Peter Thiel spent $35 million on 16 Republican candidates in 2022, with 12 winning their races. What did this investment strategy accomplish beyond individual victories?

Question

Accepted Answer

Thiel didn't just buy elections - he bought influence. His $15 million investment in JD Vance alone paid massive dividends when Vance became vice president. The other winners now owe their careers to Thiel's network. This mirrors how tech billionaires capture regulatory agencies: plant allies in key positions, then coordinate policy from the inside. Twelve Thiel-backed officials can now push crypto deregulation, weaken SEC oversight, and protect tech monopolies from antitrust enforcement.

Peter Thiel spent $35 million on 16 Republican candidates in 2022, with 12 winning their races. What did this investment strategy accomplish beyond individual victories?

Explanation

Sources

Related Questions

PRINCIPLE

EXPLORE

RESOURCES