Saturday, November 12, 2016

Peter Thiel "Gets It"...



Image result for Peter Thiel




Among Trump's earliest vocal critics was Peter Thiel, an American entrepreneur, venture capitalist, and hedge fund manager. Thiel co-founded PayPal with Max Levchin and Elon Musk and served as its chief executive officer. He also co-founded Palantir, of which he is chairman. He was the first outside investor in Facebook, with a 10.2% stake acquired in 2004 for $500,000, and sits on the company's board of directors. Thiel now serves as president of Clarium Capital, a global macro hedge fund, and he has come around to the view that, "Trump is a 'fighter' but he will be 'inclusive'


Thiel said, "I think there will definitely be a push for less regulation of small businesses, some sort of fiscal stimulus. A lot of people voted for Trump because he just got it. He understood that things were very off track even if he didn’t have a precise road map of what to do. Other Republican candidates were almost delusionally Panglossian in their views of America. Hillary was also optimistic in a way that made her very out of touch. Sanders was the one other major candidate that really got the stagnation. I don’t agree with Sanders’s policy solutions, but I think that with a Trump vs. Sanders debate, we would have gotten more into the real issues."

I think Peter Thiel, like many in American business really, just GETS IT!

No comments:

American Ideas Click Here!