A Little Financial Support To Trump From Silicon Valley

By Amber Bogdanowicz | Monday Monday Staff -    2016-10-25

Apparently, even part of the high-tech community loves Donald Trump!  Once the past few weeks he has received some large donations. 

Peter Thiel from Silicon Valley donated $1.25 million to Donald Trump in support of his election.  He plans on donating this through the super PAC and directly to the campaign.  

This makes Thiel one of the highest investors on the list of Trump’s contributors.  Another one of the largest contributors is Robert Mercer, from Renaissance Technologies.  Both Robert and his daughter Rebekah Mercer gave $15.5 million in support of Donald Trump. All of that in addition to Geoffrey Palmer donated $2 million.  

Thiel spoke at the Republican National Convention last week without regard to the latest accusations against Trump.  Just before that, an anonymous source said on “Access Hollywood” that the investor realizes that the United States needs fixing and Trump is the only one who can do it.  

How It Began

An Amazon customer service building.
An Amazon customer service building.

Who is Thiel anyway?  Well, the 49-year-old came from Germany when he was a kid.  He co-founded PayPal and Palantir.  With a net worth of $2.7 billion, Thiel has always been a bit of a Trump supporter.  Then why didn’t he support Trump earlier?

A Different Tech Guy

Peter Thiel at the Republican Convention.
Peter Thiel at the Republican Convention.

At the convention, he said something most entrepreneurs won’t say, “Across the country, wages are flat. Americans get paid less today than 10 years ago.  But health care and college tuition cost more every year. Meanwhile, Wall Street bankers inflate bubbles in everything from government bonds to Hillary Clinton’s speaking fees. Our economy is broken. If you’re watching me right now, you understand this better than any politician in Washington D.C..”

On top of that, Thiel announced that he was “proud to be gay.”  This is not something a Republican convention speaker would say.  Typically you would expect such a statement at a Democratic rally, but here you have a person who would have normally been behind Hillary Clinton supporting Donald Trump.  Nine years ago he identified himself as gay.  He even helped close down a blog owned by Gawker Media which is now owned by Univision, in August.  

It appears as if Thiel and Trump are thinking on the same wavelength.

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