Thiel was sitting on President Trump’s executive transition team. Palantir, Thiel’s data analysis company, has procured a number of data analysis companies. Profitable government contract.. Behind the scenes, Tiel was pushing for a “Republican crackdown on tech companies,” or more specifically, his enemy, Google, Chafkin said. (Google’s size and scope, in Chafkin’s words, indicated “a threat to almost every company in Thiel’s portfolio.”) This development of government power is to all that libertarian Thiel believed. You may think it’s against, but you start to wonder. Whether the big government bullying that the conservatives warned before Trump became president after reading “Opposition” was, in fact, a projection of the big guys he would be happy to do if given the chance-the fulfillment of his wishes. Trumpism as a form. In Chafkin’s summary, “Take the Trump train or visit from the FTC.”
It happened that Thiel was bullied as a kid — a lean, socially awkward, chess boy. He defended himself by decisively “contempting”. He was born in Germany and immigrated to the United States as a toddler in 1968. His father’s work at an engineering company also meant a stay in Apartheid, South Africa, where a young Thiel attended an elite white prep school. He went to Stanford and started a conservative newspaper, Stanford Review. His dissatisfied mission as a corporate lawyer ended when he was unable to obtain the Supreme Court clerk he desperately wanted. “I was devastated,” Tiel later recalled, saying it caused a “quarter-life crisis.”
“The Contrarian” describes Tiel’s professional trajectory as he came across the tech industry not because of a particular passion, but because he offered the opportunity to get rich. Thiel has always hedged his bets, unlike the fantasy of an American entrepreneur who puts everything at risk for his dreams. At some point, PayPal hands over a limited cash reserve to its hedge fund for money.
Chafkin uses similar words to describe Thiel’s support for Trump in the 2016 campaign. Perhaps the Republican Party would have been okay for Thiel’s business interests, and Thiel had already scanned Silicon Valley with his criticism of women’s suffrage and immigration. But if Trump wins, Thiel must have been rewarded by the president, who clearly admired the demonstration of loyalty above all else. Needless to say, Thiel enjoyed the idea of sticking to that part of the elite club, which is the master of the universe and Trump does not have him as a member, on any material scale. As one of Thiel’s investors said, “he wanted to see Rome burn.”
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