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The Guardian - US
The Guardian - US
Technology
Edward Helmore

Peter Thiel won’t fund any 2024 races after backing Trump in 2016: ‘It was crazier than I thought’

Peter Thiel in 2016.
Peter Thiel in 2016. Photograph: Saul Loeb/AFP/Getty Images

Peter Thiel, the tech billionaire who supported Donald Trump in 2016 and sunk millions more into underperforming Maga candidates in subsequent election cycles, has confirmed rumors that he is stepping away from 2024 political funding.

In an interview with the Atlantic, Thiel said voting for Trump “was like a not very articulate scream for help” and that things had not turned out the way he had hoped when he donated $1.25m to Trump and Trump-affiliated political funds eight years ago.

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