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Facebook-parent Meta<\/a> Platforms Inc said on Monday that billionaire investor Peter Thiel, an early investor who has been on the company's board since 2005, has decided to retire.
Thiel aims to spend time helping elect candidates who he believes will advance former President Donald Trump's agenda in the U.S. midterms, the Congressional elections this year, a person familiar with the situation said.
Thiel, a co-founder of online payments system PayPal<\/a> and a rare voice of conservative politics in Silicon Valley, became a Facebook<\/a> investor in 2004, when he provided $500,000 in capital at a $5 million valuation for a 10% stake in the company and a seat on its board of directors.
Thiel will serve as a director until Meta's annual shareholder meeting but will not to stand for re-election, the social media giant said.
\"Peter is truly an original thinker who you can bring your hardest problems and get unique suggestions,\" Chief Executive Officer Mark Zuckerberg<\/a> said, thanking Thiel for his service.
The announcement comes as Meta's shares have fallen sharply over concerns that privacy changes to Apple products<\/a> was making it harder for advertisers to see how their ads work on Facebook. The stock fell 5.1% on Monday, and has lost a third of its value this year, but is still worth more than $600 billion.
Thiel left with kind words for Zuckerberg. \"His talents will serve Meta well as he leads the company into a new era,\" Thiel said in the statement announcing his departure from the board.
He did not respond to a request seeking further comment.
Thiel was one of Silicon Valley's most prominent Trump supporters, speaking at the Republican National Convention in July 2016, where he hailed Trump as \"a builder.\" He later served as an advisor on Trump's White House transition team.
Thiel plans in particular to help Blake Masters, a Republican candidate hoping to unseat Democratic U.S. Sen. Mark Kelly of Arizona, the person familiar with the situation said. He was also backing J.D. Vance, author of the best-selling memoir \"Hillbilly Elegy\" and a Republican Senate candidate in Ohio, the person said.
The billionaire has contributed $10 million each to political action committees supporting their individual candidacies, according to OpenSecrets.org, which tracks political donations.
Thiel's backing of Trump was unusual in Silicon Valley and led to dispute with fellow Facebook director, Netflix<\/a> CEO Reed Hastings. In a 2016 email to Thiel, Hastings called his support of the presidential candidate \"catastrophically bad judgment\" and questioned his fitness to remain on the board, according the Wall Street Journal https:\/\/www.wsj.com\/articles\/tech-luminary-peter-thiel-parts-ways-with-silicon-valley-1518696120?mod=mktw&adobe_mc=MCMID%3D59896322563842602250636830469272787258%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1644281714, which reviewed the message.
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Facebook的早期投资者Peter Thiel从元董事会辞职
泰尔打算花时间帮助那些他认为将推动前总统选举候选人唐纳德·特朗普的议程在美国中期选举,今年的国会选举,一个知情人士说。
Facebook-parent元平台公司周一表示,亿万富翁投资者彼得•泰尔早期投资者一直在自2005年以来,公司董事会已决定退休。
泰尔打算花时间帮助那些他认为将推动前总统选举候选人唐纳德·特朗普的议程在美国中期选举,今年的国会选举,一个知情人士说。
泰尔,在线支付系统的联合创始人贝宝保守的政治的和罕见的声音在硅谷,成了脸谱网投资者在2004年,当他在资本提供了500000美元的估值为500万美元10%的股份公司,公司董事会的一个席位。
泰尔将作为董事直到元的年度股东大会,但不会改选,社交媒体巨头说。
“彼得是真正原创思想家你可以把你的困难问题,获得独特的建议,”首席执行官马克扎克伯格希尔说,感谢为他服务。
宣布之际,元的股价急剧下降在担心隐私的变化苹果产品让广告商更难看到他们的广告在Facebook上工作。周一股市下跌了5.1%,今年已经失去了其价值的三分之一,但仍是价值超过6000亿美元。
泰尔剩下对扎克伯格。“他的天赋将元以及他领导公司进入一个新时代,”泰尔表示在声明中宣布他离开董事会。
他没有回复记者请求寻求进一步置评。
希尔是硅谷最著名的特朗普的支持者,在共和党全国代表大会2016年7月,在那里他将胜过誉为“建设者”。He later served as an advisor on Trump's White House transition team.
泰尔计划特别是帮助布莱克大师,一个共和党候选人希望推翻民主美国的亚利桑那州参议员马克·凯利,知情人士说。他还支持J.D.万斯,最畅销的回忆录的作者“乡下人挽歌”,在俄亥俄州共和党参议员候选人,这位人士说。
亿万富翁贡献了1000万美元的政治行动委员会支持个人候选人,据OpenSecrets.org,追踪政治捐款。
希尔特朗普的支持是不寻常的在硅谷和导致争端的Facebook导演,网飞公司CEO里德·黑斯廷斯。希尔在2016年的一份电子邮件,黑斯廷斯称他支持的总统候选人“灾难性的错误判断”,质疑他的体能保持在黑板上,据《华尔街日报》网站https://www.wsj.com/articles/tech——杰出人物——彼得-希尔-地区-方式-与-硅-谷- 1518696120 - ?mod = mktw&adobe_mc = MCMID % 3 d59896322563842602250636830469272787258 % 7 cmcorgid % 3 dcb68e4ba55144caa0a4c98a5 % % 7 cts % 3 d1644281714 2540 adobeorg,它回顾了消息。
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