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Founders Fund Backs Its First Food Tech Startup, Hampton Creek Foods, With A $1M Investment

Founders Fund, the firm founded by Peter Thiel and other PayPal executives, famously declared that it wants to back companies with big, ambitious visions (not just dinky web startups). And that description certainly fits Hampton Creek...Show More Summary

Peter Thiel Gets the Bitcoin Bug

We recently described in detail what a venture capitalist might see in Bitcoin and it appears that some of that message got through... Submitted by Michael Krieger of Liberty Blitzkrieg blog, Interesting news out today in the Bitcoin world. Show More Summary

PayPal co-founder Thiel invests in London start-up TransferWise

LONDON (Reuters) - London-based start-up TransferWise, a peer-to-peer international money transfer business, has secured an investment from Valar Ventures, the venture fund set up by PayPal co-founder and Facebook investor Peter Thi...

Peter Thiel leads $6M round for fintech upstart Transferwise

last weekTechnology : GigaOM

Thiel becomes the second PayPal co-founder to put money into the UK's Transferwise, which lets users send money internationally at much lower rates than those offered by traditional banks.

P2P Currency Exchange TransferWise Raises $6M Led By Peter Thiel's Valar Ventures, With Participation From SV Angel, Others

Here's some encouraging news for the European startup scene, and London in particular. TransferWise, the online currency exchange that uses the crowd to undercut traditional money transfer services, has announced that it's closed a $6...Show More Summary

Currency exchange TransferWise nabs $6M in first European investment by Peter Thiel’s Valar Ventures

TransferWise, a London-based startup that wants to make transferring money between currencies effortless and inexpensive, has closed a $6 million series A round led by Peter Thiel’s Valar Ventures. Additional participants include SV Angel, PayPal... Keep reading ?

The Thiel Fellowship and the future of connected hardware

Whatever your feelings may be toward the Peter Thiel Fellowship, its focus on fostering young tech entrepreneurs can’t be denied. The program takes 20 young people under the age of 20 and grants them $100,000 to build companies for two years as an alternative to attending college. Show More Summary

Peter Thiel remembers when Mark Zuckerberg turned down $1B

Great entrepreneurs think differently than the rest of us, Peter Thiel said at SXSW 2013. Case in point, Mark Zuckerberg, whom Thiel backed before anybody else and who once turned down a $1 billion buyout offer from Yahoo. "The mostShow More Summary

Peter Thiel's latest fellows are the household names of the future

Diwank Singh Tomer changed his mind about going to college after attending one of Peter Thiel’s Under 20 Summits last summer. “I suddenly realized that maybe I didn’t need to go to college to do what I want to do,” the 19-year-old native of India told me this week. Show More Summary

Why Do Peter Thiel And Sen. Jay Rockefeller Think Pop Culture Doesn’t Show STEM Enough Love?

Last week found tech titan Peter Thiel complaining about the depiction of technology in popular culture, arguing that movies with the message that “technology is going to kill you,” were slowing down interest in tech jobs, the tech industry, and the skills necessary to achieve in both. Yesterday, it was Sen. Jay Rockefeller who, during [...]

Peter Thiel Just Paid 20 Kids $100k to Not Go to College

Techno-libertarian VC king Peter Thiel just promised $2,000,000 to kids in love with software. For scholarships? Nah—they get they ditch their education and form startups instead. Read more...

This Year’s Thiel Fellows Include A Fashion Designer, A Poet, And A Harvard Dropout

These 22 teens were awarded $100,000 each to quit school and start a business. Two years ago, Paypal founder and libertarian futurist Peter Thiel declared higher education "a bubble" and decided to give 20 bright young things $100,000 each to quit college and start a company instead. Show More Summary

Peter Thiel Is Giving These 20 Teenagers $100,000 To Drop Out Of School And Start A Company

Peter Thiel, famous for being Facebook's first investor and the co-founder and former CEO at PayPal, is giving 20 teenagers $100,000 to drop out of college. Here's the catch: They have to start a company. During the two-year program, fellows cannot work or be enrolled in school. Show More Summary

Twitter IPO Just A Matter Of Time, Most Experts Agree

ByElisa Lemmola: If you ask Peter Thiel, tech guru and founder of PayPal (EBAY), Twitter is going to be around for a long time. Thiel says that the company and its estimated one thousand employees can count on having jobs for decades to come. Show More Summary

Andreessen and Thiel debate whether we’re still innovating

2 weeks agoTechnology : Pando Daily

Marc Andreessen and Peter Thiel will pretty much debate anyone, anytime, anywhere about most anything. They’re both frighteningly good at it. It’s not fun to be on the other side of the barrage of obscure facts and rhetorical tricks both can easily employ. So, The Milken Institute decided to sick them on one another. At an event earlier this week,...

Peter Thiel vs. Marc Andreessen: Is Innovation on the Decline?

The two famed VCs hash out the current state of innovation in technology at the Milken Institute. Is technological innovation accelerating or on the decline? Marc Andreessen, founding partner of Andreessen Horowitz, and Peter Thiel, co-founder of PayPal and Founders Fund, batted around the question in a Milken Institute panel discussion Monday. Show More Summary

Twitter Vs. the New York Times: Who Will Survive?

3 weeks agoUnited States / Seattle : Slog

Here's a provocative headline from CNN Money: Peter Thiel: Twitter will outlast the New York Times Sounds like an old-fashioned bar bet to me! [ Comment on this story ] [ Subscribe to the comments on this story ]

Twitter to outlast Peter Thiel

Prominent Silicon Valley investor Peter Thiel is very bullish on Twitter.

Fin-tech startup On Deck opens its fourth round, nabs $17M from Google Ventures & Peter Thiel

On Deck says it opened its round to further investment so it can build more products, and hire technical talent. But the company will also benefit from its association with Thiel, a major player in Silicon Valley, and a notoriously founder-friendly investor.

Facebook’s Peter Thiel Says That Hollywood Is Driving People Away From The Tech Industry

In an interesting nod to Hollywood’s influence, tech titan Peter Thiel has suggested that his industry is being hurt hurt by its portrayal in Hollywood as a source of advancements with post-apocalyptic consequences: Thiel, who made billions as a co-founder of PayPal and as an early investor in Facebook, told a standing-room only audience Monday [...]

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