Paypal Co-Founder Peter Thiel: Twitter Executives ‘Probably’ Smoke Too Much Pot

Peter Thiel: Twitter Executives 'Probably' Smoke Too Much Pot, And That's Why It's A 'Horribly Mismanaged Company' (Business Insider)

Early Facebook investor Peter Thiel just went on CNBC and trashed Twitter management.

He blames pot smoking.

"Twitter is hard to evaluate. They have a lot of potential. It's a horribly mismanaged company—probably a lot of pot-smoking going on there. But it's such a solid franchise it may even work with all that," said Thiel.

Early Twitter investor Bijan Sabet caught the segment and tweeted a response: "I've never met Peter but this is so nasty, silly and wrong."