Something is Stirring with Peter Thiel and Founders Fund
Memo to Andreessen: Don't follow the trolls off the cliff, Marc!
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Why yes, that is venture capitalist (and Netanyahu fan boi) Keith Rabois with Mayor Francis Suarez. Suarez answered Rabois protégé and Bulgarian-born space industry grifter — Delian Asparouhov — when he suggested moving San Francisco to Miami. “How can I help?” Suarez is now under investigation by the FBI for political corruption. Rabois is back in San Francisco. No word yet on who gets Delian, who runs his LA-based startup from — where else? — Miami, in the divorce.
You can be assured that neither Founders Fund nor Silicon Valley generally can be counted on to do background checks. Nor apparently can Florida’s public employees pension fund. I’m sure the pensioners of Florida would only be too happy to know their money is being used for Delian’s “space drugs.”
You’ll recall when it was revealed that Special Agent Johnathan Buma and I had turned billionaire Peter Thiel away from a self-destructive path there was much scuttlebutt about what was really going on.
Among those kvetching were none other than Romanian-born Zionist and unregistered foreign agent Costin Alamariu a.k.a. Bronze Age Pervert who got extremely sympathetic treatment from Rosie Gray — where else? — in The Atlantic, itself funded by Steve Jobs’s widow and edited by former American-born Israeli prison guard Jeffrey Goldberg. Alamariu — whose mentor worked for Israeli front JINSA — seems positively obsessed with yours truly, tweeting in an increasingly unhinged manner—a far cry from when he begged me for funding from none other than Peter Thiel.
We don’t often look seriously at the role that these so-called “alternative” media properties play in policing the conversation and in shaking down billionaires to fund theses hostile intelligence operations. “Fund us, or we will write about all the secrets we know about you!” they aver. In this way, the spirit of Gawker lives on. Once suitably cowed the compromise begins. Note, for example, Elon Musk and all the IDF agents who now run Twitter. (Previously Twitter was mostly an Indian intelligence operation.)
When many of these rumors apropos of Thiel’s and my relationship turned false — Thiel had invested in several of my companies, for example — the Likud-friendly media turned its interests elsewhere. Something was happening but good taste precluded talking about the role of the Israelis in that undertaking even though the evidence was all around us.
In fact, my real complaint is that Founders Fund was compromised by foreign interests, namely those of the Likud Israelis. I wrote about it at the time. I warned Peter about it in texts and in emails and in person. Recent events have more or less persuaded me that I was exactly correct.
This foreign capture of venture funds and of pension funds will be a common refrain you’ll hear over and over again as these scandals are unearthed.
Nevertheless my whistleblowing upset all the right people. There was much bellyaching about it from all those Israeli-adjacent sources, like say, Puck News’s Teddy Schleifer who criticized Business Insider for running the story in the first place. Marcy Wheeler, who launders a lot of Israeli talking points, doubted Buma and me very much so. Her work has recently drawn praise from Kholomoisky pal Lev Parnas.
You see, I’m the wrong kind of source: A patriotic American who is often too correct. But events have more or less confirmed that Buma and I were right about, well, pretty much everything.
And the right-wing troll hope that Peter Thiel might emerge as the next Sheldon Adelson was not to happen. At my say so Thiel finally fired Eric Weinstein. Thiel stepped away from German flim flam man Christian Angermayer who served as a front for Russian intelligence. Gone were key players in Thiel’s inner circle, mostly at the Foundation. These included James Bacon, who ran the office of Personnel and Policy with fraudster Johnnie McEntee, and former Austrian chancellor (and Russia and Likud shill) Sebastian Kurz who was recently convicted for perjury.
To be sure Thiel eventually gave a sort of apologia to Barton Gellman at the Likud publication, The Atlantic, in which he offered an explanation for why he was no longer a political donor. It wasn’t quite true but hey it was useful enough.
Careful observers of Thielverse learned that I was, in fact, quite right, and especially attentive friends concluded that I had turned Thiel away from the Likudnik path he was on, notwithstanding the absurd decision of Palantir to jump head first into the Israel-Palestine conflict.
Thiel’s been stepping back from all his terrible decisions.
Most recently Thiel announced his resignation for “personal reasons” at the Vancouver-based biotech company AbCellera. Close observers know that a lot of these “biotech” plays are, in fact, simple Chinese or Chisraeli money laundering plays.
Berber Jin at the Wall Street Journal suggests that former Founders Fund partner and Netanyahu fan boi Keith Rabois had had a nasty fight with some of the other partners at Founders Fund. When I pressed, he said it was “either Trae Stephens or Brian Singerman.” I’m a fan of neither Stephens nor Singerman finding neither man to be terribly impressive. Stephens gives me the creepy evangelical vibes. I think his dad was a carnie or something. Singerman pushed through Stemcentrix, which distracted us from doing the real sorts of work, namely genomics, which would relegate cancer to a thing of the past. “We wanted flying cars but we got Stemcentrix,” I used to chide Peter, a mockery of his riff about wanting flying cars but getting Twitter.
