Peter Thiel, the Silicon Valley investor who co-founded PayPal, talks to students during his visit to the 42 school campus in Paris, France, February 24, 2016. Thiel is helping wrestler Hulk Hogan bankroll his lawsuit against Gawker Media, according to a report in Forbes. REUTERS/Jacky Naegelen/File Photo
Throughout history, wealthy industrialists have engaged in vendettas. The venture capitalist Peter Thiel, we now see, is no different. What's different is Americans' expectations.
What the public is seeing is the disruption of the belief in Silicon Valley exceptionalism – that, unlike Gilded Age robber barons, 21st-century digital plutocrats are transparent in their dealings while building and using their great wealth.
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