Tech bets on Obama with campaign donations

13.10.2012

The companies ranged in size from under $10 million (33%) to over $2 billion (11%), with the balance falling in between. Along with tech companies, the survey pinged venture capitalists, entrepreneurs and consultants.

Peter Astiz, global co-head of the Technology Sector at DLA Piper, said that while the 76% prediction is about who will win, his personal interpretation of the result is that it also reflects the preference of the executives. "If you say you expect him (to win), that's probably what you want," he said.

That survey finding aside, 64% of the respondents believe Romney would be better for the technology economy.

The latter finding doesn't contradict Astiz's belief that the survey also reflects the voting preference of the executives in an election that is otherwise close. "There are a lot of other issues to elect a president beyond whether they're going to be good for the technology sector," he said.

A majority of respondents, 60%, believe the expiration of the Bush-era tax cut will hurt tech investments, while 33% see no impact on the industry. A few, 7%, think the expiration of the cuts will help.