(Bloomberg) — Peter Thiel’s Founders Fund had no money with Silicon Valley Bank as of Thursday morning as the bank descended into chaos, according to a person familiar with the matter. Most Read...
Tag: Thiels
Peter Thiel’s Fund Cashed Out $1B Worth Crypto After Holding for 8 Years: FT
Peter Thiel has been a long-time Bitcoin backer. But his fund closing almost all its crypto positions shortly before the market went downhill did not sit well with many. According to Fortune’s latest ...
Peter Thiel’s Fund Cashes Out $1 Billion in Crypto After 8 Years of Holding
Founders Fund, a venture capital firm co-founded by Peter Thiel and managing $11 billion in assets, reportedly liquidated most of its Bitcoin investment, which was purchased eight years ago, before th...
Peter Thiel’s fund sold bitcoin holdings as downturn intensified, Fed hiked rates: FT
Peter Thiel’s Founder Fund sold its bitcoin holdings last year as the market decline intensified. The fund, which invests in “revolutionary technologies that reshape the way we inte...
Peter Thiel’s VC fund backs climate-conscious fintech TreeCard
TreeCard offers users a spending and money management platform tied to a debit card made from wood. TreeCard TreeCard, a climate-conscious digital money app, raised $23 million from investors in a new...
Peter Thiel’s Founders Fund leads $3.7 million round into Block Green
Peter Thiel’s Founders Fund led a $3.7 million seed equity round into Block Green, a lending protocol that aims to enable bitcoin staking. Other investors in the round, which closed in early Ju...
Thiel’s Palantir Boosts Hiring While Others Are Cutting Jobs
(Bloomberg) — Palantir Technologies Inc. is significantly accelerating its pace of hiring this year to help meet ambitious sales goals, defying convention when many other technology companies ar...
Peter Thiel’s Founders Fund and Pantera Capital Lead $20M Round for Ondo Finance
Ondo Finance, which describes itself as a “permissionless, decentralized investment bank,” has raised $20 million in Series A funding to hire more staff and continue building DeFi offerings for DAOs a...
Inside Peter Thiel’s Life After Facebook
Peter Thiel, Partner, Founders Fund, speaks at the New York Times DealBook conference on November 1, 2018 in New York City. Getty Images Come May, Peter Thiel plans to leave a post he has held for 18 ...