Sep 16, 2019

Andrew Yang campaign says UBI raffle netted 450,000 entries in 72 hours

Entrepreneur Andrew Yang. Photo: Win McNamee/Getty Images

Andrew Yang's 2020 presidential campaign told Politico on Monday that more than 450,000 people entered its universal basic income raffle, raising $1 million in the 72 hours after Yang's appearance in last week's third Democratic debate.

Why it matters: Yang raised $2.8 million during the second quarter, making the contest, which will give 10 families $120,000 over a year, a huge boon for his fundraising efforts.

  • Politico also reported that 90% of the entrants to the contest provided email addresses that were not previously on Yang's list and that he gained the most Twitter followers of any candidate during the debate.

Yes, but: Yang's contest could potentially run afoul of FEC rules that prohibit campaign funds from being used on "personal expenses." However, the agency likely will not be able to investigate the situation because it is virtually shut down after the resignation of one of its commissioners last month prevented it from establishing a quorum.

What they're saying: "We've got a 21st century candidate and we're running a 21st century campaign. ... That's something not many of our competitors can say," Yang's campaign manager Zach Graumann told Politico.

Go deeper: Andrew Yang gets media cold shoulder

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Andrew Yang's campaign says it raised $10 million in Q3

Photo: Mario Tama/Getty Images

2020 candidate Andrew Yang's campaign says it raised $10 million in 2019's third quarter, according to Politico.

Why it matters: Yang's Q3 report is more than triple the $2.8 million he raised in the second quarter — a push powered by some strong debate performances that elevated his national profile.

Go deeperArrowOct 2, 2019

Elizabeth Warren's campaign says it raised $24.6 million in Q3

Elizabeth Warren in Las Vegas for the Giffords/March for Our Lives forum. Photo: Ethan Miller/Getty Images

Elizabeth Warren's campaign said on Friday that it raised $24.6 million in the third quarter of 2019, putting her just behind Bernie Sanders for this quarter's fundraising among 2020 Democrats.

Why it matters: Warren swore off "big money fundraisers" at the start of this cycle, but she's managed to rake in a massive amount of money from grassroots, small-dollar donors.

Go deeperArrowOct 4, 2019

Steve Bullock's presidential campaign says it raised $2.3 million in Q3

Photo: Joshua Lott/Getty Images

Steve Bullock's 2020 campaign says it raised $2.3 million in the 3rd quarter of the year. His numbers are among the smallest of any other Democratic candidate who has revealed fundraising details for this term.

By the numbers: The campaign improved on the $2 million it raked in last quarter, and doubled the previous number of individual contributions. 97% of those were under $200.

Go deeperArrowOct 4, 2019