Add to that the strange departure of Ryan Petersen back to Flexport, the logistics company he had founded. I have grave doubts about the long term viability of Flexport, especially given the fascination that Peterson had with the late Angela Chao and the Foremost Group and my general skepticism about the future of U.S.-China trade relations.
Petersen and I were once quite close. I introduced him to friends of mine at the Trump Department of Transportation though Petersen didn’t play his hand right. Against my wishes He told Trae Stephens about Martin UAV — a fascinating drone company that does VTOL, or vertical takeoff and landing — that managed to get subsumed into one of these Chinese-Israeli properties — Shield AI. Rather incredibly Shield AI raised an additional $300M in Series F financing for its vaporware. Sometimes the best way to kill the future is to acquire it. Alas!
Still Petersen had good taste describing Clearview, the facial recognition company I cofounded, as one of the “most mind-blowing (software) product demo[s] [he’d] ever seen.”
A source of mine quite close to the National Security Council told me matter of factly that Founders Fund had been compromised.
Thiel’s gravest error was doing little to advance the interests of the United States. To the extent Silicon Valley became an attack on America’s sense making. But we’re rolling all that back now.
*****
We are fast at work in a kind of global war against oligarchy. Some oligarchs are turned. Others, like Musk, are crewed up with rival states. Some exist as a sort of hybrid between worlds, the Mob and the intel services.
Beginning with the election of Donald Trump, which kicked all of this off, the counterintelligence operation against global money laundering took place in the following order: films, venture capital, real estate (commercial and residential), diamonds, and now art. Each of these sectors had a scapegoat: Harvey Weinstein with films, Sequoia with venture capital, Adam Neumann with commercial real estate, Donald Trump with residential, and so on.
Industries are particularly adept at offering up rivals as scapegoats and you can see a lot when you look at the various efforts of venture funds to Get China. Indeed one could make the case that the failed China committee led by the soon to be retired whilst still young Congressman Mike Gallagher of Wisconsin was one such effort. Keith Rabois husband — and Palantir advisor — Jacob Helberg cosplayed as an anti-China hawk despite no real experience or expertise.
The hope was that Sam Bankman-Fried might be the scapegoat but the gods of the SEC and the Southern District of New York are not so suitably satiated.
I think Marc Andreessen will be crypto’s scapegoat and I think his partners are setting him up for it.
To some extent that set up is what I think accounts for Marc Andreessen’s recent political binge. Andreessen isn’t so much doing politics as he is paying a vig to the Imperial City. A Saudi friend of mine and I were joking about Andreessen decides which of his houses to live in. Real estate isn’t the future, Marc.
“American Dyanism” — as the effort to grift off of America’s military industrial base — hasn’t worked out because of the paucity of Americans actually working in that effort. Marc, this stuff doesn’t work. No matter how much marketing you throw at David Ulevitch or Katherine Boyle they’ll still never be trusted by the Imperial City.
Whilst Andreessen is trying to ingratiate himself — and it really isn’t working — Thiel has seemingly has started cleaning house at Founders Fund though much work remains.
Andreessen should call Thiel and ask about what really occasioned his turning.
Accused sexual predator Keith Rabois is back working for Vinod Khosla who is plugged into Indian intelligence and Mr. Modi. We’ve written about that previously though it’s worth repeating now that the Indians are on the march and up to no good.
You can read Nikki Haley’s candidacy as an Indian-Israeli call option on Trump not making it to the election. Haley has become a place holder for the Never Trumpers to signal their disapproval. A lot of tech people back Haley as a way to signal that they are trying to get Indian money. You might have noticed that Israeli assets like VC Josh Wolfe of Lux Capital are vacationing in India and the closeness between Sam Altman and Vinod Khosla was noted when they both attended the state dinner between India and America.
You’ll recall that I pushed repeatedly for Thiel to step down from the board of Facebook. I told Peter to crew up or be crushed.
It’s unfortunate that Peter relied on people who didn’t have his — or America’s — best interests at heart.
With Peter seemingly out of the way Sam Altman and Marc Andreessen have stepped into the void. They, too, will be neutralized.
It’s best not to feed the trolls, Mr. Andreessen, and yes, that does include some of the lobbyists you’ve had occasion to hire. We’re not even going to go there with the sh*tlords you’re in the DMS with because this is a family substack.
Why back Heather Larrison of Jeb Bush’s failed $100M+ Right to Rise? Why pour money behind SDKnickerbocker, itself a front for Mark Penn?
Is the cynical hope such that by being bipartisan with your pay offs you’ll somehow survive?
There are better ways.
Oilman T. Boone Pickens, who financed the cynical Swift Boat Veterans for Truth effort against John F. Kerry, ended his career as a wind farm lover.
After his foray into American politics Pickens was voluntold to be charitable and helpful. This was the deep state essentially telling the aging Oklahoman to get with the program.
A similar effort needs to take place with all the venture capitalists.
It’s nice of you to come visit the Imperial City but you’re a mere tourist here, Marc. We’re the innkeepers.
Now about your bill…
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More shit is going down at Founders Fund: https://techcrunch.com/2024/03/04/brex-sam-blond-leaves-founders-fund/amp/