The point is that the ceiling for the multiple a Hollywood film can return is way lower than the ceiling for the multiple VC can return. The discussion is aroun

The point is that the ceiling for the multiple a Hollywood film can return is way lower than the ceiling for the multiple VC can return. The discussion is around paying high prices and still getting a huge return, which makes Avatar a more apt analogy than the Blair Witch Project. That having been said, perhaps the analogy is a bit flawed, but at the going market cap Thiel has a 60,000x return on Facebook (on a large sum of money), and that will likely continue to go up. Even if the analogy is Twitter, started by the already successful Ev, or Slack, started by the already successful Stewart, both are likely to return a greater multiple.