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Forget altruism and philanthropy, this is about profit
A recent NZ Herald commentary piece on Peter Thiel's New Zealand venture capital fund made the curious claim that Thiel has invested with the knowledge that he may never see a financial return.
From what we know of Thiel (Paypal, Facebook, Linkedin), he does not invest to lose money. He is far from a philanthropist altruistically helping out small, struggling technology companies just for the thrill of it.