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Peter Thiel to step down from Meta’s board

nytimes.com

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Re: Peter Thiel to step down from Meta’s board

#12
I realize this is a petty and inconsequential question, but does anyone else think that the Forbes estimate of $2.6bn is a little low for a guy that was a key early investor in Facebook and has multiple other holdings like Palantir?

Is there a bunch of money Forbes isn’t counting or something?

Re: Peter Thiel to step down from Meta’s board

#13

I realize this is a petty and inconsequential question, but does anyone else think that the Forbes estimate of $2.6bn is a little low for a guy that was a key early investor in Facebook and has multiple other holdings like Palantir? Is there a bunch of money Forbes isn’t counting or something?

Not to mention his investments in Tesla and space x...

Re: Peter Thiel to step down from Meta’s board

#14
This podcast "The Peter Thiel Paradox" [1] explained a lot about the mystery of Peter Thiel to me. Turns out that there is less than meets the eye but he does have a specific talent for manipulating the political systems and government coffers to enrich himself, much like Richard Branson, or so the British podcast claims.

[1] https://www.lrb.co.uk/podcasts-and-videos/podcasts/the-lrb-p...

One nitpick; Theil said "We were promised flying cars and call we got was 140 characters" not "We were promised bases on the moon and all we got was Facebook"

Link claims Buzz Aldrin said "You Promised Me Mars Colonies. Instead, I Got Facebook."

http://files.technologyreview.com/magazine-archive/2012/MIT-...

Re: Peter Thiel to step down from Meta’s board

#15

I realize this is a petty and inconsequential question, but does anyone else think that the Forbes estimate of $2.6bn is a little low for a guy that was a key early investor in Facebook and has multiple other holdings like Palantir? Is there a bunch of money Forbes isn’t counting or something?

I thought his roth ira was worth $5b alone? https://www.propublica.org/article/lord-of-the-roths-how-tec...

Re: Peter Thiel to step down from Meta’s board

#16

I realize this is a petty and inconsequential question, but does anyone else think that the Forbes estimate of $2.6bn is a little low for a guy that was a key early investor in Facebook and has multiple other holdings like Palantir? Is there a bunch of money Forbes isn’t counting or something?

Like Thiel's famous "$5B Roth IRA" loophole that was making the rounds here a few months ago:

https://news.ycombinator.com/item?id=27616090

Re: Peter Thiel to step down from Meta’s board

#17
post #11
post #9

Earlier quoted context omitted.

I don't think it's okay to call another human a rat. It's pure hate without reason.

In this case, I believe we should make an exception.

This says everything about what is wrong with the woke/anti-woke, in-group/out-group craziness playing out on in the world right now.

Re: Peter Thiel to step down from Meta’s board

#18
post #4

The sub headline is a better summary of what is happening: > Peter Thiel to Exit Meta’s Board to Support Trump-Aligned Candidates He just wants to be free to involve himself in politics but not get Meta involved. Maybe he also has additional motivation for leaving, but that's speculation and this right here is a solid reason. From the article: > In October, the two Senate candidates argued in an opinion piece in The…

No post body was provided.

Re: Peter Thiel to step down from Meta’s board

#19

I realize this is a petty and inconsequential question, but does anyone else think that the Forbes estimate of $2.6bn is a little low for a guy that was a key early investor in Facebook and has multiple other holdings like Palantir? Is there a bunch of money Forbes isn’t counting or something?

All net worth lists are just finance porn for plebs.

There is no way of knowing. There are only some public transactions, and they are fixed in time that assume it was never lost.

Additionally you would have no idea if he's holding a bunch of Dogecoin from the lows or an investor in extremely high performing PE/VC/Hedge funds.

People's balance sheets are all nuanced.

Those lists are not really worth anyone's time.

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