Will Peter Thiel Run for California Governor?55852

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Peter Thiel is a managing partner at Founders Fund, a San Francisco-primarily based venture capital firm investing in businesses building 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 evaluation.

Will he or will not 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 really be the perfect remedy for the Golden State’s ailing economy.

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

Final 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 smart. The guy [has] a great success pattern behind him and he happens to be gay,” DeJoria said. “California is extremely, extremely 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 again, here’s a multi-billionaire, that I occur to know is very philanthropic, that wants to take his own time and power and do some thing good for the state.”

Peter Thiel for Governor