Peter Thiel (Founders Fund, PayPal, Palantir, Facebook) on being a contrarian & right investor, AI pros & cons, what makes Elon tick, drug reform, overrated trends & the polarization of wealth

Peter Thiel is one of the most considered, intelligent, and successful minds we have in this generation of Silicon Valley. Peter is a serial company founder (PayPal, Palantir), billionaire investor (first outside investor in Facebook and 100+ others), and author of “Zero to One.” Peter’s first startup was PayPal, which he co-founded in 1998 and led to a $1.5 billion acquisition by eBay in 2002. He is now the Managing Partner at Founder’s Fund, a venture capital fund with $2 billion in assets. At LAUNCH festival 2015, Peter sat down with Jason and opened up about investing (as a contrarian and being right), monopolies and governments, why trends are overrated, how Elon Musk pulled off Tesla and SpaceX at the same time, whether we should be scared of Artificial Intelligence or not, should marijuana be legal, and what you should do if you hear the words “big data” and “cloud computing” during a pitch (hint: run!). You aren’t going to want to miss this one!

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