Peter Thiel Joins Trump's Transition Team

The transcript discusses Peter Thiel's potential influence in business and politics, particularly in Silicon Valley. It highlights the region's stance on immigration and inclusivity, and the possibility of bridging divides between the East and West Coasts. Thiel's business connections and influence, especially in startups like Facebook, are examined. The relationship between government and business, including regulation and policy, is explored. Finally, the market reactions to Donald Trump's election, particularly concerning major tech stocks like Amazon, are analyzed.

What is Peter Thiel's stance on government, and how might it affect his role in the administration?

Why have big tech stocks been slumping since Donald Trump's election according to the text?