https://www.cnet.com/news/peter-thiel-is-totally-over-silicon-valley-people/

During a talk at Stanford University more than a decade ago, Peter Thiel said there was a 50 percent chance the next major tech firm would come up within a 5-mile radius of the school. That company was Facebook, and it was well within that distance.

Now, the billionaire tech investor's thinking has changed. On Thursday, Thiel said the chances of another Google sprouting in Silicon Valley are markedly lower.