Probably a number of gay, closeted CEOs: Thiel

Silicon Valley venture capitalist Peter Thiel thinks generational hang-ups are holding gay chief executives back from coming out of the closet, he said on Wednesday.

"I suspect there probably are a number of gay CEOs who haven't announced it," Thiel said in a "Squawk Box" interview. "I suspect it's mostly a generational thing."

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Thiel said gay CEOs who are in their 50s and 60s are unlikely at this point to reveal their orientation publicly, but that things will change over time.

"I think we'll be seeing a lot more in the decades ahead," said Thiel, who is himself one of the most prominent openly gay executives in Silicon Valley.

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