Co-founders of the online payment company PayPal, which is currently owned by eBay Inc. have reportedly donated funding to Endorse Liberty, a Super PAC supporting Republican Presidential candidate Ron Paul.
According to Reuters, the PAC announced on Tuesday that PayPal co-founders Peter Thiel and Luke Nosek and Scott Banister threw in money alongside Internet advertising veteran Stephen Oskoui and entrepreneur Jeffrey Harmon, who founded Endorse Liberty in November.
“Too often in this country we learn things the hard way … With its unsustainable deficits, government spending is heading down the same path. Men and women who want freedom and growth should take action. A good place to start is voting for Ron Paul,” Thiel said in a statement.
Endorse Liberty has reported spending about $3.3 million promoting Paul by setting up YouTube channels, buying ads from Google and Facebook and StumbleUpon and building a Web presence.