I have the video with the timestamp of the quote I mentioned, posted below.[1]
Ridiculously ironic on the timing of all this (evermore so that it is his darling Facebook) because I think this recent blunder by Facebook is a shot across the bow for other tech companies and even borderline bordering their "vessels" for search and seizure by the U.S government.
For those who do not know who he is.
> Thiel became Facebook's first outside investor when he acquired a 10.2% stake for $500,000 in August 2004. He sold the majority of his shares in Facebook for over $1 billion in 2012, but remains on the board of directors. [https://en.wikipedia.org/wiki/Peter_Thiel]
[1][Tech investor Peter Thiel speaks at the New York Economic Club](https://youtu.be/sxWpvgTH9oI?t=33m52s)