The republicans have a Peter Thiel problem

He has made a career out of betting early and cashing out strategically. This is no exception. He funded around $30 million to create two Senate candidates and pushed them through their primaries. So why is he now bailing? As the campaigns of Blake Masters and JD Vance struggle, the party finds itself in a standoff with one of Silicon Valley’s most ruthless investors. Max Chafkin examines the Republican Party’s struggling relationship with Peter Theil and the reasons behind his erratic behaviour.