Posted on November 20, 2008

Billionaire Facebook Investor’s Anti-Immigrant Heresy

Owen Thomas, Valley Wag, November 14, 2008

Insiders at Clarium Capital, the $5.3 billion hedge fund run by Facebook investor Peter Thiel, are buzzing about their boss’s $1 million donation to NumbersUSA, an anti-immigrant group. The donation is an open secret within Clarium, and it has enraged several staff members who joined Clarium because they believed Thiel shared their libertarian ideals. When I asked Thiel if he’d made the donation, an underling passed on a nondenial saying the company didn’t comment on “gossip and heresy.” A typo—he meant to say “hearsay”—but a suggestive one. Thiel has fallen under the sway of Robertson “Rob” Morrow III, a Christian right-wing thinker who has personally donated to NumbersUSA, and persuaded Thiel to make his own, much larger donation.

{snip}

A NumbersUSA spokesman called me to deny that Thiel had made a donation. But the money trail out of Clarium is clear, insiders say, and it would be a simple matter for Thiel to have arranged to make his donation through a third party like DonorsTrust, a conservative foundation through which charitable grants can be directed. The reason why Thiel would want his donation to be anonymous is simple: Even while he’s betting against immigration with his hedge fund, he’s making money off of immigrant-run startups in Silicon Valley.

However Thiel is getting the money to NumbersUSA, it has specific goals: upgrading NumbersUSA’s computer system; hiring a full-time fundraiser to solicit large donations from the wealthy; and hiring Luntz Maslansky Strategic Research to run focus groups on public attitudes toward immigration.

So Thiel, like many wealthy sorts, is getting into politics. {snip}

That he’s now fallen under the sway of a right-wing Christian conservative is a bit crushing to the true believers Thiel attracted to his cause. Thiel once aimed to overturn the system. Now he just wants to work within it. As much as his anti-immigration views render him noxious to the Northern California mainstream, his turning away from an embrace of freedom make him an enemy to the rebellious thinkers he’s hired.