Peter Thiel's Facebook exit clears the way for his Republican ambitions
CNN
Peter Thiel, the controversial billionaire tech founder and investor, has used his fortune to encourage kids to skip college, to back a lawsuit that bankrupted Gawker Media and to donate to the presidential campaign of Donald Trump when many in Silicon Valley were strongly opposed to him.
Now, Thiel's exit from the board of Meta Platforms (neé Facebook) could free up more time for Thiel to double down on his political efforts and position himself as a new kingmaker in the Republican world.
Meta (FB) announced on Monday that Thiel — one of the company's longest-serving board members and a close adviser to CEO Mark Zuckerberg — would not stand for reelection as a board director at its annual meeting later this year. Zuckerberg suggested that Thiel is leaving his position on the board to "devote his time to other interests."
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