Undoubtedly, being the first outside investor in Facebook is a surefire way to increase your net worth and your clout in Silicon Valley. But as time goes on and Big Tech firms become bloated with capital, power and influence, their role in greater society oftentimes shifts toward something more insidious, even bordering on evil.
Such is the case with Facebook (now rebranded as “Meta”) and many other social media ventures which are now responsible for a new version of corporate top-down censorship.
However, “Meta” just lost its most influential investor after Peter Thiel announced he will step down from the board of directors. The right-wing megadonor has vowed to shift his investments away from the Big Tech giant and toward Republican candidates in 2022 who support Trump’s America First movement.
Thiel amassed his millions by founding and co-founding some of the biggest tech firms still in operation today, including PayPal, which he started, in the late 90s. He’s become one of the few (if not the only) outspoken conservatives to come out of Silicon Valley, an insidious left-wing hellhole that he’s since abandoned.
He was an early supporter of Donald Trump’s successful presidential bid in 2016, and gave an acclaimed speech in support of Trump at that year’s Republican National Convention, at a time when most pollsters and pundits predicted a crushing defeat for the man who eventually won the White House.
Thiel also provided funding for wrestler Hulk Hogan’s lawsuit against Gawker Media, one of the pioneers of left-wing online “cancel culture,” after the publication outed him as gay in 2007.
Thiel later described his funding of the lawsuit, which bankrupted the far-left website and forced it out of business, as “one of my greater philanthropic things that I’ve done.”
After achieving success with PayPal, Thiel moved into venture capital, where he swiftly made one of the most lucrative investment decisions of all time. He was the first major investor in Facebook, putting $500,000 into the company in 2004, when it was still a tiny startup called “TheFacebook.”
Despite Thiel’s personal political leanings, Facebook under Zuckerberg (who still owns a controlling share of the company) acquiesced to the Democrat-led media over the course of Trump’s presidency.
The social media giant implemented a “fact checking” regime, suppressed conservative media, and directly aided the Biden campaign in 2020 by suppressing the Hunter Biden “laptop from hell” story.
Nevertheless, conservative media continues to dominate on Facebook, which remains under attack by the activist left for not censoring enough.
Thiel’s investments in America First candidates are a welcomed boost most need to defeat the far-left who continues to wreak havoc on this country in ways most aren’t even
Author: Sebastian Hayworth