“...he no longer thinks it matters very much who wins the next election. “
Thiel is certainly right about that, if the idea is winning elections will change the policies and behaviors of the Federal bureaucracy, Swamp and Deep State.
What Trump winning can do is push the Regime into a self destructive spiral of legitimacy destruction, where their own corruption, incompetence and futility creates a feedback loop that they just collapse.
I had a Paypal account for 20 years. Closed it when I learned that they were refusing to pay conservative causes.