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In defending Trump, Peter Thiel attacks Silicon Valley

Patrick Thibodeau | Nov. 1, 2016
Silicon Valley's belief that the economic world revolves around it is shortsighted, says Thiel

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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