• Silicon Valley backlash won't necessarily cause an exodus to Middle America

    One year ago - By Venture Beat

    OPINION: Peter Thiel is fleeing liberal Silicon Valley for... Los Angeles.
    That's according to a story from the Wall Street Journal this week, which reports that Thiel is planning to relocate to a home he bought in the City of Angels six years ago. Fifty staffers from Thiel Capital and the Thiel Foundation are also reportedly planning to move to Los Angeles.
    Thiel was reportedly driven out, in part, by the liberal echo chamber he feels has developed in Silicon Valley. In San Francisco, nearly 90 percent of voters cast a ballot for Hillary Clinton in the 2016 presidential election.
    Read more ...