China Hawks Dine on Seared Branzino And Lament Threat to US
- Hill and Valley dinner held a day before TikTok CEO testifies
- Goal is to draw attention to threat posed by Chinese tech
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Peter Thiel likened US-China ties to a codependent marriage and lamented the rise of TikTok at a dinner for venture capitalists and lawmakers a day before the app’s chief executive testifies on Capitol Hill.
Thiel compared the Chinese-owned app to homelessness — “a really obvious problem,” as he put it — in a brief speech to the guests, according to people who attended the dinner and weren’t authorized to disclose details to the press. The event was hosted by the Hill & Valley Forum with financial backing from Thiel’s Founders Fund as well as 137 Ventures and Caffeinated Capital.