Peter Thiel

Peter Andreas Thiel (born October 11, 1967) is an American entrepreneur, venture capitalist, hedge fund manager, and social critic. Thiel co-founded PayPal with Max Levchin and Elon Musk (see PayPal Mafia) and served as its CEO. He also co-founded Palantir, of which he is chairman. He was the first outside investor in Facebook, the popular social-networking site, with a 10.2% stake acquired in 2004 for $500,000, and sits on the company's board of directors.

Thiel serves as president of Clarium Capital, a global macro hedge fund with $700 million in assets under management; a managing partner in Founders Fund, a venture capital fund with $2 billion in assets under management; co-founder and investment committee chair of Mithril Capital Management; and co-founder and chairman of Valar Ventures.

Thiel was ranked #293 on the Forbes 400 in 2011, with a net worth of $1.5 billion as of March 2012. He was ranked #4 on the Forbes Midas List of 2014 at $2.2 billion. Thiel lives in San Francisco.

Podcasts:

Famous quotes by Peter Thiel:

"Hubris is an issue at every one of these Silicon Valley companies that are successful. I don't know if it's any worse at Google than it's been at other highly successful technology companies."
"[In the book's first chapter, Jackson recalls a speech Thiel gave to Confinnity employees, just a few days after he began work, in which he described his hopes for PayPal to become a borderless private currency. He saw PayPal facilitating trade in currency for anyone with an Internet connection by enabling an instant transfer of funds from insecure currencies to more stable ones, such as U.S. dollars. Thiel explained to his young staff how governments had historically robbed their own citizens through inflation and currency devaluation. The very rich could always protect themselves by investing offshore. It's the poor and middle class, Thiel explained, who get screwed.] PayPal will give citizens worldwide more direct control over their currencies than they ever had before, ... It will be nearly impossible for corrupt governments to steal wealth from their people through their old means because if they try the people will switch to dollars or pounds or yen, in effect dumping the worthless local currency for something more secure."
"It's a really good time to be an entrepreneur. If you have a halfway decent idea, you can get it completely funded."
"I think anything that requires real global breakthroughs requires a degree of intensity and sustained effort that cannot be done part time, so it's something you have to do around the clock, and that doesn't compute with our existing educational system."
"People don't want to believe that technology is broken. Pharmaceuticals, robotics, artificial intelligence, nanotechnology - all these areas where the progress has been a lot more limited than people think. And the question is why."
"In the '30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That's not going to work today."
"Had the people who started Facebook decided to stay at Harvard, they would not have been able to build the company, and by the time they graduated in 2006, that window probably would have come and gone."
"In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem."
"I believe we are in a world where innovation in stuff was outlawed. It was basically outlawed in the last 40 years - part of it was environmentalism, part of it was risk aversion."
"I think it's a problem that we don't have more companies like Facebook. It shouldn't be the only company that's doing this well."
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Latest News for: peter thiel

SpaceX chopsticks, veg dinner and talks on Kumbh Mela: Elon Musk's meet with top Indian CEOs

Hindustan Times 18 Jan 2025
(X/@riteshagar) ... Mahakumbh invite to SpaceX chopsticks ... As a vegetarian, loved up” ... “Elon is by far doing the most to evolve human kind or as Peter Thiel says has us closest to getting flying cars,” Agarwal said in the SpaceX CEO’s praise ... ....

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Jezebel 18 Jan 2025
Welcome back to Barf Bag. On Monday, Donald Trump will unfortunately be sworn in as the 47th president of the United States ... The U.S ... Steve Bannon derided "White South Africans" including Musk and Peter Thiel as "the most racist people on earth."

Former Congressman Ron Paul Discusses Israel, 9/11, Elon Musk, and Peter Thiel

Bitchute 17 Jan 2025
Go to the source via the article link to view the video or lcik the video icon ....

9 Iconic Travel Spots Loved by JLo, Kim Kardashian, Beyoncé, And Other Celebs

Pinkvilla 17 Jan 2025
Written by , Certified Lifestyle Expert Updated on Jan 17, 2025 . 07.22 PM IST . 2.5K ... follow us. share ... 1. Miami, Florida ... 2 ... According to the New York Times, Maui is the home of billionaires like Oprah Winfrey, Peter Thiel, and Jeff Bezos ... .

What is Anduril? What to know about the defense tech company bringing 4,000 jobs to Ohio

Lancaster Eagle Gazette 17 Jan 2025
1, 2023 ... Mike DeWine said ... Anduril's latest round of fundraising was led by Peter Thiel, the well-known founder of PayPal, reports Tech Funding News ... Before helping to launch Anduril, Schimpf worked at Palantir Technologies, which was founded by Thiel.

Is Donald Trump Qualified to be President? Emanuel Pastreich

GlobalResearch 17 Jan 2025
Donald Trump is set to be sworn in as president of the United States on January 20th ... Trump was put in place by a band of IT warlords, starting with Peter Thiel and Elon Musk, who intend to destroy humanity and create an absolute slave society ... * ... .

Rachel Maddow Says Biden’s Farewell Warning of Looming Oligarchy ‘Put a Chill Down My Spine’ ...

The Wrap 17 Jan 2025
... next week to a Trump presidency already rife with billionaire influence from the likes of Elon Musk, Peter Thiel, Larry Ellison and other unelected tech and financial titans who wield outsized power.

Snoop Dogg performance to events at exclusive hotels, yachts: Tech industry readies to celebrate Trump inauguration

Deccan Herald 17 Jan 2025
A party at the beaux arts mansion of venture capitalist Peter Thiel ... in “The Social Network,” and Omeed Malik, an investor at 1789 Capital.</p><p>Other new tech backers include Thiel.

17 Silicon Valley Bank execs sued by the FDIC for their role in its collapse

Cryptopolitan 17 Jan 2025
Risky bets and a $294 million dividend ... Defendants fight back ... Founders Fund, led by Peter Thiel, reportedly pulled all its deposits, and by the end of the day, SVB faced $42 billion in withdrawal requests—equal to a quarter of its total deposits.

Labour’s investment in AI isn’t as clever as it thinks it is

AOL 17 Jan 2025
Labour announces huge public rollout of AI, 12 January) ... Second, there’s the question of resources ... Natalie Bennett ... Christopher Tanner ... Palantir, chaired by the Trump acolyte billionaire Peter Thiel, already runs the NHS’s federated data platform ... .

Letters: Silicon Valley tech bros complete their political sellout

East Bay Times 17 Jan 2025
Submit your letter to the editor via this form. Read more Letters to the Editor. Tech bros completetheir political sellout. Re ... 10). Well Silicon Valley Big Tech, the honeymoon is over ... That is exactly what Zuckerburg, Elon Musk and Peter Thiel have done ... .

As Biden warns of an ‘oligarchy,’ Trump will be flanked by tech billionaires at his inauguration

Bangor Daily News 17 Jan 2025
Trump, Vice President-elect JD Vance — who worked as a venture capitalist with conservative Silicon Valley billionaire, Peter Thiel — and others in their inner circle identify themselves as men of the ...

The Rise and Fall of Justin Trudeau and a Warning about his Successors

GlobalResearch 17 Jan 2025
And I think that this convergence of the Peter Thiel, Silicon Valley, imperial Straussians that are currently in play right now and have gained a lot of influence around Trump.

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