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Warren rakes in $ 19 million despite no fundraisers




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                  Sen. Elizabeth Warren's average donation was $ 28, and more than 80 percent of the 384,000 other quarterly donors were first-time donors, she said. J. Phillip / AP photo </p>
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<p>  Elizabeth Warren's presidential campaign announced Monday that she raised $ 19.1 million in the second quarter of the year, more than tripling the first quarter overall, despite having no fundraisers. </p>
<p>  Traffic far exceeded expectations As Warren surpassed both Bernie Sanders ($ 18 million) and Kamala Harris ($ 12 million), and came close to Joe Biden ($ 21.5 million), her outpacing of Sanders is particularly remarkable when the small-dollar donor army collected in 2016 and their corresponding Progressive Stances. </p><div><script async src=

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The eye-catching total is a validation for Warren after months of second guesswork from Washington strategists who questioned Signs of wisdom of public vowing not to hold fundraisers or make call time with wealthy donors under the primary.

Warren and Sanders, who also essentially asked fundraising circuits, have both managed to fund their campaigns and execute rivals like Harris through online donations. They were also within reach of Pete Buttigieg, who raised a package-leading $ 25 million, but who attended about 50 high-dollar fundraisers plus 20 other fundraisers with lower fares in the second quarter.

"You make it possible to build a presidential campaign without providing wealthy donors – without door-open fundraisers, no Super PACs and no money from Washington lobbyists, corporate PACs or, for that matter, PAC's of campaigns Roger Lau wrote in an email to followers [The19659004] Warren campaign seems to be built to last. Having hired more than 300 employees, it still has $ 19.7 million in cash at hand According to a campaign source, suggests that the campaign dramatically reduced its "burn rate" in the second quarter, from 85 percent to 55 percent. The campaign started with a $ 10.4 million cushion, money transferred from its 2018 Senate re-election.

60 percent of Warren's staff are in the first four early states of Iowa, New Hampshire, Nevada, and South Carolina, the source said.

Harris and Biden have declined to say how much money they have. and Buttigieg has mostly $ 30 million and $ 22.6 million Although Buttigieg's campaign said $ 832,000 is earmarked for election elections. The Warren campaign source said less than $ 100,000 of her cash is up for election.

Her average donation was $ 28, and more than 80 percent of 384,000 other quarterly donors – about. 307,000 people – were first-time donors, the campaign said. That means more than 442,000 people have donated since her campaign launch.

The campaign spent $ 10.6 million in the last quarter while adding $ 8.5 million to cash at hand.


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