Peter Thiel Bets on New Zealand

The libertarian entrepreneur and hedgie has a thing for New Zealand. One theory:

Thiel is nothing if not an ambitious, long-term thinker, so what’s the big picture here? What could the famously contrarian investor possibly see in a country of 4 million people whose economy is mostly based on agriculture and tourism?

Here’s a thought: maybe Peter Thiel wants to turn New Zealand into the next Silicon Valley. Or maybe even the libertarian utopia of his dreams.

posted on 16 January 2011 by skirchner in Economics, Financial Markets

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