12 August 2024

Looks Like the Literal Vampire Will Be Seeing Some Sunlight

It appears that the selection of JD Vance as Trump's running mate has resulted in increased scrutiny of Peter Thiel.

In this case, the Washington Post does a deep dive into how Vance is a creation of the #2 weirdo PayPal Guy who came from Apartheid South Africa.  (There are actually 4 of them who grew up in Apartheid South Africa)

One rather hopes that Thiel's extreme toxicity eventually makes him unacceptable to the tech bros and venture capitalists, but I would not hold my breath on this:

In the weeks before former president Donald Trump announced his vice-presidential pick, some of tech’s biggest names launched a quiet campaign to push for one of their own: Ohio Sen. JD Vance.

The former president fielded repeated calls from tech entrepreneur David Sacks, Palantir adviser Jacob Helberg and billionaire venture capitalist Peter Thiel, Vance’s former employer and mentor, imploring him to add the onetime Silicon Valley investor to the ticket, according to three people familiar with the entreaties, who spoke on the condition of anonymity to describe the private conversations.

Vance’s most forceful Silicon Valley advocates are euphoric about the former Never Trumper’s rise in the GOP. They see Vance as their emissary in Washington, spreading a doctrine that government and entrenched corporate giants from Google to Lockheed Martin stifle innovation, while nimble, bold-thinking start-ups — especially their own — can propel the national interest. And while the ascension of Vice President Harris has invigorated many left-leaning tech leaders, some in Thiel’s network would stand to benefit from having Vance in the White House — a new asset for venture capitalists who until recently shunned Washington. 
These VCs have never shunned Washington.  The entire tech infrastructure is predicated on aggressive and extensive government subsidies.

Thiel made him wealthy, setting him up to invest in companies that became popular with the MAGA set. He shepherded Vance’s entry into politics, bankrolling, alongside other Silicon Valley donors, his successful bid for the U.S. Senate in 2022.

“For Peter,” said one of the people familiar with his thinking, “Vance is a generational bet.”

The expansion of IP over the past generation has been a tax on the rest of us to pay them, and Peter Thiel's Palantir is largely dependent on government contracts. (And then there is the whole think where the government allowed PayPal to operate as a bank without having to follow banking regulations, but I digress.)

………

Thiel made him wealthy, setting him up to invest in companies that became popular with the MAGA set. He shepherded Vance’s entry into politics, bankrolling, alongside other Silicon Valley donors, his successful bid for the U.S. Senate in 2022.

“For Peter,” said one of the people familiar with his thinking, “Vance is a generational bet.” 

………

The Biden administration, by contrast, has infuriated tech leaders by hindering the crypto industry, attempting to regulate AI and challenging corporate acquisitions — a key path for start-up founders to cash in. Sacks, Musk, Palantir co-founder Joe Lonsdale, Sequoia Capital’s Doug Leone and founders of the prominent venture capital firm Andreessen Horowitz have all thrown in with Trump and are donating large sums to a pro-Trump PAC.

Oh, the poor dears.  They want to pump and dump their garbage to the general public, and the government is finally looking at what they do.

Now they want their stooge in the White House to make their lives even easier.

F%$# them with Cheney's Dick.

*I really mean that literally. Thiel is trying to extend his life span, and one of the schemes that he invested in is a startup proposing the use of the blood of young people.

 

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