Talking about how the Billy Bush tape was not so shocking if you’ve worked on the Wall Street trading floor, Mr. Thiel says: “On the one hand, the tape was clearly offensive and inappropriate. At the same time, I worry there’s a part of Silicon Valley that is hyper-politically correct about sex. One of my friends has a theory that the rest of the country tolerates Silicon Valley because people there just don’t have that much sex. They’re not having that much fun.”

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