Agreed - though the numbers in the Thiel Roth aren't at that level of scale. Therefore having more money to invest in the market allows for an advantage. From

Agreed - though the numbers in the Thiel Roth aren't at that level of scale. Therefore having more money to invest in the market allows for an advantage. From your statement I can't tell if you think that having more after tax money is a benefit or a drawback for Thiel's investments. Also at higher AUM VC you have the Softbanks (and now every major VC firm that needs to compete at that level or be left in the dust)