It was PayPal cofounder and venture capitalist Peter Thiel who introduced his mentee, JD Vance, to President-elect Donald Trump at Mar-a-Lago in 2021. Three years later—with Trump and Vance just weeks from the White House—it’s Thiel who is sitting pretty as many people within his network head for official or advisory positions in the next administration. David Sacks—who worked with Thiel at PayPal and wrote for the Stanford Review, the student newspaper Thiel founded as an undergraduate at Stanford University in 1987—was named as the White House’s incoming “AI and crypto czar” on Wednesday. Jim O’Neill, former CEO of Thiel’s personal foundation, has been picked as deputy secretary of the Department of Health and Human Services. Elon Musk, whose financial and vocal support helped elect Trump, will be running the so-called Department of Government Efficiency, or DOGE. Musk had worked closely with Thiel at PayPal; and Thiel’s venture fund, Founders Fund, was an early investor in several of Musk’s companies, including space cargo business SpaceX, tunneling firm the Boring Company, and brain-chip startup Neuralink. Trae Stephens, a general partner at Founders Fund, is reportedly being considered for deputy secretary of defense, according to the Wall Street Journal. And Michael Kratsios, Thiel Capital’s former chief of staff and a director at Founders Fund–backed Scale AI, is reportedly handling tech policy during the Trump transition. Then, of course, there is Vance, who worked for Thiel at one of his funds, Mithril Capital, then launched a venture fund that Thiel backed. Founders Fund still lists Vance’s venture firm, Narya Capital, as an “affiliate” on regulatory filings. All of these individuals, including the vice president–elect, sit within powerful Silicon Valley networks with one man at their center: Thiel. There’s the PayPal Mafia, the group of early employees of the digital payments company that includes Thiel and Musk. There’s the conservative student paper, the Stanford Review. There’s Founders Fund, the $12 billion venture capital firm that has invested in the major startups working most closely with the U.S. Department of Defense—SpaceX, Palantir, and Anduril. And then there’s also Thiel’s personal endeavors, like his family office, foundation, or other funds.
via fortune: How Peter Thiel’s network of right-wing techies is infiltrating Donald Trump’s White House
By Susan Sterner – http://www.whitehouse.gov/news/releases/2001/12/images/20011202-1.html, Public Domain, Link