2) Being worth $1m is still terrible for having done everything he did.
But it semantics, as Thiel's point was to contrast the value he created with the value he captured.
Also you may think that "Capture value" is not a priority for everybody (Not only money, but also public attention, or power).
In fact capturing value as a priority may absorb too much of your time to be useful.
EDIT: corrected a word