Why Peter Thiel Is Backing Away From Silicon Valley

Peter Thiel is relocating to LA, citing Silicon Valley's toxic environment and high costs. He plans to start a conservative news network and remain involved with Founders Fund. Tensions on the Facebook board, partly due to his support for Trump, have also influenced his decision. Despite moving, Thiel will continue to engage with Silicon Valley's investment scene.

What is one of the reasons Peter Thiel is moving to Los Angeles?

• To escape the cold weather

• To start a conservative news network

• To retire

• To join a tech startup

What was the main issue between Peter Thiel and Reed Hastings on the Facebook board?

• Thiel's support for Donald Trump

• Thiel's business strategies

• Thiel's media plans

• Thiel's relocation to LA

What did Reed Hastings reportedly say about Thiel's position on the Facebook board?

• Thiel should lead the board

• Thiel should focus on his investments

• Thiel was unfit to serve due to his political support

• Thiel was the best fit for the board

Despite moving to LA, what role will Thiel continue to play?

• CEO of Facebook

• Mayor of Los Angeles

• Partner at Founders Fund

• Head of a tech startup

What is Founders Fund known for in Silicon Valley?

• Being Thiel's marquee investment firm

• Being a media company

• Being a real estate firm

• Being a tech startup