October 16, 2016

Peter Thiel will donate $1.25M to the Trump campaign, despite the latest controversies

CLEVELAND, OH - JULY 21: Peter Thiel, co-founder of PayPal, delivers a speech during the evening session on the fourth day of the Republican National Convention on July 21, 2016 at the Quicken Loans Arena in Cleveland, Ohio. Republican presidential candidate Donald Trump received the number of votes needed to secure the party's nomination. An estimated 50,000 people are expected in Cleveland, including hundreds of protesters and members of the media. The four-day Republican National Convention kicked off on July 18. (Photo by Joe Raedle/Getty Images) Peter Thiel surprised Silicon Valley enough when he endorsed controversial Presidential candidate Donald J. Trump at the Republican National Convention earlier this year. Valley investors and entrepreneurs — the vast majority of whom do not support Trump — are likely to be even more taken aback by the news that Thiel has chosen this point to donate $1.25 million to his campaign.… Read More

Source: TechCrunch