Peter Thiel to Donate $1.25 Million in Support of Donald Trump

David Streitfeld, reporting for the NYT:

Peter Thiel, true to his reputation as the most contrarian soul in Silicon Valley, is doubling down on Donald J. Trump.

The only prominent supporter of the Republican candidate in the high-tech community, Mr. Thiel is making his first donation in support of Mr. Trump’s election. He will give $1.25 million through a combination of super PAC donations and funds given directly to the campaign, a person close to the investor said on Saturday.

Politics aside, this seems like a bad investment at this point.

Sunday, 16 October 2016