Conservative capitalists are funding their vision of the future • TechCrunch

Bringing politics Peter Thiel’s climate and political views, it seemed ironic at first that Thiel Capital chose now as the ideal time to turn 28, a firm that describes itself as a “femtech” that provides recommendations on Fitness and health are based on the phases of a person’s menstrual cycle.

Then you start doing the math.

Thiel is known for having The interests are quite skewed to the right and has poured money into PACs to support the Senate campaigns of many populist Republicans. For example, at the beginning of last year, he gave 10 million dollars to a PAC that supports JD Vance’s running for an Ohio Senate seat. Vance is compared famously abortion for slavery.

Thiel also supports Blake Masters, a Trump-approved Senate candidate from Arizona, whose website once claims he’s fully pro-life and supports “federal identity law that recognizes that infants are born.” human beings cannot be killed”. Item has since deletedNBC News reported. Vance and Masters are venture capitalists who have previously won Republican primaries. Both are supported by Thiel (although that support seems decline.)

“The potential for innovation in the private sector is limitless, but also potentially harmful.” Olivia DeRamus, Founder, Communia

Then you look at 28, an offshoot of Evie magazine. (An Evie representative told TechCrunch that 28 and Evie are two separate entities and operate as such, stating that Thiel Capital’s investment is only in the former, not the latter. However, it should be noted. that the site name of 28 is “28 by Evie,And now redirects to Evie is a publication that claims to focus on affirming femininity without the “biased agenda” of other publications.

That in itself is codified as transgender language that seeks to exclude transgender women from the definition of femininity, a fact highlighted by Evie publishing a story weighing whether “transgender debate [is] a cause of the increase in mental health problems in women.“Furthermore, the publication’s thoughts on abortion rights include writing that, for example,”Abortion is the intentional ending of a human being while in the womb and it is never medically necessary.. “

Although obviously 28 is now aim to distance himself from Evie, the magazine-linked starter has landed $3.2 million seed round led by Thiel’s joint venture. It’s the only “femtech” the company has invested in, according to PitchBook. This is not random. Thiel Capital’s decision to step back 28 and its Evie-backed agenda appears to be one of several examples of right-leaning investors and entrepreneurs bringing a particular conservative brand to market through through several roads.

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