Their Campaign Jobs Just Dried Up. And on Venmo, the Drinks Are Flowing.

This week saw four US presidential candidates - Elizabeth Warren, Amy Klobuchar, Mike Bloomberg and Pete Buttigieg - drop out of the race. While the candidates get most of the press, they will be just fine. Their campaign staffers, teams of folks who have worked tirelessly for months? Trying to figure out what's next. But before that - drinks please.

Welcome to the unseen and surprise Venmo economy of collapsed campaigns in 2020, where political operatives have been, for months, sending drinking money digitally to their friends, former colleagues and rivals using the money-transferring app.
The practice has spread unexpectedly and unplanned from campaign to campaign, like a viral video with a life of its own: $10 here, $25, even $100. It peaked this past week as Ms. Warren followed Tom Steyer, Pete Buttigieg, Senator Amy Klobuchar and Michael R. Bloomberg to the exits.


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