Mitch McConnell’s shipping CEO sister-in-law Angela Chao ‘DROWNED’ on private Texas property after her car crashed into a ‘body of water’, investigators say


Mitch McConnell's shipping CEO sister-in-law Angela Chao 'DROWNED' on private Texas

Angela Chao, a shipping company CEO and the sister-in-law of Mitch McConnell who was killed over the weekend, is believe to have drowned on private Texas property after her car crashed into a ‘body of water.’  Police investigating the incident do not suspect foul play at this time, an official said. Chao was not involved politically but served as CEO of American shipping company Foremost Group and was sister of former Secretary of Transportation Elaine Chao, McConnell’s wife.

Texas cops investigating Mitch McConnell’s sister-in-law’s death as a CRIME: Police say her drowning in pond on husband’s ranch after ‘driving into water’ was ‘not a typical accident’ – but refuse to release 911 call and video evidence

Mitch McConnell's sister-in-law Angela Chao's car crash death is being investigated as a

Angela Chao, 50, who was the CEO of shipping company Foremost Group, died earlier this month when her car entered a body of water on a private ranch in Texas. Police have now said her death is currently under ‘criminal investigation’. In a letter to Texas Attorney General Ken Paxton, the Blanco County Sheriff’s Office said: ‘This incident was not a typical accident.’ Due to her death remaining the subject of a criminal probe, the sheriff’s office added that 911 logs, audio and video evidence could not be released to media outlets.

US Intelligence admits Facebook, MySpace ties

Admission confirms long-held suspicions of intelligence links to big internet companies

James Corbett
Corbett Report

August 22, 2007

In an online article yesterday, the Financial Times broke the news that a senior spokesman for the Director of National Intelligence in the United States has confirmed that his office has reached out to the CEOs of Facebook and MySpace to help them develop a new social networking site for spies. According to the article, the offer came for the CEOs to attend a conference being organized by the DNI and the National Security Alliance — billed as a public-private intelligence group — although “so far Mark Zuckerburg, the CEO of Facebook, has declined.” The offer itself is of note, as there have long been concerns about the relationship between the intelligence apparatus of the United States and various big internet companies, inlcuding most notably Facebook and Google. As the article notes, “the Central Intelligence Agency recently used Facebook to help boost applications for the national clandestine service…spark[ing] concerns that the CIA was monitoring members, which the agency denies.”

The Information Awareness Office sought to implement data mining techniques to gain information about the public. It was banned by Congress in 2003, but Facebook venture capital money has ties to the program.
Facebook venture capital leads back to the Information Awareness Office.

But the CIA-Facebook connection is much deeper than that gloss would suggest. As numerous researchers have demonstrated, Facebook was in fact helped into existence by $12.7 million of venture capital money from Accel Partners, whose manager, James Breyer, has multiple links to CIA venture capital firm In-Q-Tel, including ties to Dr. Anita Jones. Dr. Jones’ links go back to the Department of Defense and DARPA, the office that brought you the Orwellian government agency known as the Information Awareness Office, which failed to go away despite being banned by Congress.

Indeed, Facebook is not the only ubiquitous website to have deep ties to the intelligence community. Google has long been known to have deep ties to the CIA, as noted in an article at, an industry publication marketed to homeland security professionals. The article quoted Robert David Steele, a veteran intelligence official, who revealed that Google “has been taking money and direction for elements of the US Intelligence Community, including the Office of Research and Development at the Central Intelligence Agency, In-Q-Tel, and in all probability, both the National Security Agency (NSA) and the Army’s Intelligence and Security Command.” The article goes on to point out that Google received $25 million in equity funding back in 1999 from an investor with a “close relationship” to In-Q-Tel, the CIA venture capital firm whose ties to Facebook have already been outlined. In-Q-Tel also nurtured Keyhole Inc., a company which was acquired by Google in 2004 and whose mapping technology eventually became Google Earth. Robert Steele confirmed all of this in a 2006 interview with Alex Jones, an American radio talk show host.

It is of course no surprise that the CIA and other government institutions seek to utilize web 2.0 apps to improve their credibility, but their relationship with the most popular websites is not skin-deep and not by coincidence, as we have seen. Now the DNI is taking back some of the investment it has made in sites like Google and Facebook by way of “A-space” which, the Financial Times article notes, will include web-based email, document creation, modification and recommendation, as well as access to an intelligence wikipedia and a social bookmarking application. The DNI wants the service, which will initially be offered on a “voluntary” basis—implying it will eventually be mandatory—to be utilized by “foreign intelligence services” as well, although “there has been some resistance.”

One CIA funded company that is definitely scanning Facebook chats is Facebook.


