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Peter Thiel’s Bet on Donald Trump Wins Big

nytimes.com

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Re: Peter Thiel’s Bet on Donald Trump Wins Big

#5

Post by ktamura »

This is a stroke of genius by Peter Thiel. In hindsight, he was hedged. If Clinton won, his Trump endorsement would have been chalked up to his contrarian, eccentric bent. If Trump won -and he did- Thiel's bet would have a huge return.

His self-interest aside, this is a huge deal for Palantir, the company that he helped found and has many federal governments as their client. Also, in a sense, Thiel ensured that Silicon Valley didn't completely lose touch with the White House and will have some leverage in influencing them. For starters, immigration is a key issue for Silicon Valley for which Thiel can be a voice of reason to influence the new administration.

I don't agree with many things Thiel says or does. That said, this was a brilliant execution.

Re: Peter Thiel’s Bet on Donald Trump Wins Big

#7

Post by objclxt »

ktamura wrote: post #5

This is a stroke of genius by Peter Thiel. In hindsight, he was hedged. If Clinton won, his Trump endorsement would have been chalked up to his contrarian, eccentric bent. If Trump won -and he did- Thiel's bet would have a huge return. His self-interest aside, this is a huge deal for Palantir, the company that he helped found and has many federal governments as their client. Also, in a sense, Thiel ensured that Silic…

> For starters, immigration is a key issue for Silicon Valley for which Thiel can be a voice of reason to influence the new administration.

I don't know if immigration is as much of an issue for Palantir, given many of its clients are clandestine and won't permit non-citizens to work on their projects.

Re: Peter Thiel’s Bet on Donald Trump Wins Big

#8

Post by dsugarman »

pmelendez wrote: post #4

I am ok with Thiel thinking Trump would win. What was a disappointment for me is that Thiel actually believes Trump was a good candidate and (I speculate) agrees with his platform. Also, apparently has no problem with the incendiary and hateful speech of Trump

my best guess is that either

A) He was putting money towards the fall of our government as we know it, I think that would be consistent with his previous stances

or

B) He was investing in a future political career in the Republican party

but to be honest, hearing sama's comments on Thiel, it seems like he legitimately really likes Trump.

Re: Peter Thiel’s Bet on Donald Trump Wins Big

#9

Post by ktamura »

objclxt wrote: post #7
ktamura wrote: post #5

This is a stroke of genius by Peter Thiel. In hindsight, he was hedged. If Clinton won, his Trump endorsement would have been chalked up to his contrarian, eccentric bent. If Trump won -and he did- Thiel's bet would have a huge return. His self-interest aside, this is a huge deal for Palantir, the company that he helped found and has many federal governments as their client. Also, in a sense, Thiel ensured that Silic…

> For starters, immigration is a key issue for Silicon Valley for which Thiel can be a voice of reason to influence the new administration. I don't know if immigration is as much of an issue for Palantir, given many of its clients are clandestine and won't permit non-citizens to work on their projects.

I wasn't talking about Palantir specifically but the valley in general =)

Re: Peter Thiel’s Bet on Donald Trump Wins Big

#10

Post by amasad »

objclxt wrote: post #7
ktamura wrote: post #5

This is a stroke of genius by Peter Thiel. In hindsight, he was hedged. If Clinton won, his Trump endorsement would have been chalked up to his contrarian, eccentric bent. If Trump won -and he did- Thiel's bet would have a huge return. His self-interest aside, this is a huge deal for Palantir, the company that he helped found and has many federal governments as their client. Also, in a sense, Thiel ensured that Silic…

> For starters, immigration is a key issue for Silicon Valley for which Thiel can be a voice of reason to influence the new administration. I don't know if immigration is as much of an issue for Palantir, given many of its clients are clandestine and won't permit non-citizens to work on their projects.

It's huge for FB, and he's on the board.
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