Will Peter Thiel Run for California Governor?3054716

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Peter Thiel is a managing companion at Founders Fund, a San Francisco-based venture capital firm investing in businesses developing revolutionary technologies. He co-founded PayPal with Max Levchin and Elon Musk, and served as CEO till it was sold to eBay in 2002. Thiel also co-founded Palantir, a computer software and services company specializing in data analysis.

Will he or won’t he? Silicon Valley billionaire Peter Thiel, who is an outspoken Donald Trump supporter living in a very blue state, is reportedly mulling a run for California governor in 2018, according to Politico.

Paul Mitchell co-founder John Paul DeJoria and former McDonald’s CEO Ed Rensi told the FOX Business Network’s Maria Bartiromo that Thiel could actually be the ideal remedy for the Golden State’s ailing economy.

“I believe this is a very unique situation,” Paul Mitchell co-founder John Paul DeJoria told Bartiromo. “He is a Republican -- he went for Trump.”

Last week, California Gov. Jerry Brown warned the state is projected to run a $1.6-billion deficit by subsequent summer, according to the LA Occasions. DeJoria argued Thiel could possibly turn it around.

“He’s extremely smart. The guy [has] a good success pattern behind him and he occurs to be gay,” DeJoria stated. “California is extremely, extremely liberal. I believe the guy has a shot at it.”

He added, “The reality that he did so many great issues in business and, as soon as again, here’s a multi-billionaire, that I occur to know is very philanthropic, that desires to take his personal time and power and do some thing good for the state.”

Peter Thiel California