The New York Times says Twitter is "providing lawyers to help fight evictions" as part of its tax break agreement with San Francisco. Isn't that like asking Peter Thiel to donate to a college scholarship fund? Read more...
On the web: Peter Thiel claims bitcoin has the potential to change the world - CoinDesk - "Peter Thiel, co-founder of PayPal and famed Silicon Valley investor, has revealed he believes bitcoin could make some serious waves in the world...Show More Summary
Airbnb just confirmed that it secretly raised $200 million from Peter Thiel's Founders Fund and others last year. But locals are more concerned about who gets a share of the "sharing economy." TF Cornerstone, the Manhattan-based real...Show More Summary
Peter Thiel and other U.S. investors are betting that a publicly-traded New Zealand cloud computing company can shake up Intuit's dominance of the small business accounting software market. Xero raised $150 million, $123 million of which came from U.S. Show More Summary
Nearly a year after Peter Thiel, Matrix Partners and others put an extra $49 million into Xero, the online accounting software company is adding yet more capital to its coffers. Today the New Zealand-based startup announced that it has raised $150 million, led again by Peter Thiel-backed Valar Ventures and Matrix Partners. Show More Summary
Larry Summers first public appearance since an "army of academic economists" quashed his bid for chair of the Federal Reserve, did not disappoint. At the Nantucket Project—New England's answer to Davos—Summers called Peter Thiel's scholarship to keep millennial entrepreneurs out of school "the single most misdirected bit of philanthropy this decade." Read more...
Two years after billionaire tech investor Peter Thiel announced an experiment to pay bright high schoolers to drop out of college for $100,000, the Thiel Fellowship program hasn't won over education leaders. "I think the single mostShow More Summary
The $55 million funding round will help Lookout expand beyond the consumer market and into enterprise mobile security.
PayPal co-founder, venture capitalist, and hedge fund manager Peter Thiel has begun accepting applications for his controversial “20 under 20? fellowship program for the 2014 class. Those students interested in... Keep reading ?
Where does a man like Ted Cruz get the confidence to IRL troll the United States Senate for 21 hours? Knowing that PayPal billionaire and Silicon Valley kingpin Peter Thiel has his back surely helps. Read more...
Conventional Silicon Valley wisdom says that founders should drop out of college once they’ve hit their big idea. Mark Zuckerberg did it. Bill Gates did it. Peter Thiel pays kids to do it. The trope of the 20-year-old dropout founder is so well known, it’s practically a cliche. The idea is that these founders can learn more by running...
He's been trying to get this off the ground for years now, but last week PayPal founder Peter Thiel took one step closer to his dream of building an aquatic utopia populated solely by rich/smart/weird folks "who wish to demonstrate new ways of living together". So, yeah, Rapture. Read more...
On Friday, the Seasteading Institute—a non-profit group cofounded by Peter Thiel and Patri Friedman (grandson to Ronald Reagan advisor Milton Friedman)—successfully closed its Indiegogo campaign to design “the world’s first floating city” for “pioneers who wish to demonstrate new ways of living together.” Read more...
Google isn't the only big name in tech working on a "cure" for death, or at least a cure for a lot of the things associated with aging. Venture capitalist Peter Thiel, Oracle CEO Larry Ellison and Microsoft cofounder and angel investor Paul Allen are all working doing the same. Show More Summary
Tech giants Peter Thiel and Bill Gates introduced a revolutionary new product to the public this week, and it had nothing to do with computers or software. Beyond Eggs from Hampton Creek Foods is a plant-based "artificial egg" that is meant to replace the
Guest Post Three years after Thiel started giving teens $100,000 to ditch college and launch startups instead, there don’t seem to be any success stories.
By Vivek Wadhwa Peter Thiel, who funds and mentors young entrepreneurs, speaks at a TEDx conference in Silicon Valley. Photo courtesy of Flickr user Suzie Katz via Creative Commons. Paul Solman: Our friend Vivek Wadhwa, last seen onShow More Summary
After two years at Yale, Dan Friedman made the kind of decision that drives parents bonkers. He dropped out. “I loved school; I had a great time,” he says. But the Silicon Valley tycoon Peter Thiel, co-founder of PayPal and now a venture capitalist, made Friedman an offer he couldn’t refuse.
By Daniel Lauchheimer: Last year, at a Fortune Magazine conference, Peter Thiel and Eric Schmidt debated the future of the technology industry. Peter Thiel railed against the lack of technological innovation, and stated that, (starting at 22:30) "Amazon is the only one... Show More Summary
"The world's hardest problems aren't going to solve themselves," Peter Thiel declared last year, in a press release supporting his elite fellowship program for college-age innovators. The venture capitalist dispenses $100,000 grants to encourage students to leave school for two years, learn entrepreneurship, and "transform the world for the better."... More »