In terms of politics Given the climate and the political views of Peter Thiel, it seems ironic that Thiel Capital, a self-described “femtech” company that provides fitness and wellness recommendations based on the stages of the menstrual cycle, chose 28 as a good time to give back.
Then you start doing the math.
Thiel is known for his right-wing leanings and has poured money into PACs that support the Senate campaigns of various populist Republicans. For example, early last year, JD gave $10 million to a PAC supporting Vance for an Ohio Senate seat. Vance famously compared abortion to slavery.
Thiel has endorsed Trump-backed Arizona Senate candidate Blake Masters, whose website once claimed to be fully pro-life and supported “a federal personhood law that would recognize unborn children as unkillable persons.” The intro has been canceled, NBC News reported. Vance and Masters are former venture capitalists who won their respective Republican primaries. Both are supported by TL (although this support seems to be waning).
“The potential for innovation in the private sector is limitless, but so is the potential for harm.” Olivia Deramus, Founder, Commons
Then you look at 28, a branch of Evie magazine. (An Evie representative told TechCrunch that 28 and Evie are two separate entities and operate as such, noting that TL Capital’s investment was in the former rather than the latter. By Evie” and 28byevie.com now redirect to 28.co. Evie’s other publications “ It is a publication that focuses on affirming feminism without a biased agenda.
This is itself described as transphobic language that seeks to exclude trans women from the definition of feminism, a fact that Evie’s story reflects on being a “trans debate.” [is] It is the cause of the increase in mental health problems in women. In addition, the publication’s views on the right to abortion include, for example, writing that “human abortion is an intentional termination of the womb, which is not medically necessary.”
Although it’s clear that 28 is now considering distancing itself from AV, the startup’s version of the magazine-affiliated $3.2 million seed round was led by TL Ventures. In Pitchbook, it is the only “femtech” the firm has invested in. This is no accident. Thiel’s decision to back Capital 28 and its Evie-powered agenda appears to be one of many examples of right-leaning investors and entrepreneurs marketing a different brand of conservatism in different ways.
