Silicon Valley Reels From Trump Shock


PayPal cofounder Peter Thiel ran a victory lap following Tuesday’s presidential election, but many other Silicon Valley figures were stunned by the historic upset victory of real estate mogul Donald Trump against former Secretary of State Hillary Clinton. Thiel, a billionaire conservative activist, last month made headlines by donating $1.25 million to Trump in the midst of the furor over the candidate’s Access Hollywood comments about women. Trump now has an “awesomely difficult task,” Thiel said in a statement released Wednesday.

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Tech Billionaire Thiel Aims to Justify His Trump Support


Peter Thiel, one of the few well-known Silicon Valley figures who has given Republican presidential candidate Donald Trump a public endorsement, on Monday reiterated his support at a National Press Club event in Washington. He prefaced his remarks with a disclaimer. “Nobody thinks his comments about women were acceptable,” Thiel told the gathering, referring to Trump. “I agree, they were clearly offensive and inappropriate.” However, a vote for Trump would not constitute an endorsement of his flaws or lack of judgment, Thiel argued.

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