No one lost as much on election night as Karl Rove.
Although he wasn’t running for office, his Crossroads organizations spent $300 million on Republican candidates in the election, with some of the biggest spenders in the conservative movement putting their hopes — and dollars — in the care of Rove.
The results were bleak. According to the Sunlight Foundation, American Crossroads, Rove’s super PAC, saw just a 1 percent return on its investments. Crossroads GPS, the political nonprofit arm, saw a 14 percent return.