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Just to make it clear Peter is not donating on behalf of PayPal; it is his personal donation. It's important to separate people from a company's official position. PayPal, as a company, did not make a donation.
It's important to not badmouth a company because you don't like what one of the directors does.
It's not about political inclinations; it's about business.
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If PayPal as a company renouces what Peter Thiel has done, and gives the same amount or more to candidates other than Donald Trump as a way of disavowing what has been done, that is the only way to restore trust to the PayPal Community.
"no one misses PayPal members who leave for whatever reason" - this is terrible business practice and I hope the Paypal Leadership does not agree with you.
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I cannot support a company that supports Anti-American racists and bigots like Donald Trump!!! I've been using this company for 10 years! It is no longer worth anything!
http://money.cnn.com/2016/10/15/technology/peter-thiel-donate-trump-campaign/index.html
Good luck and good bye!!! I am cancelling my account and posting the above link everywhere I can!
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Does Peter Thiel have any current interests (management, stockholder, BOD) in PayPal? If so, based on his recent financial donations to Donald Trump's presidential campaign, i am severing my relationship with this company.
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It would be nice to see a public statement from PayPal. But according to this, Thiel no longer has any affilliation with PayPal.
On the other hand, he does have a large stake in Facebook:
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A lot of stockholders have large positions in many public companies. How often does a serious business person let that sway their business policies for using the company? Very few.
Of course, if PayPal doesn't provide the benefit you want for your buiness, then, by all means close your PayPal account.
In future investigate each of the directors of any potential business deals, including Wal-Mart, eBay, and Amazon. You may even find some undesriable dirctors at your favorite gaming sites.
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- Difficulty connecting PayPal for donations on campaign site on SquareSpace in About Business
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- How to be cautious when donating to help with Hurricane Harvey in About Protections
- I would like to use PayPal to help secure donations to my local political campaign. in About Business