David O. Sacks is a research fellow at The Independent Institute and is vice president of product strategy at PayPal, Inc. He has worked as a legislative aide to U. S. Representative Christopher Cox and received his A.B. in economics (1994) from Stanford University. His articles have appeared in The Wall Street Journal, National Review, Policy Review, and Academic Questions. Peter A. Thiel is a research fellow at The Independent Institute and is chairman andCEO at PayPal, Inc. He has worked as a derivatives trader at Credit Suisse Financial Products, a securities lawyer for Sullivan & Cromwell, and a speechwriter for former Education Secretary William J. Bennett. He received his A.B. in philosophy (1989) and J.D. (1992) from Stanford University. They both live in Palo Alto, California.