The view in Silicon Valley is that if it's doing well, "everybody is doing well." But that's just not true, he argues.
Thiel, for instance, called Twitter, a "perfectly good company" with high-paying jobs. "It's just not enough to improve living standards for 300 million-plus Americans," he said. His critique of Twitter was summed up in his now-famous quote from his venture-capital company's manifesto: "We wanted flying cars, instead we got 140 characters."
"What Trump represents isn't crazy and it's not going away," said Thiel.
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