No need to guess, the article literally states where the money went:

> That’s why Thiel rotated into Microsoft and Apple, tech giants with more diversified revenue streams, cloud scale, devices, and software.

▲

zetanor 15 hours ago | parent | next [-]

Rotated into pain and suffering indeed.

	▲	mensetmanusman 14 hours ago \| parent [-]
		Ads on my desktop. Windows crashes that prevent me from filling my car at the tank.

▲

jmye 14 hours ago | parent | prev [-]

Moving into Apple, given the potential risk/uncertainty in a new CEO and no real new revenue streams, is an interesting choice. I guess maybe it feels relatively safe? But even then, if there's any real downturn, they seem pretty at risk, as the 'luxury' brand.