Maybe nitpicking here but Theil is not giving money away. He’s investing it as he is expecting a return. He invests it in Silicon Valley companies because there

Maybe nitpicking here but Theil is not giving money away. He’s investing it as he is expecting a return. He invests it in Silicon Valley companies because there is a concentration of talent and capital. Is this an optimal way to distribute resources when the vast majority of that money will ultimately go to landlords? Probably not, but Thiel is also not running a charity.