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.
Peter's Thiel's network from the Stanford Review is older and potentially more powerful than the "PayPal mafia," according to a report.
The last time Facebook director Peter Thiel sold a huge stake he left billions on the table.
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.
Built Robotics has raised $15 million in a round led by NEA to do for construction equipment what Waymo is doing for automobiles.
A start-up called 3T Biosciences n the T-cell therapy space quietly raised more than $12 million from high-profile investors, a source says.
Silicon Valley's politics are hard to define and have roots in pre-Civil War America, according to a Stanford study.
Health regulators in St. Kitts and Nevis are probing the 2016 clinical trial, which they said was conducted without prior official approval.
It was "obviously a mistake," LinkedIn co-founder Reid Hoffman said.
David Sacks, one of Silicon Valley's most prominent investors and a former PayPal COO, discusses the promise of cryptocurrency such as bitcoin and ethereum.
Some of Silicon Valley's most prominent execs have already started donating to both parties ahead of the 2018 midterms, Recode reports.