James Pethokoukis
Political Risk
Silicon Valley getting no love from Obama White House
Peter Thiel, billionaire founder of PayPal who now operates a hedge fund and a VC fund:
My observation on it is that it’s striking how few people from Silicon Valley are represented in the Obama administration in any sort of capacity. The only cabinet level person who is even remotely from Silicon Valley is the secretary of energy, who i guess was a physicist at UC Berkeley. People supported Obama over Hilary Clinton in the primary in Silicon Valley in a big way and in a weird way its translated into like no influence at all.
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