Peter Thiel slams Apple for doing "nothing new" since Steve Jobs died, praises controversial CEOs like Elon Musk
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A hot potato: As the world's second-largest company by market cap, Apple appears to be the very definition of successful. But Peter Thiel isn't overly impressed. The billionaire investor says that Cupertino has done "nothing new" since co-founder Steve Jobs died in 2011, though he did call it a "pure, well-run value stock."
Speaking in an interview with author Walter Isaacson on The Builders podcast, Thiel said of Apple, "In my telling, it did nothing new after Jobs."
The PayPal co-founder added that the smartphone was a great invention, one that left Apple with little to do after its launch.
"Then it was just scaling and branding and building it out over 15 years or whatever," he said.
Thiel said he believes that the more eccentric, controversial CEOs like Jobs and Elon Musk...
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