaging and lobbying efforts internally and online, Jeb Ory, CEO of the company, told DealBook Phone2Action public affairs platform.

Phone2Action acquired KnowWho government directory, Mr. Ory revealed to us. (Terms of the deal were not disclosed.) It follows last month’s acquisition of the GovPredict issue tracking platform. These agreements link advocacy software with a database of officials and policy monitoring tools. “It was a different world” in 2012 when its co-founder, Dr. Ximena Hartsock, proposed to create software to connect lawyers and lawmakers, but within a few years the “disruptive” tech companies started using the tool: Airbnb , Lyft and Uber are all customers

  • Phil Minardi, chief of public relations at Expedia, said the company was involved in the “hyperlocal” digital defense when it acquired the HomeAway vacation rental business and uses Phone2Action to “deliver real stories” to officials before they draft new regulations. .

Lobbying is “very misunderstood” said Bruce Brownson, founder of KnowWho (and the son of a former congressman who started a congressional directorate in the 1960s). Some consider the $ 3 billion a year industry is a corrupting influence, but lawmakers have always looked for ways to garner input from voters. The effects of this request can be seen in other recent agreements, such as the FiscalNote government intelligence dashboard raising $ 160 million.


The final debate in our DealBook DC Policy Project series is about the prospects for environmental standards and regulations under a new administration. We have assembled a panel of experts from the public, private and non-profit sectors, moderated by Coral Davenport of the Times.

Rostin Behnam, a commissioner of the Commodity Futures Trading Commission, said that “climate change poses a serious risk to the stability of the US financial system,” but potential solutions also include “very exciting” investment opportunities. Industry speakers explained how they are renovating their operations, with and without government help, including Chris Adam by Danone, Lucas Joppa by Microsoft, Kathleen McLaughlin by Walmart e Ariel Meyerstein of Citta.

Catherine Coleman Flowers the Center for Rural Enterprise and Environmental Justice e Varshini Prakash of the Sunrise Movement stressed the importance of climate policy for historically disadvantaged communities and young people. IS Rajiv Shah, the president of the Rockefeller Foundation, said he expects renewed global cooperation on climate policy when Joe Biden takes office, “alongside the leadership of large corporations and large financial institutions.”

About Myra R.

Myra R.

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