4 ms·

For everyone suggesting Thiel, a gay man with outspoken libertarian views, donated $1.25m as part of some pay-to-play scheme, let's do a little math... He is w

by fixxer 10y ago

For everyone suggesting Thiel, a gay man with outspoken libertarian views, donated $1.25m as part of some pay-to-play scheme, let's do a little math... He is worth $2.7b last I checked. 1250000/2700000000 = 0.00046296296 Suppose someone with a net worth of $1m donated $500... That would be a greater fraction of net worth donated. I know a lot of people who donated above that ratio. I propose an alternative theory: Thiel is a true believer, much like many of you.

Scirra_Tom 10y ago
$500 cash can be a lot of cash if your networth is $1mm, a lot of that $1mm is likely illiquid.
- fixxer 10y ago
  I know a lot of the people on the Hillary campaign who donated over $100 and have negative net worth.
redwood 10y ago
Thiel has described himself as a Libertarian, but Palantir is proof that he is in fact an advocate of the surveillance state.
- fixxer 10y ago
  I'm far more on your side when it comes to surveillance, but I don't accept "government contracts" as a motivator. I think you're being reductionist and neglecting the fact that technology has a place in stopping terror and crime in general... We just don't know where to draw the line yet.
  - arkitaip 10y ago
    It's like you live in this world where greed for money and power don't exist. What good has Thiel done to be able to bypass all resonable criticism of people in power?
    - fixxer 10y ago
      It's like you live in this world where the only beliefs that matter are your own and nobody else can believe something contrary and be genuine. FYI 9/10 top defense manufacturers in the world donated to HRC. What the fuck do you think they expected in return? Peter donated as an individual and defended his stance publicly.
      - arkitaip 10y ago
        I apologize for the tone of my previous comment. It was unnecessarily harsh and confrontational. I have serious doubts about Trump's and Thiel's underlying motives but I shouldn't have insulted you like that. Sorry.
mmastrac 10y ago
The value of a donation isn't in the giver's percentage of net worth. He knew exactly how valuable a $1M cheque is, especially when everyone else is supporting the other side. This is a clear case of pay-to-play. It just happened to be cheap because of the candidate.
sharemywin 10y ago
1. 10% tax holiday 2. 15% corporate tax 3. 25% personal top rate best 1.2 mil ever spent Hell, the 60m trump invested was cheap. he cut out the middle man.
ransom1538 10y ago
After reading his book, I think Thiel did what everyone else did not. He supported the underdog, thus he could pay almost nothing for a ticket that had %40 odds of winning. His win is a x1000 return. He now gets to rub elbows with more clients: nsa,fbi,cia,epa,etc and force feed palantir more contracts. I don't think Thiel loves Trump, he is just a psychopath that can play chess at a higher level.

by fixxer 10y ago

Scirra_Tom 10y ago

$500 cash can be a lot of cash if your networth is $1mm, a lot of that $1mm is likely illiquid.

fixxer 10y ago
I know a lot of the people on the Hillary campaign who donated over $100 and have negative net worth.

redwood 10y ago

Thiel has described himself as a Libertarian, but Palantir is proof that he is in fact an advocate of the surveillance state.

fixxer 10y ago
I'm far more on your side when it comes to surveillance, but I don't accept "government contracts" as a motivator. I think you're being reductionist and neglecting the fact that technology has a place in stopping terror and crime in general... We just don't know where to draw the line yet.
- arkitaip 10y ago
  It's like you live in this world where greed for money and power don't exist. What good has Thiel done to be able to bypass all resonable criticism of people in power?
  - fixxer 10y ago
    It's like you live in this world where the only beliefs that matter are your own and nobody else can believe something contrary and be genuine. FYI 9/10 top defense manufacturers in the world donated to HRC. What the fuck do you think they expected in return? Peter donated as an individual and defended his stance publicly.
    - arkitaip 10y ago
      I apologize for the tone of my previous comment. It was unnecessarily harsh and confrontational. I have serious doubts about Trump's and Thiel's underlying motives but I shouldn't have insulted you like that. Sorry.

mmastrac 10y ago

The value of a donation isn't in the giver's percentage of net worth. He knew exactly how valuable a $1M cheque is, especially when everyone else is supporting the other side. This is a clear case of pay-to-play. It just happened to be cheap because of the candidate.

sharemywin 10y ago

1. 10% tax holiday 2. 15% corporate tax 3. 25% personal top rate best 1.2 mil ever spent Hell, the 60m trump invested was cheap. he cut out the middle man.

ransom1538 10y ago

After reading his book, I think Thiel did what everyone else did not. He supported the underdog, thus he could pay almost nothing for a ticket that had %40 odds of winning. His win is a x1000 return. He now gets to rub elbows with more clients: nsa,fbi,cia,epa,etc and force feed palantir more contracts. I don't think Thiel loves Trump, he is just a psychopath that can play chess at a higher level.