Deals
Peter Thiel’s Politics Become a Deal-Killer in Silicon Valley
- Seed fund Backstage Capital rejects investor citing Thiel ties
- Tech diversity group also disassociates with Trump supporters
Palihapitiya: Thiel's Support of Trump Is 'Troublesome'
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The divisions over Peter Thiel and his support for Donald Trump are deepening in Silicon Valley.
Dismay over the billionaire venture capitalist’s stance on the Republican candidate has been showing up all across the technology landscape -- from a startup founder saying he regrets taking a Trump backer’s money to a prominent diversity group refusing to work with any company associated with Thiel. In one recent case, it also throttled the flow of cash into a fledgling VC fund.