Page 10 - Peter Teal News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shifting to economic concerns and perhaps moving away from these a these issues -- i love this stuff. people that are weary of them, abortion, peter teal is one of them. he said he could support desantis but wants the focus to be on the economy. >> sure. i'm there with you in terms of appreciating what he's done and taking on capitalism and making florida where woke goes to die. but you have to look at what they did in the past. donald trump won in 2016 and ran against joe biden in 2020 and lost. what happened with ron desantis? he won a very close election in 2018. what happened to the state ...

What do you think the stakes are? >> i think that desantis's actions should be viewed in the context of these punitive measures. retaliatory, regulatory, tax-related measure for perceived political enemies. it is interesting that peter teal is pulling out and you connected that to desantis' actions. remember, trump was quite the innovator. he used government procurement to try to use the power of the state to crush his political enemies. in some cases, cnn, right? he supposedly intervened to try to block a merger that involved a parent company of cnn. or other media companies or any other comp...

As say they in game fury, they defect and pulled mir money out precipitating a bank run that could have been avoided if they all just stayed, stayed calm and slowly worked it out. people like peter teal led the charge. it feels like this is partly an indictment of the culture of silicon valley. >> well, there is two issues here. the first is why did techies not see this coming. and it is partly because the people have been working in silicon valley are so dazzled by computer science and so addicted to the idea of being anti-establishment, moving fast and breaking things, to quote mark zuckerbe...

Week about what happened. and, yes, his venture capital group founder's fund did pull their money out and in advice that was advicsed to pull their money out. peter teal had $50 million sitting in silicon valley bank of his own money. which he did not pull out. not because he was trying to be noble. but because he actually hadn't been tracking that closely what was happening to silicon valley bank. he wasn't that close to it. and didn't act fast enough. so, the point is that many people who are supposedly some of the brightest people in america working in silicon valley turned out to be unbeli...

It sells the ipos one day. >> founders' found was peter teal's fund early backer of facebook. >> i build companies and support people building new things from social networks to rocket ships. >> he had also just been the only major tech investor to back donald trump in the 2016 presidential elections. peter teal kind of put a stick in the ground in the tech world saying i'm not going to shay away from something i think is good business because i might have a checkered past. and so one of the partners was going to join the board. >> i've invested in companies in my career such as uber, spacex. ...