I guess the "Thiel-backed" bit in the title worked as clickbait. It's not like Thiel had foresight, the Privateer people did. Or to extend it further, it's not

I guess the "Thiel-backed" bit in the title worked as clickbait. It's not like Thiel had foresight, the Privateer people did. Or to extend it further, it's not like Privateer had amazing foresight either.