SVB, Kate Mitchell -- Director

Meet Hillary Donors: The SVB’s Board of Directors: (PART II OF VI) THE BANK THAT WENT WOKE THEN BROKE (March 10th, 2023) BY Joshua Rhett Miller (March 14, 2023) ‘I prayed at a Shinto shrine after Hillary lost’ Director Kate Mitchell, 64, is a Hillary Clinton mega-donor who was so upset by Donald Trump’s 2016 victory that she went to a shrine in Kyoto that Thanksgiving. “I prayed for me and us to get beyond our grieving and shock and to figure out how to engage and listen to what happened and come back together,” Mitchell told CNBC. The prayers came after she had donated $50,000 to the Hillary victory fund. Prior to the election, Mitchell celebrated how 97% of technology company employees’ donations were going to Clinton. “Ninety-seven percent support of Clinton is mind-blowing and really suggests that we’re pounding the table,” Mitchell told NBC News. “We think her business policies are going to be friendlier.” Kate Mitchell donated $50,000 to Hillary Clinton campaign fundraising in 2016.Bloomberg via Getty Images Mitchell was a prolific donor in 2016, but much less generous in 2020, donating only $593.33 each to Democratic parties in Minnesota, Nevada and Pennsylvania. A veteran venture capitalist who co-founded Scale Venture Partners, Mitchell has been on the SVB board since 2010. She’s been an outspoken advocate for venture capital, chairing the National Venture Capital Association and traveling frequently to Washington, DC, to lobby for Silicon Valley. She also takes credit for co-authoring legislation on initial public offerings in 2012 that made it easier for start-ups to get publicly traded. Mitchell was so disheartened by Hillary Clinton’s 2016 presidential election loss that she prayed at a shrine that Thanksgiving holiday in Kyoto, Japan.AFP via Getty Images The San Francisco resident also prides herself on championing diversity, co-founding VentureForward, which focuses on “advancing opportunities for women and underrepresented minorities in the venture ecosystem.” And despite the largest failure of corporate governance at a bank since the 2008 financial crisis, Mitchell advises the Rock Center for Corporate Governance at Stanford Law School.