Tech

The Day Facebook Turned Down $1 Billion

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The Day Facebook Turned Down $1 Billion
Tech

Now Peter Thiel Has Handed His Facebook Shares To Investors

[credit provider=”Fortune Live Media / flickr” url=”http://www.flickr.com/photos/fortunelivemedia/7587995416/sizes/l/in/photostream/”] We noticed something interesting in a recent SEC filing by Facebook board member Marc Andreessen.Andreessen, a Facebook board member and cofounder of venture-capital firm Andreessen Horowitz, reported receiving 15,344 Facebook shares from Founders Fund LP and Lembas LLC.
Now Peter Thiel Has Handed His Facebook Shares To Investors
Markets

Peter Thiel: Tech Is More Than An ‘Alternate Virtual Universe’

[credit provider=”Suzie Katz via Flickr ” url=”http://www.flickr.com/photos/flyinghorsepix/4193425251/”] Peter Thiel, one of our favourite billionaire, venture capitalist, and hedge fund managers, really nails the future and raison d’etre of technology, in our opinion.  Recall his famous line,  “We wanted flying cars, instead we got 140 characters.”  Amen to that!We like Twitter […]
Peter Thiel: Tech Is More Than An ‘Alternate Virtual Universe’
Tech

How 15 Tech Tycoons Spend Their Fortunes

[credit provider=”AP”] If you’d founded a tech company worth billions of dollars, what would you do with your cash?That’s a high-class problem faced by the moguls on this list.
How 15 Tech Tycoons Spend Their Fortunes
Strategy

30 People With ‘Soft’ College Majors Who Became Extremely Successful

[credit provider=”Uriel Sinai/Getty Images”] Recently, venture capitalist Marc Andreessen said that he believed in the value of college, but mostly for maths-based majors like engineering, rather than “softer stuff,” like English. “I’m sure it’s fun, but the average college graduate with a degree in something like English is going to end […]
30 People With ‘Soft’ College Majors Who Became Extremely Successful
Tech

Peter Thiel Gave An Inventor $300,000 To Develop Man-Made Tornados

[credit provider=”YouTube” url=”http://www.youtube.com/watch?v=eEMv22oIsFA”] Paypal co-founder Peter Thiel just gave Canadian inventor Louis Michaud $300,000 to make man-made tornadoes.Michaud and his company, AVEtec, are building a prototype of its Atmospheric Vortex Engine to create tornadoes about 40 meters high that can produce energy from waste heat. 
Peter Thiel Gave An Inventor $300,000 To Develop Man-Made Tornados
Tech

Peter Thiel Puts Huge Money Into Hot Enterprise Software Company Xero

[credit provider=”thekenyeung” url=”http://www.flickr.com/photos/kyeung808/6949399622/”] Peter Thiel, the former PayPal CEO who is also famous for making billions investing in Facebook during it’s early days, just made another huge bet.According to TechCrunch, He’s teamed up with a handful of investors to put ~$50 million into accounting software for small businesses company Xero.
Peter Thiel Puts Huge Money Into Hot Enterprise Software Company Xero
Strategy

Yelp CEO Jeremy Stoppelman On What Created The ‘PayPal Mafia’ Of Successful Entrepreneurs

[credit provider=”Business Insider”] PayPal helped create one of the most notable groups of entrepreneurs of all time, a huge concentration of success nicknamed the ‘PayPal Mafia,’ which includes Elon Musk, Peter Thiel, YouTube’s Chad Hurley, Reid Hoffman, Yelp’s Jeremy Stoppelman and many others. At an interview at Business Insider’s IGNITION 2012 conference, […]
Yelp CEO Jeremy Stoppelman On What Created The ‘PayPal Mafia’ Of Successful Entrepreneurs