National Politics

PayPal’s Co-founder Pledges $1.25 Million to Support Donald Trump

The PayPal co-founder and billionaire venture capitalist has, according to the New York Times, chosen to give $1.25 million to the campaign of GOP candidate Donald Trump. Thiel’s donation could have an impact on his many relationships in Silicon Valley. For instance, as TechCrunch points out, Thiel recently became an advisor to Y Combinator, whose founder, Paul Graham, is vocally anti-Trump.

Thiel’s donation presents a particular optical challenge for Palantir Technologies, which he co-founded and holds a major stake in. Palantir is currently battling a racial discrimination suit from the Department of Labor.

Thiel also sits on the board of Facebook, whose CEO, Mark Zuckerberg, has publicly criticized Trump’s policy and rhetoric.

Source: Peter Thiel Pledges $1.25 Million to Support Donald Trump | Fortune

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