With the ascension of Elon Musk, Peter Thiel acolyte JD Vance, Ken Howery, David O. Sacks, and other members of the so-called “PayPal Mafia,” to various official and unofficial positions within the executive branch of the new Trump administration, media attention has turned to this group of tech oligarchs in an attempt to understand what direction these men have in mind for the United States and the world.
The 20-odd alumni of PayPal have since 2002 founded, funded, or served as executives for most of the worlds biggest and most influential tech and venture capital firms — from YouTube, Facebook, SpaceX, Tesla, Lyft, Airbnb, Palantir, Pinterest, OpenAI, Reddit, Eventbrite, Tumblr, LinkedIn, Quora, Yelp, Postmates, Square, and Stripe, among others.
The PayPal Mafia, and the coalition that brought Trump back into power generally, contains a disparate set of ideological tendencies. What unites the PayPal Mafia — and the Silicon Valley faction of the new administration generally — with the Heritage Foundation-style reactionaries, and ultra-libertarian forces in the vein of Argentina’s Javier Milei is the goal of a state stripped down to its bare bones, with only one objective: maximize shareholder value.
Rex_Tail 📰MEET THE PAYPAL MAFIA ➡️
Show moreWith the ascension of Elon Musk, Peter Thiel acolyte JD Vance, Ken Howery, David O. Sacks, and other members of the so-called “PayPal Mafia,” to various official and unofficial positions within the executive branch of the new Trump administration, media attention has turned to this group of tech oligarchs in an attempt to understand what direction these men have in mind for the United States and the world.
The 20-odd alumni of PayPal have since 2002 founded, funded, or served as executives for most of the worlds biggest and most influential tech and venture capital firms — from YouTube, Facebook, SpaceX, Tesla, Lyft, Airbnb, Palantir, Pinterest, OpenAI, Reddit, Eventbrite, Tumblr, LinkedIn, Quora, Yelp, Postmates, Square, and Stripe, among others.
The PayPal Mafia, and the coalition that brought Trump back into power generally, contains a disparate set of ideological tendencies. What unites the PayPal Mafia — and the Silicon Valley faction of the new administration generally — with the Heritage Foundation-style reactionaries, and ultra-libertarian forces in the vein of Argentina’s Javier Milei is the goal of a state stripped down to its bare bones, with only one objective: maximize shareholder value.
đź”—Read in full on LiberationNews.org
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