Peter Thiel on Facebook, Technology, and the Higher Education Bubble

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Uploaded by on Nov 12, 2010

Entrepreneur and venture capitalist Peter Thiel co-founded PayPal, was an early investor in Facebook, and currently serves as president of the global macro hedge fund Clarium Capital. He recently announced the creation of the Thiel Fellowship, which will award $100,000 each to 20 people under 20 years old to "stop out" of college and create their own business ventures.

During the recent Libertopia festival in Hollywood, California, Thiel sat down with Reason.tv's Tim Cavanaugh to talk about the new film The Social Network, technology, exit rights, and the higher education bubble.

Approximately 9 minutes. Interview by Tim Cavanaugh. Camera by Adam Jensen, Zach Weissmueller.
Visit Reason.tv for HD, iPod and audio versions of this video and subscribe to Reason.tv's YouTube channel to receive automatic notification when new material goes live.

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Top Comments

  • "Politics is collective hatred." -libertarian superhero and founder of PayPal, Peter Thiel.

  • It's hard to reconcile a video about the importance of technology - with a video recorded using microphones on the other side of the room from the people speaking

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All Comments (103)

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  • @GnomesAmok - Definitely not as many manipulators with as much power as we already have today. Just as the last few elections would indicate.

  • @StateExempt

    That is a complete fantasy, since there are always manipulators and without regulation all you have are people doing the manipulating never get held accountable

  • @GnomesAmok - There are no "rulers" in a truly libertarian society. Wealth amassed by anyone can only be done so through consumer satisfaction.

  • @GnomesAmok - No worries, you are fine just where you are at.

  • Don't like his politics, but he is cute!

  • Oh shit I just realized Im watching Reason.TV... back to reality

  • I hate this asshole already

  • @furyofbongos

    Oh, okay, so democracy should be non-existent right? Thats real libertarianism, right? No elected officials. Just rich rulers.

  • @thesparitan WAT

  • fucking wacko libertarians. Why do they always have weird social issues and love the simplistic view of humanity?

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