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I don't think Peter Thiel is in it for the money, not anymore anyway. He is fairly straightforward and has talked about his motivations in various long-form int

I don't think Peter Thiel is in it for the money, not anymore anyway. He is fairly straightforward and has talked about his motivations in various long-form interviews over the years. In my observation, his actions are aligned with his motivations that he has expressed. Partisan media assigns fabricated evil motivations to explain his actions, like they do with everyone who they view as not on their side. People who get their idea of him from these sources have distorted view of him.

dnissley 5y ago
IIRC he sold most of his stake in 2012 after the IPO. He would be far richer today if he had just let his investment in Meta ride, even with the recent fall. It seems clear he's not in it for the money.
- adventured 5y ago
  > He would be far richer today if he had just let his investment in Meta ride You mean if he had had a crystal ball, which absolutely nobody on the planet possesses. Hyper concentrating your wealth in a highly risky investment, is not a good investment strategy. In the absence of a crystal ball, he made a very reasonable choice to cash the Facebook position out given his exposure to numerous other high-risk tech-related positions. Bill Gates would be richer if he had never sold a share of Microsoft, and it would have similarly been a really bad approach to personal wealth management. That doesn't mean Gates wasn't interested in the money (for his goals, the more money the better), it means he was acting rationally, prudent, in diversifying.
  - r00fus 5y ago
    > You mean if he had had a crystal ball Amusingly isn't that what a Palantir actually is?
JaimeThompson 5y ago
I would consider it evil to say that women shouldn't vote.
- WillPostForFood 5y ago
  I consider it evil to manufacture a false statement to slander someone you disagree with. He never said women shouldn't vote. What he actually said: The 1920s were the last decade in American history during which one could be genuinely optimistic about politics. Since 1920, the vast increase in welfare beneficiaries and the extension of the franchise to women — two constituencies that are notoriously tough for libertarians — have rendered the notion of “capitalist democracy” into an oxymoron. https://www.cato-unbound.org/2009/04/13/peter-thiel/education-libertarian/ https://www.cato-unbound.org/2009/04/13/peter-thiel/educatio...
  - JaimeThompson 5y ago
    https://www.cato-unbound.org/2009/04/13/peter-thiel/education-libertarian/ https://www.cato-unbound.org/2009/04/13/peter-thiel/educatio... It is rather obvious that he thinks women shouldn't vote given he blames them, in part, for the decline of "capitalist democracy". I could have also mentioned his work to make sure the general public has much less privacy while fighting with lots of money to make sure his privacy is respected. I have little use for those who wish to have separate rules for themselves than they want others to follow.
    - WillPostForFood 5y ago
      It isn't at all obvious you know what Thiel thinks, but it is obvious you don't like him. You can't go around making up quotes based on what you imagine people you don't like think. He didn't say what you claimed, why not just edit your post and retract it. By not doing backing down it makes it look like you knew it was untrue, but just wanted to take the cheap shot.
      - newbie789 5y ago
        [dead]
      - JaimeThompson 5y ago
        I have read a great many things he has written actually. Thiel is a big believer that people like him should be able to make most / all the decision in government because he is so successful and that most who think differently then him are just flat out wrong. He uses his money to support people who would make marriage be hetrosexual only because he has enough money to work around the issues bothers me. His doesn't think those who aren't as rich as he is are worthy of having all the rights and privileges he has.

dnissley 5y ago

IIRC he sold most of his stake in 2012 after the IPO. He would be far richer today if he had just let his investment in Meta ride, even with the recent fall. It seems clear he's not in it for the money.

adventured 5y ago
> He would be far richer today if he had just let his investment in Meta ride You mean if he had had a crystal ball, which absolutely nobody on the planet possesses. Hyper concentrating your wealth in a highly risky investment, is not a good investment strategy. In the absence of a crystal ball, he made a very reasonable choice to cash the Facebook position out given his exposure to numerous other high-risk tech-related positions. Bill Gates would be richer if he had never sold a share of Microsoft, and it would have similarly been a really bad approach to personal wealth management. That doesn't mean Gates wasn't interested in the money (for his goals, the more money the better), it means he was acting rationally, prudent, in diversifying.
- r00fus 5y ago
  > You mean if he had had a crystal ball Amusingly isn't that what a Palantir actually is?

JaimeThompson 5y ago

I would consider it evil to say that women shouldn't vote.

WillPostForFood 5y ago
I consider it evil to manufacture a false statement to slander someone you disagree with. He never said women shouldn't vote. What he actually said: The 1920s were the last decade in American history during which one could be genuinely optimistic about politics. Since 1920, the vast increase in welfare beneficiaries and the extension of the franchise to women — two constituencies that are notoriously tough for libertarians — have rendered the notion of “capitalist democracy” into an oxymoron. https://www.cato-unbound.org/2009/04/13/peter-thiel/education-libertarian/ https://www.cato-unbound.org/2009/04/13/peter-thiel/educatio...
- JaimeThompson 5y ago
  https://www.cato-unbound.org/2009/04/13/peter-thiel/education-libertarian/ https://www.cato-unbound.org/2009/04/13/peter-thiel/educatio... It is rather obvious that he thinks women shouldn't vote given he blames them, in part, for the decline of "capitalist democracy". I could have also mentioned his work to make sure the general public has much less privacy while fighting with lots of money to make sure his privacy is respected. I have little use for those who wish to have separate rules for themselves than they want others to follow.
  - WillPostForFood 5y ago
    It isn't at all obvious you know what Thiel thinks, but it is obvious you don't like him. You can't go around making up quotes based on what you imagine people you don't like think. He didn't say what you claimed, why not just edit your post and retract it. By not doing backing down it makes it look like you knew it was untrue, but just wanted to take the cheap shot.
    - newbie789 5y ago
      [dead]
    - JaimeThompson 5y ago
      I have read a great many things he has written actually. Thiel is a big believer that people like him should be able to make most / all the decision in government because he is so successful and that most who think differently then him are just flat out wrong. He uses his money to support people who would make marriage be hetrosexual only because he has enough money to work around the issues bothers me. His doesn't think those who aren't as rich as he is are worthy of having all the rights and privileges he has.