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Peter Thiel Explains Why He’s Backing Trump

Peter Thiel, co-founder of PayPal, praised presidential nominee Donald Trump as having the ability to remake the GOP into a party that rejects bubble thinking and “reckons with reality.” In a subsequent Q&A in which he explained his libertarian leanings, Thiel said the tech industry “is about is always doing more with less. I think that would be a healthy perspective for us to have in D.C.”

“Tech billionaire Peter Thiel, a major supporter of Republican nominee Donald Trump, said that Trumpism ‘isn’t crazy and it’s not going away’ during a major speech in front of the National Press Club on Monday.”

Read the full story on Business Insider.