• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that

2

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises

3

Current price of oil as of May 15, 2026

1

Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that

2

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises

3

Current price of oil as of May 15, 2026
Peter Thiel

A little too much disruption for Peter Thiel, Silicon Valley’s iconoclast-in-chief

By
Shalene Gupta
Shalene Gupta
Down Arrow Button Icon
By
Shalene Gupta
Shalene Gupta
Down Arrow Button Icon
December 11, 2014, 7:21 PM ET
PayPal Inc. Co-Founder Peter Thiel Interview
Peter Thiel, co-founder of PayPal Inc., speaks during a Bloomberg Studio 1.0 Interview in San Francisco, California, U.S., on Monday, Aug. 25, 2014. Photographer: David Paul Morris/Bloomberg *** Local Caption *** Peter Thiel *******PLEASE HOLD UNTIL SEPTEMBER 17 AIRDATE****Photograph by David Paul Morris—Bloomberg via Getty Images

Peter Thiel does not like disruption.

“You shouldn’t get your bearings from breaking things, but rather from creating them,” the well-known venture capitalist and recent author told a packed auditorium at University of California at Berkeley Wednesday night.

A good forty minutes into his talk, Thiel, a co-founder of online payment service PayPal and early Facebook investor, was disrupted: protestors stormed the stage and shut down the event.

Thiel was invited to discuss development in the developed world by the Berkeley Forum, a non-partisan student group that brings speakers to campus. The evening, the product of nearly two months of work, was to be divided into four parts: a speech by Thiel, an interview by a student moderator, questions from specially selected audience members, and a final audience Q&A, capped off with his signing his recent book, Zero to One. His appearance just happened to coincide with an uptick in Berkeley’s famous political activism following the recent grand jury decisions in Ferguson, Mo. and New York related to police killings involving African-Americans.

During the first half of his speech, Thiel discussed the importance of monopolies and iconoclasm. A noted libertarian, he once wrote that freedom and democracy are incompatible. A good monopoly is one that innovates and creates new things, he pointed out, saying his advice was for entrepreneurs to pick small markets where they wouldn’t face much competition. Google is a monopoly when it comes to search, he explained. They just don’t talk about it.

Thiel also mentioned that society resists innovation. “There’s a strange phenomenon in Silicon Valley where most of the people who start companies suffer from mild Asperger’s,” he said. “That’s a critique of our society, not of them.” Anyone with interesting ideas will be talked out of them, while investors are socialized to invest in what sounds familiar, rather than in ideas that could be game-changing.

Anyone who copies Facebook or Google is missing the point, he said, because Facebook and Google were game changers. To succeed, entrepreneurs have to do something that’s radically different from the status quo.

“Trends are overrated,” he said. “If you hear big data or the cloud, run away, it’s a fraud. A buzzword tells you someone is undifferentiated in a category.”

As he spoke, a slow rumbling from protestors could be heard in the background. From time to time it was loud enough to drown him out.

“That’s so Berkeley,” Thiel said, while the audience laughed.

There was less laughter when one of the organizers asked for help barricading the doors because protestors were trying to enter. Members of the audience rushed up the aisles to assist.

When everyone was seated again, Thiel continued accompanied by the rumble of protesters screaming outside and a steady pounding against the doors. Soon after, the organizer told the audience she could no longer guarantee their safety and asked what they wanted to do (they voted to continue). A student moderator asked Thiel how he felt about the tradeoffs between political activism, which can provoke change but also impacts productivity.

“Political activism makes people angry,” Thiel said.

At that point, almost on cue, an audience member stood up and yelled, “F—you.” The doors of auditorium burst open and a flood of protestors waving signs spilled across the auditorium and chanted “No NSA” before switching to “Black lives matter.”

The audience, indignant about the interruption, surged to its feet and chanted “go home,” and “Peter Thiel matters.” For a few moments there was a screaming stand-off as the protestors and audience members faced each other.

Thiel was escorted off of the stage and organizers relayed the obvious: The event was canceled. A protestor apologized to organizers – sort of – before leaving.

“I’m sorry but we had to shut it down to get media attention,” the protester said.

Afterwards, organizers and attendees gathered in small clumps to voice their outrage. “It was unproductive for the protestors and it was unproductive for us,” said Serena Gupta a math and computer science major at Berkeley. “They should have started a dialogue. Thiel would have been open to questions, he stayed on stage until they were in his face.”

Parthiv Mohan, a cognitive science and computer science major, said: “The protestors chanted as if we thought black lives didn’t matter. For all they know we could have been out protesting with them last night.”

(Correction: An earlier version of this story misspelled the name of U.C. Berkeley student. He is Parthiv Mohan, not Parthir)

About the Author
By Shalene Gupta
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

yale
LawColleges and Universities
DOJ accuses Yale of discriminating against Asian, white students with ‘race-based admissions program’
By Dave Collins and The Associated PressMay 16, 2026
1 minute ago
hoeg
HealthFDA
RFK ally confirms she was fired by FDA: ‘I learned so much and leave with no regrets’
By Matthew Perrone and The Associated PressMay 16, 2026
17 minutes ago
lirr
EconomyRailroads
Spring Hamptons traffic nightmare as Long Island Rail Road workers go on strike
By Philip Marcelo, Nick Lichtenberg and The Associated PressMay 16, 2026
20 minutes ago
delivery
Retailecommerce
Walmart’s upper hand over Amazon in the $1 trillion e-commerce race: 90% of Americans live within 10 miles of a superstore
By Anne D'Innocenzio and The Associated PressMay 16, 2026
24 minutes ago
iran
PoliticsIran
Iran foreign minister on dealings with Trump: ‘We are in doubt about their seriousness’
By Sheikh Saaliq, Adam Schreck and The Associated PressMay 16, 2026
29 minutes ago
taiwan
AsiaWhite House
Trump thinks Taiwan is a ‘very good negotiating chip’ with China
By Simina Mistreanu and The Associated PressMay 16, 2026
31 minutes ago

Most Popular

Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that
Success
Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that
By Preston ForeMay 13, 2026
3 days ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
4 days ago
Current price of oil as of May 15, 2026
Personal Finance
Current price of oil as of May 15, 2026
By Joseph HostetlerMay 15, 2026
1 day ago
Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers
Travel & Leisure
Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers
By Catherina GioinoMay 12, 2026
4 days ago
The airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO
Energy
The airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO
By Jim EdwardsMay 14, 2026
2 days ago
Debbie Gibson, Geezer Butler of Black Sabbath want you to adopt a beagle rescued from an experimental lab in Wisconsin
North America
Debbie Gibson, Geezer Butler of Black Sabbath want you to adopt a beagle rescued from an experimental lab in Wisconsin
By Scott Bauer and The Associated PressMay 13, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.