So, what are his qualifications? He's a political science and greek history/culture major, but somehow went to work at Barclays, as a principle at Thiel capital, and later CFO at Clarium. He doesn't have an MBA, nor financial or CPA experience, and doesn't have any tech experience.

This seems like a classic old boys network in action. Rich guy gets his son into Princeton by the backdoor, and then uses his connections to get him into Barclays, and later he meets Thiel, and Thiel at some point decides to use him to put an agent into the Whitehouse.

Former CTO, Megan Smith, at least had industry tech experience and a masters degree from MIT.

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