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In 2015 we became the first institutional investors in cannabis. Many in the technology industry laughed. Today, investment in the space is often framed as contrarian, but no longer is — our culture has changed.https://www.bloomberg.com/news/articles/2018-09-19/thiel-backed-fund-hits-jackpot-with-12-billion-tilray-stake …
The problem with a vice clause continues to be how often the popular conception of “vice” is wrong, and how quickly that conception changes. We don’t invest in what’s popular. We invest in what’s right.https://dealbook.nytimes.com/2015/01/12/ethical-questions-of-investing-in-pot/?smid=fb-share&_r=1 …
#metoo
is quickly changing the conception of what #sextech @womenofsextech is and can deliver: @qz https://qz.com/896200/cindy-gallop-and-the-women-of-sextech-silicon-valley-vcs-needs-to-stop-being-so-scared-of-sex-and-invest-in-female-pleasure/ … We need investors who don't invest in what's popular, but invest in what's right. #realworldsex #socialsex #socialsexrevolution @makelovenotporn
Classic example of anticipating the #future and understanding the next #trend & what #investment can reap rewards $ (#money).
Whether you like Peter #Thiel or not -
He is Always Interesting, Always Smart,
Always #contrarian, and Often Right.
thx @foundersfund / @peterthiel
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