Will Peter Thiel Run for California Governor?355468
Peter Thiel is a managing partner at Founders Fund, a San Francisco-primarily based venture capital firm investing in companies developing revolutionary technologies. He co-founded PayPal with Max Levchin and Elon Musk, and served as CEO until it was sold to eBay in 2002. Thiel also co-founded Palantir, a pc software and solutions 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 extremely 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 perfect remedy for the Golden State’s ailing economy.
“I think this is a very distinctive 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 next summer, according to the LA Times. DeJoria argued Thiel could possibly turn it around.
“He’s extremely intelligent. The guy [has] a great success pattern behind him and he happens to be gay,” DeJoria stated. “California is very, very liberal. I believe the guy has a shot at it.”
He added, “The fact that he did so many great things in business and, once once more, here’s a multi-billionaire, that I happen to know is extremely philanthropic, that wants to take his personal time and energy and do something good for the state.”
