The Thiel crowd are obsessed with Tolkein. They view them as stories of brave white hero's against the hordes of evil dark skinned invaders. Palantir, Anduril, and now this company. Tolkein would have been horrified.
He was never a brexiteer in the first place. He thought leave would lose but give him popularity with the Tory grassroots for backing it. When they won he didn't have a clue what to do. Typical two faced Gove snake.