Peter Thiel, scourge of Silicon Valley

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Sep 25th 2021FOR A MAN who wants to live for ever, Peter Thiel has already done enough in his 53 years to leave mere mortals exhausted—and mostly frustrated. The venture capitalist, techno-Utopian and scourge of the liberal left is a myriad of contradictions.He co-founded PayPal, a payments platform that, as a young libertarian, he hoped would undermine the world’s monetary system. Instead it gave him the money to bestride Silicon Valley, a place he disdains. He was the earliest outside investor in Facebook, a tech giant on whose board he remains, though he mocks social media. As a hedge-fund manager, he bet on an economic meltdown in America ahead of the financial crisis of 2007-09, but called the bottom of the market too soon. He was one of the most prominent financiers to throw his weight behind Donald Trump’s bid for the presidency in 2016. Yet his efforts to populate the Trump administration with radical-thinking acolytes failed.Max Chafkin, who trawls through this
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