Among other things, Thiel is called both a tech oligarch and a failure in Wall Street & Washington. The author somehow tries to blame the wrongdoings of Facebook on Thiel. The intent behind such an article is clearly to smear a person.
The author writes a new anti-Trump article every other day, so this write-up can only be treated as a political hit piece against someone that supports a political figure. Is that good or bad? Up to you to decide, but it should be treated as such.