I don't disagree, but I think there is a lot of nuance to it. Thiel is an ardent disciple of Rene Girard. If people want insight into how Thiel sees the world, I would strongly recommend reading The Straussian Moment. There is a Peter Robinson interview about the essay that can serve as a good primer[1].
[1] https://www.youtube.com/watch?v=iRleB034EC8