No Death, No Taxes | The New Yorker
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The information age has made Peter Thiel rich, but it has also disappointed him.
The credo of Thiel’s venture-capital firm: “We wanted flying cars, instead we got 140 characters.”Photograph by Robert Maxwell Peter Thiel pulled an iPhone out of his jeans pocket and held it up. “I don’t consider this to be a technological breakthrough,” he said. “Compare this with the Apollo space program.” Thiel, an entrepreneur who runs both a hedge fund and a venture-capital firm, was waiting for a table at Café Venetia, which is on University Avenue in downtown Palo Alto, California. The street is the launchpad of Silicon Valley. All the café’s tables were occupied by healthy,…
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