Thiel talks crypto, China at pricey dinners for proteges’ Senate campaigns

0
45
thiel-talks-crypto,-china-at-pricey-dinners-for-proteges’-senate-campaigns

Tech billionaire Peter Thiel goes all-in to help two of his proteges’ campaigns for the US Senate — and his plan entails swanky California dinners with high-dollar donors.

JD Vance and Blake Masters — two Thiel workers who’re operating for Senate on conservative populist platforms in Ohio and Arizona, respectively — have each supplied dinners with Thiel in change for hefty marketing campaign donations.

“Want to have dinner with me and Peter Thiel?” tweeted Vance, who beforehand labored for a Thiel-owned enterprise capital agency and wrote the bestselling memoir “Hillbilly Elegy,” on Nov. 4. “Donate $10,800 by tomorrow and I’ll send you the details.”

Masters, who works because the chief working officer at Thiel’s funding agency and is operating on a promise to “completely end illegal immigration,” made an identical supply again in August, slinging invites to dinners with Thiel for $5,800 a pop.

Campaign finance disclosures present two dozen males took Masters up on the supply — and so they’ve since been handled to hours-long meals with Thiel and Masters at eating places Los Angeles and Palo Alto, On The Money has discovered. 

The matters of dialog at the dinners have included a few of Thiel’s favourite matters, like cryptocurrencies, synthetic intelligence and China, in accordance with Masters.

“The point is the two to three hours of conversation on topics of the day: the rise of China, the future of AI, crypto, the rot in our politics, what’s gone wrong with philanthropy, what’s next in venture capital, how to take back the US Senate,” Masters instructed The Post. “No agenda, the discussion just flows.”

Donors who ponied up $5,800 might have dinner with Blake Masters (pictured) and Peter Thiel.
Twitter

People who ponied up the $5,800 for the occasions embody a number of enterprise capitalists and hedge fund managers — in addition to a self-employed copywriter and the previous Trump-appointed ambassador to Austria, Trevor Traina, in accordance with marketing campaign finance disclosures.

Another one who certified to attend the dinners was Jamison Ernest, an eccentric New York City investor and artist with stakes in startups like toothbrush company Quip and ice cream maker Van Leeuwen, who as soon as hid $77,000 worth of diamonds in a Meatpacking District art installation attended by Leonardo DiCaprio, Bradley Cooper and Russell Simmons.

“So many of the attendees share my sense that we’re losing the country and are getting involved in politics for the first time,” Masters mentioned.

JD Vance (pictured) supplied up invites to dinners with Peter Thiel for $10,800 every.
Getty Images

None of the 24 individuals who forked over the money lives in Arizona, in accordance with a Post evaluation of public information.

In order to qualify for Masters’ dinners, attendees needed to donate $5,800 on August 5 or 6. While 24 donors appeared to qualify for the dinners based mostly on marketing campaign finance disclosures, none commented on the report when The Post tried to contact them.

One donor mentioned the Masters marketing campaign “asked that I not” communicate to The Post concerning the dinner, however Masters denied that he instructed attendees to not speak to reporters.

Peter Thiel (left) paid Blake Masters (proper) a $775,000 wage in 2020, marketing campaign finance disclosures present.
Patrick McMullan

Masters is a longtime protege and worker of Thiel, having co-written the best-selling 2014 ebook “Zero to One” with the legendary investor. In 2020, Masters took in $775,000 from his chief working officer gig at Thiel Capital and greater than $340,000 from ebook royalties, in accordance with his marketing campaign finance disclosures.

In addition to serving to Masters and Vance fundraise, Thiel has already donated $10 million every to Super PACs supporting the candidates.

Thiel is thought for co-founding two firms: funds big PayPal and the information analytics agency Palantir. He additionally made a profitable early funding in Facebook and sits on the social media agency’s board. He has a web value of $4.1 billion, according to Forbes.

Vance and Thiel spokesman Jeremiah Hall didn’t reply to requests for remark.

JD Vance beforehand labored for a Peter Thiel-owned enterprise capital agency.
Getty Images for TechCrunch