Entrepreneur: Peter Thiel

entrepreneur, People

Peter Andreas Thiel  (/tiːl/; born 11 October 1967) is a German-American billionaire entrepreneur and venture capitalist. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook. He was ranked No. 4 on the Forbes Midas List of 2014, with a net worth of $2.2 billion, and No. 391 on the Forbes 400 in 2020, with a net worth of $2.1 billion. In 2016, Thiel confirmed that he had funded Hulk Hogan in the Bollea v. Gawker lawsuit because Gawker had previously outed him as gay. The lawsuit eventually bankrupted Gawker.

Born in Frankfurt, he moved with his family to the United States as an infant. He spent a portion of his upbringing in Southern Africa before the family settled in California in 1977. He studied philosophy at Stanford University, graduating with a B.A. in 1989. He then earned his J.D. from Stanford Law School in 1992. Continue reading “Entrepreneur: Peter Thiel”

Article: Court orders Palantir to let investor in U.S. fraud probe inspect emails

Article - Media, Publications

Court orders Palantir to let investor in U.S. fraud probe inspect emails

Jonathan Stempel, 30 January 2019

(Reuters) – The Delaware Supreme Court on Tuesday gave an investor probing possible fraud and mismanagement at Palantir Technologies Inc more power to litigate against and inspect emails of the data analytics company co-founded by Silicon Valley billionaire Peter Thiel.

In a 3-0 vote, the court said a lower court judge abused his discretion by preventing KT4 Partners LLC from using materials from Palantir in litigation outside Delaware, and from reviewing emails related to Palantir’s investors’ rights agreement.
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