It was pointed out above, but the In-Q-Tel involvement in Facebook is seriously tenuous;

    The second round of funding into Facebook ($US12.7
    million) came from venture capital firm Accel Partners.
    Its manager James Breyer was formerly chairman of
    the National Venture Capital Association, and served
    on the board with Gilman Louie, CEO of In-Q-Tel, a
    venture capital firm established by the Central
    Intelligence Agency in 1999. One of the company's
    key areas of expertise are in "data mining

So the evidence for an investment is that Facebook’s lead investor for their Series A was the Chairman of the NVCA, of which the CEO of In-Q-Tel was also a member (along with 7 other prominent VCs). That’s it.. an investor was on a board with the CEO of In-Q-Tel.None of Facebook’s SEC filings ever showed a single dollar from In-Q-Tel and they’re not shy about publicizing what they’ve invested in:


Interesting, I’d heard it mentioned a number of times and I just assumed it was true.


James W. Breyer (born July 26, 1961)[1] is an American venture capitalist, founder and chief executive officer of Breyer Capital, an investment and venture philanthropy firm, and a former managing[2] partner at Accel Partners, a venture capital firm. Breyer has invested in over 40 companies[3] that have gone public or completed a merger,[4] with some of these investments, including Facebook,[5] earning over 100 times cost and many others over 25 times cost.[6] On the Forbes 2021 list of the 400 richest Americans, he was ranked #389, with a net worth of US$2.9 billion.[7]

Early life and education

Breyer was born in 1961 in New Haven, Connecticut, the son of Hungarian immigrants.[8][9] His father, John P. Breyer, was an engineer[9] and executive at International Data Group;[10] his mother Eva was an executive at Honeywell.[8] In 1983, Breyer received a B.S. with Distinction in Interdisciplinary Studies from Stanford University.[8][11] He spent his junior year studying in Florence, Italy, and is active in what is now Stanford’s Breyer Center for Overseas Studies in Florence.[11] He was drawn to Silicon Valley’s technology industry and during college he worked part-time for both Hewlett-Packard and Apple Inc.[12] After college, he accepted a job as a management consultant for McKinsey & Company in New York for two years.[13] In 1987, he earned a Master of Business Administration from Harvard University where he was named a Baker Scholar graduating in the top 5% of his class.[14]


Accel Partners and Breyer Capital

In 1987, he accepted a job with the venture capital firm Accel Partners in San Francisco and was mentored by founders Arthur Patterson and Jim Swartz.[8] In 1990, he was named a partner and in 1995, he became a managing partner.[11]

Accel Partners was Facebook’s biggest shareholder after Mark Zuckerberg, owning an 11% stake at the time of the company’s IPO.[15] In 2005, Breyer led Accel Partners’ $12.7 million deposit at a $98 million valuation in the then ten-employee startup Facebook.[13] In 2000, Breyer also established Accel-KKR, a joint venture between Accel Partners and the private equity firm KKR.[16] Breyer also led the 2004 management buyout of BBN Technologies from Verizon.[17]

Breyer has led several Series A investments, including Etsy,[18] Clinkle[19] and Circle Internet Financial.[20] He has also led investments in Legendary Pictures[13] and Spotify.[21] Forbes said of Breyer, “He glides easily within and between circles: Silicon Valley, China, Europe, and Hollywood.”[13]

In 2006, Breyer founded Breyer Capital, a global equity investor focused on providing capital to help catalyze high impact social and for-profit entrepreneurs.[13] The fund focuses on emerging markets such as China, South East Asia, and India.[22] Breyer continues to manage the fund as CEO. Breyer Capital has participated in a number of investments including Harvard’s Experiment Fund,[23] Brightcove,[24] Marvel Entertainment[25] and Legendary Pictures.[26]

In 2014, Breyer joined the Wickr board of directors, pledging $30 million in funding. Wickr is a messaging app that seeks to provide encrypted and self-destructing messages for users which pledges a strict commitment to user privacy.[27][28][29]

In July 2016, Breyer also joined the board of the alternative investment firm The Blackstone Group, the largest such firm in the world according to a 2013 New York Times piece.[30][31][32]

In 2020, Breyer established a second office for Breyer Capital in Austin, Texas.[33][34] Since establishing its Austin office, Breyer Capital has backed Sana Benefits, Bestow,, DISCO,, ZenBusiness, LitLingo, Homeward and OJO Labs.[35]

Investment in China

In 2005, Breyer helped establish a joint venture between Accel Partners and China-based IDG Capital Partners, a pioneering Chinese investment firm behind Baidu and Tencent.[36] Breyer and Patrick Joseph McGovern, the Founder and CEO of IDG, have served as co-leads on the Accel-IDG joint venture’s strategic investment committee since its inception in 2005.[37] Breyer is active in the Chinese investment community and continues to invest in the country through Breyer Capital and partnerships with IDG.[38] Additionally, he is a member of the advisory board of the Tsinghua University School of Economics and Management, Beijing.[39]

