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KamaAina

(78,249 posts)
Tue May 10, 2016, 03:17 PM May 2016

One of Silicon Valley’s top tech investors is backing Donald Trump for president

http://qz.com/679940/one-of-silicon-valleys-top-tech-investors-has-signed-up-as-a-trump-delegate-in-california/

More and more seemingly unlikely supporters of US presidential candidate Donald Trump are emerging from the woodwork, and the most recent one hails from a region not known for populist extremism—Silicon Valley.

Peter Thiel, an entrepreneur and investor best known as the co-founder of Paypal, has pledged to be a Republican delegate for Trump in the upcoming California primary. The Sacramento Bee lists Thiel as one of 172 delegates.

Thiel is best known among the general public as the co-founder of Paypal, one of the world’s largest third-party online payment services. But his other ventures make him a giant in Silicon Valley. He co-founded Palantir, a big-data software company that is currently valued at $20 billion. It’s ranked as the fourth-largest private internet company in the world, behind AirBnB, Xiaomi, and Uber. He also was the first outside investor in Facebook, and has funded other high-profile startups like Spotify, Stripe, and SpaceX through Founders Fund, a venture capital firm he runs with Napster co-founder Sean Parker.

Thiel is also known for his views on politics and society, which diverge somewhat from the tech industry’s preference for liberal Democrats. His endeavors outside of traditional investing embody the extreme end of Silicon Valley’s peculiar mix of anti-establishment ethos and elitism. He created the Thiel Fellowship, which provides select individuals annual grants of $100,000 in order to drop out of college and pursue their interests. He also funded the Seasteading Institute, a project that intends to create a manmade, sovereign island where entrepreneurs can form businesses free of government interference.


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One of Silicon Valley’s top tech investors is backing Donald Trump for president (Original Post) KamaAina May 2016 OP
One admits it publicly WhaTHellsgoingonhere May 2016 #1
Peter Thiel is a hard right Libertarian. HughBeaumont May 2016 #2

HughBeaumont

(24,461 posts)
2. Peter Thiel is a hard right Libertarian.
Tue May 10, 2016, 04:23 PM
May 2016

A paranoid seasteader who thinks rugged individualists are going to solve the problems rugged individualism created. PFFFFFFT.

He's likely into the Trump vision of eliminating the minimum wage, something the Libertarian party has wanted for a while (in addition to abolishing the IRS).

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