Peter Thiel: Twitter Executives Smoke Too Much Pot, And That’s Why It’s A ‘Horribly Mismanaged Company’ | NICHOLAS CARLSON | SEP. 17, 2014

Peter Thiel

Peter Thiel

Early Facebook investor Peter Thiel just went on CNBC and trashed Twitter management.

He said the company’s executives smoke too much pot.

“Twitter is hard to evaluate. They have a lot of potential. 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,” said Thiel.

Early Twitter investor Bijan Sabet caught the segment and tweeted a response: “I’ve never met Peter but his is so nasty, silly and wrong.”

Thiel is a libertarian known for contrarian views. He believes that too many entrepreneurial kids go to college. He wants to create a libertarian city state on a platform out at sea.

Given all that, former Twitter executive Jason Goldman had this to say following Thiel’s CNBC hit: “Yo but how high were you when you decided to live on an ocean platform ”

Menzi Kulati



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