I have no idea whether that's true or not, but misquoting him is not contributing to an intelligent dialogue.
Would it be fair to compare this to saying "I think architecture was better in the ancient times, when low-paid craftmen fashioned each stone by hand"? If I said this, I don't think it should be assumed that I'm in favour of eliminating living wages for laborers.
I agree with you on your last point. I don't think Thiel is too concerned with people misunderstanding him, and he certainly could be more specific.
And it's pretty darn stomach-turning and creepy, any way you slice it.
He also said that 'democracy and freedom are incompatible' because the masses don't vote for his libertarian paradise.
In any case there's also this precious quote
Since 1920, the vast increase in welfare beneficiaries and the extension of the franchise to women — two constituencies that are notoriously tough for libertarians — have rendered the notion of “capitalist democracy” into an oxymoron.
Which, if read properly, is very revealing about the vision he has in mind for society.
If we're going to debug what's wrong with America, this comment is like ground zero. Start here, and work backwards.