From Washington Post:
“Paul raised about $228,000 over the course of that six-hour period, with fundraising taking a distinct upturn in the wake of his live-streamed campaign announcement.
To put that into a more tangible metric, Paul’s fundraising peaked at about $24 a second — about $86,000 per hour — right as he was finishing up his speech.
This compares Rand Paul’s fundraising with his father, Ron Paul’s efforts with graphs and how much Cruz raised.
“To put that into a more tangible metric, Paul’s fundraising peaked at about $24 a second — about $86,000 per hour — right as he was finishing up his speech.
So how does that compare with his father’s efforts? Ron Paul’s most successful money bomb raised about $6 million dollars. If you look at the amount raised during those two efforts as a per-second average, Rand trails by a wide margin. And this is Rand Paul’s highest period of fundraising versus Ron Paul’s 24-hour average.
The day isn’t over. In the half hour since we stopped looking at Paul’s fundraising, we added another $30,000, his third-best 30 minutes of the day. He’ll have a number of other media appearances over the next few hours, and the amount will continue to increase. In the 24 hours after his launch, Ted Cruz raised a reported $500,000. Paul should top that.
(Update: Later reports indicate that Cruz raised a million dollars. That’s a higher bar for Paul.)
How Rand Paul intends to raise money:
“Rand Paul and the Art of the Presidential Money Bomb
Apr 7, 2015 2:45 AM MST
He money-bombed his way to a U.S. Senate seat and now hopes this fundraising technique blasts him through the GOP presidential primary.
“On April 7th, I’m launching a ‘Stand with Rand’ Money Bomb,” a pledge page for one of his political action committees reads. “So I’m counting on you to stand with me by pledging your most generous contribution to this effort. The political world’s eyes will be trained on me and it’s crucial I make a statement no one can ignore.”
This is a familiar playbook. Flash back to August 20, 2009. Paul, an ophthalmologist with a famous libertarian father, began his long-shot campaign for a U.S. Senate seat by asking supporters to contribute small amounts online. He sought additional online help a few weeks later, as his Republican primary opponent Trey Grayson held a $500-per-plate fundraiser in Washington, filled with sitting senators and blessed by Republican leadership. “This deck stacking favoritism in a highly contested GOP primary is unacceptable,” Paul wrote on Kentuckyfight.com, the website promoting the fundraising match...
Paul now hopes his money bombs blast him into the top tier of what will be a crowded Republican presidential primary field. The online portfolio he inherited from his father and refined in that 2010 Senate run could help him compete for dollars with former Florida Governor Jeb Bush, whose early goal is to raise $100 million, and other probable contenders like Wisconsin Governor Scott Walker and Florida Senator Marco Rubio.