Matt Mahan jumped into the governor’s race — and the money came pouring in

A week after San Jose Mayor Matt Mahan made a late entry into the governor’s race at the end of last month, he announced on social media that his campaign “might be making history” for how quickly it had gathered more than $7 million in political donations, vaulting him past most of his Democratic rivals in fundraising for the wide-open race.

It’s not yet clear who’s behind the donations. But Silicon Valley tech leaders — seeking a “results-driven” candidate ready to fight back a recently proposed wealth tax ...