Thiel, Peter, entrepreneur and co-founder of PayPal, speaks during a news conference at the National Press Club in Washington October 3, 2011

Peter Thiel, entrepreneur and co-founder of PayPal, speaks during a news conference at the National Press Club in Washington October 3, 2011

Peter Thiel, entrepreneur and co-founder of PayPal, speaks during a news conference on nonprofit, nonpartisan organization dedicated to economic research and innovative public policies for the 21st century at the National Press Club in Washington October 3, 2011.