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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

#61
post #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…

> he does have a specific talent for manipulating the political systems and government coffers to enrich himself

That gave me Epstein-verse vibes.

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

#62
post #30
post #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…

Why do people with this much wealth want even more wealth for themselves? I've never understood this.

hoarder mentality

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

#63
post #30
post #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…

Why do people with this much wealth want even more wealth for themselves? I've never understood this.

Is being the 50th best basketball player on the planet good enough? Why do athletes continue to dedicate their lives in the hopes of being #1?

Once your basic needs are met and you have a comfortable standard of living, everything else is a game, and people like to win. Why does anyone need a fancy car? Why does anyone need to compete with their neighbors and coworkers? Why does a billionaire need a superyacht when an adequately sized one will do? This is simply how some (or maybe even most) people are wired.

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

#65

Fun fact, Peter Thiel gave Vitalik Buterin a Thiel Fellowship to work on Ethereum. Let's count the wins Peter Thiel has had: - Paypal - Facebook - Palantir - Etherum - Took on deplorable Gawker

His attack on gawker are anything but commendable. They may have been a trashy gossip site, but attacking press like that is not good for society.

I’ve never understood the perspective that what Thiel did too Gawker was anything but good. Love or hate the guy, he just funded a lawsuit that Gawker assumed they would beat using the classic tactics of bankrupting their opponent. I despise those tactics, it was (rightly IMO) determined that Gawker acted illegally and caused massive damage, and if the Hulk Hogan had been funded by literally any other billionaire I think they would have been applauded.

Corporations use “run the meter” tactics to win lawsuits all the time. It’s nice to see that fail for once.

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

#66
post #35

How soon do people think we will see his candidacy for President? 2028 is my guess.

Like Elon Musk, he wasn't born in the US and is therefore ineligible. (edit: "natural-born citizen" is not as well-defined as I thought, and Ted Cruz qualifies on account of having a US citizen parent at the time of his birth. But it's clear that Thiel doesn't.)

[deleted]

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

#67
post #35

How soon do people think we will see his candidacy for President? 2028 is my guess.

Like Elon Musk, he wasn't born in the US and is therefore ineligible. (edit: "natural-born citizen" is not as well-defined as I thought, and Ted Cruz qualifies on account of having a US citizen parent at the time of his birth. But it's clear that Thiel doesn't.)

That requirement seems pretty bizarre to myself as a non-US person. Haven't heard of being natural born as a requirement for president before, but seems like another aspect that the US shares with a small list of other countries.

It seems pretty on-brand to be honest though, I wonder why that rule exists and what benefit it provides. The first couple presidents couldn't have met it, so I wonder when it was introduced.

https://en.wikipedia.org/wiki/List_of_presidential_qualifica...

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

#68
post #63
post #30

Earlier quoted context omitted.

Why do people with this much wealth want even more wealth for themselves? I've never understood this.

Is being the 50th best basketball player on the planet good enough? Why do athletes continue to dedicate their lives in the hopes of being #1? Once your basic needs are met and you have a comfortable standard of living, everything else is a game, and people like to win. Why does anyone need a fancy car? Why does anyone need to compete with their neighbors and coworkers? Why does a billionaire need a superyacht when a…

It is game with millions of human lives being destroyed as a consequence at times.

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

#69
post #20

Whatever happened to facebook in the span of 1 month that is so different than what was happening the past ~10 years? devaluation in multiple dimensions

Just enough built up negativity that caused a transition in public (and market) sentiment. The markets aren't all that efficient or things like this wouldn't happen. Markets underestimated obvious risks and those risks reached high enough levels that there's a bit of a run to be the first out the door.

Markets also don't play the company, they play the other participants: even if you thought Facebook was overvalued, you're still incentivised to wait till everyone else has figured this out.

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

#70
>He has also been seen as the contrarian who has Mr. Zuckerberg’s ear, championing unfettered speech across digital platforms. His conservative views also gave Facebook’s board ideological diversity.

What a fawning, iconoclastic corruption of "diversity." The New York Times is blatantly courting Thiel's fascist endeavor.

This journalistic abortion glosses over exactly what kind of speech Thiel's cohort seeks not just to "unfetter" but to blast loudly across all mediums:

Xenophobic, genocidal conspiracy theories to the very front of the line.

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