Will Peter Thiel Run for California Governor?8115195

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Peter Thiel is a managing companion at Founders Fund, a San Francisco-based venture capital firm investing in companies 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 pc software and solutions 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 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 think this is a extremely unique scenario,” 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 subsequent summer, according to the LA Occasions. DeJoria argued Thiel could possibly turn it around.

“He’s very smart. The guy [has] a great success pattern behind him and he happens to be gay,” DeJoria stated. “California is extremely, extremely liberal. I think 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 happen to know is very philanthropic, that desires to take his own time and power and do some thing great for the state.”

Peter Thiel California