Peter Thiel is leaving the board of Meta, greater than 16 years after changing into one in all Facebook’s earliest traders. In an announcement, Mark Zuckerberg mentioned that “we’ve always known that at some point he would devote his time to other interests.” The New York Times that these pursuits embrace “influencing” the upcoming November midterm elections and “backing candidates who support the agenda of former president Donald J. Trump.”
“Peter has been a valuable member of our board and I’m deeply grateful for everything he has done for our company — from believing in us when few others would, to teaching me so many lessons about business, economics, and the world,” Zuckerberg mentioned in an announcement. “Peter is truly an original thinker who you can bring your hardest problems and get unique suggestions.”
Thiel has suggested Zuckerberg from the earliest days of Facebook. He joined the board of the social media firm in 2005 after investing $500,000 within the fledgling social community. In an announcement, he known as Zuckerberg “one of the great entrepreneurs of our time.”
The Palantir founder can also be one of many extra controversial members of Meta’s board. Thiel was an early supporter of Trump, and was at a White House in 2019 when Zuckerberg “came to an understanding” with the president’s group that Facebook wouldn’t reality examine the president.
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