News > Billionaire venture capitalist Peter Thiel to leave Meta board

Billionaire venture capitalist Peter Thiel to leave Meta board

Billionaire venture capitalist Peter Thiel will leave Facebook parent Meta's board, the firm said Monday, after a lengthy tenure that saw the network's rise and his vocal support of Donald Trump.

Meta and Thiel's announcement offered nothing on his future plans, but the Wall Street Journal and the New York Times reported that he would focus on aiding Republican candidates backing ex-president Donald Trump's agenda in the midterm elections.