In June 2014, IDG Capital announced the closing of IDG China Venture Capital Fund IV, a $586 million tech venture capital fund focused on making early-stage technology, media and telecom (TMT) investments in China. IDG also announced the participation of Breyer Capital and stated Jim will play a leading strategic advisory role in the new fund.[40][41]

In June 2016, the Wall Street Journal published a piece on what is one of the largest ever China-focused venture capital funds raised, $1 billion in capital commitments for the IDG Capital Fund III of Breyer and IDG Capital.[42]

Professional associations and memberships

In February 2013, Breyer was elected a fellow of the Harvard Corporation, Harvard University’s senior governing board.[11] He also serves on the Board of the Dean’s Advisors of the Harvard Business School and is a founding member of the Harvard University Global Advisory Council.[11] In December 2005, Breyer was appointed an honorary professor at the Yuelu Academy, Hunan University, China.[43] Jim is the past Chairman and remains a Board Member of the Tsinghua University Advisory Board for the School of Economics and Management. He also is a member of the University of Texas President’s Innovation Board.[44]

He is a member of various World Economic Forum committees,[45] and a member of the Lead Director Network, an organization of directors dedicated to improving the performance of their corporations and earning the trust of their shareholders through more effective board leadership.[46] Additionally, Breyer serves as the Chairman of the Stanford University Engineering Venture Fund and is on the board of the Stanford Technology Ventures Program.[47][48] In 2019, Breyer helped found the Stanford HAI program which focuses on the future of AI.[49]

Breyer previously served on the boards of Etsy,[18] Legendary Entertainment,[50] Circle Financial,[51] and 21st Century Fox where he was Chairman of the Compensation Committee and a member of the Nominating Committee.[52] He is also a minority owner of the Boston Celtics.[53]

In the past, Breyer has served on a number of public and private boards, including: Facebook from April, 2005 to June, 2013 where he was a Chairman of the Compensation Committee;[54] Wal-Mart Stores, Inc., as the lead/presiding independent director from 2001 until he resigned in June 2013;[55][56] Marvel Entertainment as founding Chairman of the Strategic Planning Committee from 2006 until their acquisition by The Walt Disney Company in 2009;[57][58] News Corporation from 2011 to 2013;[59] Dell Inc., where he was the founding Chairman of the Strategic Planning and Finance Committee from 2009 until 2013;[60][61] Brightcove, an online video platform which went public in 2012;[62] and Model N as a founding investor and board member. Breyer is a member of the Council on Foreign Relations, Pacific Community Ventures, and TechNet.[11][47] Jim is a Trustee of the Metropolitan Museum of Art, where his wife, Angela Chao, was also a Member of the Chairman’s Council, and a Trustee of the San Francisco Museum of Modern Art.[63][64]

Breyer has previously held a number of other leadership positions, including: Chairman of the National Venture Capital Association (NVCA); President of the Western Association of Venture Capitalists; Member of the Board of the Associates of the Harvard Business School; Chairman of the Harvard Business School California Research Center; and Chairman of the Silicon Valley region committee for Stanford University’s Campaign for Undergraduate Education.[11][47][65]

Jim Breyer’s economic commentary and analysis regarding international market movements and investment trends have been cited in various financial publications, including Fortune, the New York Times and Business Insider.[66][67][68][69]

Awards and achievements

In August 2010, Fortune named Breyer one of the 10 smartest people in technology, and the smartest investor in technology. For three consecutive years, from 2011 to 2013, Forbes has ranked Jim Breyer number one on the Forbes Midas List of Tech’s Top Investors.[70][71][72] Breyer received the Silicon Valley Forum’s Visionary Award in 2012.[73] He was also named to the Vanity Fair New Establishment Hall of Fame in 2012.[74] In 2014, Breyer was given a Lifetime Achievement Award by Venture Capital Journal. In 2014, he received the Golden Plate Award of the American Academy of Achievement presented by Awards Council member Justice Anthony Kennedy during the International Achievement Summit in San Francisco.[75][76]


In April 2013, a lobbying group called (aimed at lobbying for immigration reform and improvements to education) was launched, with Jim Breyer listed as one of the founders.[77]

Personal life

Breyer was married to the CEO of Foremost Group, philanthropist Angela Chao, the youngest sister of Elaine Chao and the widow of Bruce Wasserstein until her death in February 2024.[78][79][80] Elaine Chao, the former U.S. Secretary of Transportation, is married to Senate Minority Leader Mitch McConnell, making Breyer and McConnell brothers-in-law.[81]

Breyer was previously married to his college sweetheart and impressionist artist Susan Zaroff, with whom he had three children, Emily, Daniel, and Theodore (Ted).[7][82] They divorced in 2004.[83] Daniel and Ted are partners at Breyer Capital and co-founders of Breyer Labs, a bootstrapped cryptocurrency fund.[84]


  1. “Breyer Capital – About”. Breyer Capital. Retrieved 2022-02-08.

External links

Author: swmof88