Thiel bankrolled Hulk Hugan's lawsuit against Gawker, which bankrupted the company.
NEW YORK, Jan 11- Venture capitalist Peter Thiel has made an offer for Gawker, hoping to overcome legal hurdles and rival bidders for the online news site the billionaire helped shutter by funding litigation against it, people familiar with the matter said on Thursday. Gawker's bankruptcy plan administrator Will Holden, of consulting firm Dacarba LLC, and the...
Practice Fusion was acquired for less money than it raised.
Thiel coming into the space is just another way of showing people are making money, says David Drake, LDL Capital chairman, discussing the future of digital currencies.
The SoFi founder has been approaching investors about a new fintech startup with a plan to raise about $25 million, Recode reports.
CNBC's Dominic Chu reports Peter Thiel's fund paid between $15 million and $20 million for a bitcoin investment.
Dec 15- The 2018 U.S. IPO market is expected to see the debut of some of the most anticipated unicorns companies that have reached $1 billion in valuation without tapping the stock markets. The short-term home rental service, founded in 2008 in San Francisco, has clashed with hoteliers and authorities in cities including New York, Amsterdam, Berlin and Paris, which...
Dec 6- Two years ago, Alan Gertner was head of Google's Asia-Pacific sales team in Singapore, handling more than $100 million in business. The legal cannabis market, currently worth about $8 billion, is predicted to triple in size to $22.6 billion in total annual sales by 2021, according to cannabis industry tracker, Arcview Market Research.
Peter's Thiel's network from the Stanford Review is older and potentially more powerful than the "PayPal mafia," according to a report.
Nov 22- Venture capitalist Peter Thiel may be looking to buy online news site Gawker.com, BuzzFeed said on Wednesday. Thiel's lawyers have objected to the currently ongoing sale process of Gawker.com, saying that he has been prohibited unreasonably from bidding for the website's assets, the internet media company reported, citing a federal bankruptcy court...
The last time Facebook director Peter Thiel sold a huge stake he left billions on the table.
Nov 22- Facebook Inc's first major investor Peter Thiel has sold three-quarters of his remaining stake in the social network as part of a previously established trading plan, a regulatory filing showed. The only major name in Silicon Valley to back President Donald Trump, some have called for Thiels removal from Facebooks board. He became a Facebook investor in...
Nov 22- Venture capitalist Peter Thiel, Facebook Inc's first institutional investor, has sold three-quarters of his remaining stake in the social network, according to a regulatory filing on Tuesday. Thiel, who is a member of Facebook's board, now owns 59,913 Class A shares in the company after selling 160,805 shares for about $29 million....
CNBC lists the 10 most innovative fintech companies around, based on research by KPMG and H2 Ventures.
Investor Peter Thiel and Y Combinator boss Sam Altman, who have very different political views, are going their separate ways in business.
Investors appear to be shrugging off negative sentiment relating to the recent "hard fork" in bitcoin.
“I would bet on places outside of Silicon Valley,” says the PayPal founder, who has invested in Facebook and Airbnb.
Peter Thiel said he is "skeptical" of most cryptocurrencies except bitcoin.
The kingdom is embarking on a big experiment as it diversifies its oil-based economy, and executives looking for investment are making their pitches.
NEW YORK, Oct 19- Stash, a New York- based startup that lets individuals make micro-investments through a mobile app, will launch free bank accounts aimed at low-income U.S. consumers. The accounts will be insured by the U.S. Federal Deposit Insurance Corp, will have no minimum balance requirements and will be connected to a debit card, Stash said.