Home News Bloomberg’s Democratic Data Firm Hawkfish Is Shutting Down

Bloomberg’s Democratic Data Firm Hawkfish Is Shutting Down

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Democratic data firm Hawkfish supported by former New york city mayor Micheal Bloomberg is closing down.

Hawkfish CEO Josh Mendelsohn informed its staff about its closing in an internal note, the CEO said “ we take enormous pride in what we have accomplished and the impact our efforts had on Joe Biden’s margin of victory in 2020 elections”.

The CEO of the company also added “after the elections, Hawkfish stakeholders and team have started exploring potential avenues for the company’s future and concluded that Hawkfish cant operate in its current constitution. 

Then, he added the decision to wind up was not made lightly or without considering other courses of action”. The CEO confirmed in a statement that the firm is closing and the process will take up to 3 months.

Read Also: Massachusetts Court Has Approved

The company has also informed us that this process of winding up will take 3 months and in the meantime, they are providing their employees a 3-month runway where they will be at-will employees at Hawkfish and will receive their salaries and benefits till they secure another job. It is done to give their employees enough time to find a job for themselves without incurring a loss.

Hawkfish was considered the key driver for Bloomberg’s presidential campaign. According to the sources, though,  Bloomberg dropped out of the race because of not winning any Democratic primary or caucus, but he still dumped another 35 million dollars into the firm to prop up Joe Biden’s campaign.

While Biden has declined to directly cooperate with Hawkfish due to some internal concerns, the company still spent millions on outside support for the former Vice president.
For more such news keep reading Mangoster’s blog.

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