It s a horribly mismanaged company — probably a lot of pot-smoking going on there. But it s such a solid franchise it may even work with all that.
— Peter Thiel, after being asked whether he s bullish on Twitter. (But he basically said there s not much CEO Dick Costolo can do about it, so he might as well stay.) The PayPal co-founder/venture capitalist/deep thinker is also — no kidding — outspoken, and he had other things to say on CNBC s Squawk Box this morning. On Uber, which he called ethically challenged : There s always a question, you know, how intensely you re allowed to compete, and Uber is right on the line. (Thiel has an investment in Uber competitor Lyft. The two companies are in a heated battle in the ride-sharing world.) On whether he would rather invest in Google or Apple: (I d) probably still go with Google, saying Apple risks losing pricing power on smartphones, and that the company needs something big enough to move the dial.
Photo of Peter Thiel from Mercury News archives
