Masters in Business

Max Chafkin on the Social Good of Tech Companies (Podcast)

Dec 23, 2021
Max Chafkin, features editor at Bloomberg Businessweek and author of 'The Contrarian,' delves into the life of tech mogul Peter Thiel and his influence on Silicon Valley. He discusses the evolution of tech narratives and the complex ideologies shaping the PayPal Mafia's history. Chafkin critiques the intertwining of money and media, spotlighting Thiel's involvement in the Hulk Hogan lawsuit against Gawker. He also examines the ideological power dynamics of social media, especially in relation to politics and the challenges faced by the left in today’s tech-driven landscape.
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ANECDOTE

First Thiel Encounter

  • Max Chafkin's first encounter with Peter Thiel was during an interview about Elon Musk.
  • At the time, Musk wasn't very famous and Tesla was considered a hobbyist project.
INSIGHT

Cult of Disruption

  • Peter Thiel's influence extends beyond financial investments to a vision of technology as a disruptive force.
  • He believes that rule-breaking and monopolistic tendencies in tech are beneficial for progress.
ANECDOTE

Thiel vs. Whitman

  • Peter Thiel and Meg Whitman clashed due to differing business and ideological perspectives.
  • Thiel, a technologist, saw himself as a rebel against traditional business figures like Whitman.
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