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LinkedIn’s Hoffman Offers $5 Million for Trump’s Tax Returns

  • He’ll quintuple money raised by Marine for veterans groups
  • Trump must release tax returns by Oct. 19 to trigger giving
Reid Hoffman.

Reid Hoffman.

Photographer: Noah Berger/Bloomberg

LinkedIn co-founder Reid Hoffman is the latest Silicon Valley heavyweight to get his money involved in politics. He’s offering to donate as much as $5 million to veterans if Republican nominee Donald Trump releases his tax returns in time for the final presidential debate.

Hoffman, who is chairman of LinkedIn Corp. and a partner at venture capital firm Greylock Partners, saw a crowdfunding challenge by a 26-year-old Marine Corps veteran, Pete Kiernan, who said he would donate any of the money raised to nonprofits that assist veterans if Trump releases his returns by Oct. 19, the date of the final debate. If Kiernan meets or beats his $25,000 target, Hoffman will match the total amount by five times, up to $5 million, he said in a post on Medium.