The Indicator from Planet Money
The Indicator from Planet Money

Can a "moneyball" system work for campaign funding?

October 22, 2026

AI Summary

5 min read

Can a "moneyball" system work for campaign funding?

The Oakland A's figured out they could buy wins more efficiently by spending on undervalued players rather than big names. Now a political fundraising startup called Oath is trying to apply the same logic to campaign donations, telling Democratic donors to stop pouring money into high-profile Senate races and instead fund obscure state legislative candidates where each dollar might actually swing an election.

The problem: rage-donating into the abyss

Oath was founded by Brian Derrick, a former Democratic campaign manager, and Taylor Arrata, who worked in big data at Accenture. Derrick got frustrated watching Democratic donors throw money at the same few expensive races cycle after cycle. "We had so many friends at the time who were so angry about what was happening in our politics and wanting to make a difference where it was going to really matter," he told NPR. "And they ended up just rage donating into the abyss."

The core problem Oath addresses is what Derrick calls "the inefficient allocation of resources." Democrats have "overfunded a small set of races to the tune of hundreds of millions, sometimes over a billion dollars, at the expense of funding winnable races in other places or further down ballot."

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What you'll learn

  • 1 (00:00) **Introduction: The "Moneyball" Lens on Campaign Funding** - Host Adrian Ma frames the episode by connecting the "Moneyball" concept of buying wins efficiently to a new political fundraising startup.
  • 2 (01:50) **The Problem: "Rage Donating into the Abyss"** - Former political consultant Brian Derrick explains the inefficiency that inspired his startup, Oath.
  • 3 (03:28) **Introducing Oath: The "Impact Score"** - Oath's product is a data-driven recommendation system for political donors.
  • 4 (04:56) **The Core Thesis: Overfunding the Few, Starving the Many** - Oath argues that Democrats have systematically overfunded a small set of races, leaving winnable races under-resourced.
  • 5 (05:24) **Case Study: Darcy Castro vs. Colin Allred** - Oath's recommendations prioritize unknown local candidates over famous senators.
  • 6 (06:03) **The "None of Them" Answer for Senate Races** - Brian explains why Oath often advises donors *against* giving to U.S. Senate races.
  • 7 (06:55) **The Theory of Change: Local Races Drive Turnout** - Oath argues that investing in down-ballot races can have a multiplier effect on top-of-ticket races.

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Show Notes

Elections are more expensive than ever, but are campaign donations going to the races where they’ll make the most impact? Today, we talk to the startup co-founder of Oath who believes there’s a smarter way to allocate individual donations.

Fact checking by Sierra Juarez.

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