+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Peter Thiel says he isn't the only Silicon Valley insider supporting Trump

Oct 31, 2016, 21:28 IST

Paypal co-founder Peter Thiel speaks at the Republican National Convention in Cleveland, Ohio, U.S. July 21, 2016.REUTERS/Jonathan Ernst

Peter Thiel's support of Donald Trump has brought other Silicon Valley supporters out of the woodwork, he says.

Advertisement

The billionaire tech investor gave a speech on Monday at the National Press Club where he discussed his political values and support of the Trump campaign.

The PayPal and Palantir founder previously endorsed Trump in a speech at the Republican Nation Convention and donated $1.25 million to Trump's campaign in October.

Following his speech on Monday, Thiel answered several questions from National Press Club President Thomas Burr. The questions ranged from public policy to Silicon Valley, which is when he talked about the reaction he's received since publicly endorsing Trump.

Thiel said he's gotten "a lot of pushback, to say the least," but said his close friendships and business relationships remain intact. His public support has also caused others to come out to him as Trump supporters, he said.

Advertisement

"It has surfaced a small number of those people who all feel that they can't say it in public," he said. "They've been conjured out of the ether."

Thiel said while he felt comfortable publicly supporting an "outsider candidate," others were hesitant to make their support public. He said that while he's always considered Silicon Valley a liberal, democratic place, he's been surprised by how polarized the Valley has become.

"I really didnt think that there would be this sort of a visceral reaction," Thiel said. "It's surprising to me that anybody would say that you're beyond the pale for taking a position that's held by half the country."

Thiel said his business has not been impacted in "any meaningful way" since endorsing Trump, and described his endorsement of Trump as one of the most ordinary things he's ever done.

"This is the first time that I've done something that actually feels conventional," Thiel said. "But it's been the most controversial thing ever."

Advertisement

NOW WATCH: Elon Musk just unveiled something that could revolutionize how you power your home

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article