Peter Thiel Bets on New Zealand

The libertarian entrepreneur and hedgie has a thing for New Zealand. One theory:

Thiel is nothing if not an ambitious, long-term thinker, so what’s the big picture here? What could the famously contrarian investor possibly see in a country of 4 million people whose economy is mostly based on agriculture and tourism?

Here’s a thought: maybe Peter Thiel wants to turn New Zealand into the next Silicon Valley. Or maybe even the libertarian utopia of his dreams.