Peter Thiel paid staff an extra $1,000 a month if they lived close to the office so they were more likely to work late, book says

• Peter Thiel paid staff an extra $1,000 a month if they lived near the office, a former worker said. 
• The billionaire investor offered it so staff "were more likely to stay late," Michael Gibson wrote.
• Gibson made the claim in his book "Paper Belt on Fire: The Fight for Progress in an Age of Ashes." 

Peter Thiel offered his staff a monthly bonus of $1,000 if they lived close to the office, according to a former employee of the billionaire investor.