Thiel Capital opens an office in Miami, as Peter Thiel and others reportedly look to cut ties with California over a proposed ballot measure to tax billionaires
Peter Thiel's private investment firm opened an office in Miami's Wynwood neighborhood, expanding the billionaire's presence in Florida, Thiel Capital announced Wednesday.
US filing: Peter Thiel's Thiel Macro sold 537,742 Nvidia shares, worth ~$100M as of September 30, during Q3, amid rising concerns about an AI investment bubble
Peter Thiel's hedge fund Thiel Macro LLC sold off its holdings in Nvidia Corp. during the third quarter, marking another retreat …
Palantir reports Q2 revenue up 48% YoY to $1B, vs. $940M est., and boosts full-year outlook guidance to $4.142B-$4.150B, up from $3.89B-$3.90B; PLTR jumps 5%+
where the economy ‘weakens in a self-reinforcing fashion’ Larry Dignan / Constellation Research : Palantir's software revolution: Forget sales people, let value do the talking Loredana Harsana / Watch...
Peter Thiel-backed crypto exchange Bullish files for an IPO, plans to trade on the NYSE, and reports a net loss of ~$349M on digital asset sales of $80M in Q1
This is our initial public offering. We are offering a total of ordinary shares … Godfrey Benjamin / Coinspeaker : Bullish Exchange Files to Go Public in the United States Sebastian Villafuerte / Bit...
Sources: Founders Fund cut the size of its Fund VIII, which hasn't begun deploying capital, from ~$1.8B to ~$900M; the money will be pushed to its ninth fund
Founders Fund has quietly cut the size of its eighth venture capital fund in half, from around $1.8 billion to around $900 million, Axios has learned from multiple sources. Tweets: @curiousjorge65 , @...
Sources: Peter Thiel's Founders Fund sold most of its crypto portfolio by the end of March 2022, before the crypto market crash, generating ~$1.8B in returns
Billionaire was early mainstream investor in the digital currency but VC fund no longer has significant exposure
Crypto market maker Portofino, founded by former Citadel Securities executives, emerges from stealth with $50M from Peter Thiel's Valar Ventures and others
Tom Matsuda / The Block :
Berlin-based B2B buy now, pay later startup Mondu raises a $43M Series A led by Peter Thiel's Valar Ventures, bringing its total funding to $57M
Amy O'Brien / Sifted :
Interviews with 50+ people detail Bolt's meteoric rise, which involved overstating tech and performance, as its valuation went from $250M to $11B in three years
The start-up has had a meteoric rise, thanks to its charismatic co-founder, Ryan Breslow. But he sometimes stretched the truth to get there. Tweets: @robinwauters , @brad262run , @rmac18 , @bizcarson...
DJ 3LAU launches Royal, which lets users trade shares of song royalty rights as crypto tokens, with $16M in seed funding led by Founders Fund and Paradigm
optimistic, experimental, supportive and fun! If you want to work at intersection of music and pioneering technology - DM me Big vision, help creators and join an experienced team https://twitter.com/...