Business

Peter Thiel might be getting out of Silicon Valley

5 days ago   |   By Engadget

The Wall Street Journal reports today that Peter Thiel - billionaire, investor and Gawker-killer - might be cutting many of his ties with Silicon Valley. The paper spoke to sources it says are familiar with Thiel and his plans and they said that th...
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Peter Thiel is moving out of Silicon Valley and might leave Facebook's board after his relationship with Mark Zuckerberg soured over his support of Trump

Peter Thiel is moving out of Silicon Valley and might leave Facebook's board after his relationship with Mark Zuckerberg soured over his support of Trump

5 days ago   |   By Business Insider

Venture capitalist Peter Thiel is moving to Los Angeles and considering leaving Facebook's board of directors, according to The Wall Street Journal.
Thiel's political leanings came under fire from many in Silicon Valley following the US presidential election, due to his open support for President Trump.
Despite saying he wouldn't voluntarily leave Facebook's board in 2017, people close to Thiel told the Journal that his thoughts have changed in recent months as he's grown frustrated with Silicon Valley's culture.
Venture capitalist Peter Thiel is moving his home from Silicon Valley to Los...
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Netflix's CEO reportedly offered to resign from Facebook's board after slamming Peter Thiel's support of Trump - but Mark Zuckerberg said 'no'

Netflix's CEO reportedly offered to resign from Facebook's board after slamming Peter Thiel's support of Trump - but Mark Zuckerberg said 'no'

5 days ago   |   By Business Insider

Netflix CEO Reed Hastings reportedly offered to resign from Facebook's board over his disagreement with Peter Thiel's support of then-presidential candidate Donald Trump, according to The Wall Street Journal.
Facebook CEO Mark Zuckerberg declined Hastings' offer to resign.
Thiel is reportedly scaling back his involvement in Silicon Valley and moving his investment firms to Los Angeles, where he plans to build a "right-leaning media outlet."
In August of last year, The New York Times reported that, in 2016, Peter Thiel's support of then-presidential candidate Donald Trump caused friction...
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Peter Thiel considered leaving Facebook's board: report - CNET

5 days ago   |   By CNET

The Silicon Valley investor who made a massive bet on the social network thought about leaving it over issues with his political affiliation.
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