News

Here Are The Biggest Republican Supporters In Silicon Valley

[credit provider=”jurvetson | Flickr” url=”http://www.flickr.com/photos/jurvetson/480809538/”] Republicans among the Silicon Valley Elite take a number of different forms — business minded CEOs, arch-libertarians, and even politicians themselves. They’re nowhere near as common as their techie Democrat counterparts, but there are many computer savvy GOP boosters out there.
Here Are The Biggest Republican Supporters In Silicon Valley
Tech

Watch Out, Oracle: Prior Knowledge Is The Hot New Database Startup To Watch

[credit provider=”Prior Knowledge” url=”https://www.priorknowledge.com/team”] A couple of MIT PhDs have created an amazing new kind of database called Veritable.Prior Knowledge, a startup, launched Veritable on Tuesday at the TechCrunch Disrupt conference, and while it only made it to the finals at the show, it was the real winner for us.
Watch Out, Oracle: Prior Knowledge Is The Hot New Database Startup To Watch
Tech

The Truth About Peter Thiel’s Massive Facebook Selloff And His Board Seat

[credit provider=”Fortune Live Media / flickr” url=”http://www.flickr.com/photos/fortunelivemedia/7587995416/sizes/l/in/photostream/”] In late August, Facebook board member Peter Thiel sold 20.6 million of his 26.2 million shares in the company.Thiel also sold 16.8 million shares during Facebook’s May 18 IPO.
The Truth About Peter Thiel’s Massive Facebook Selloff And His Board Seat
Tech

One Of The Valley’s Most Successful College Dropouts Isn’t A Fan Of Other People Dropping Out Of College

[credit provider=”Flickr/Kevin Krejci” url=”http://www.flickr.com/photos/kevinkrejci/6950897876/sizes/z/”] Aaron Levie is the classic Silicon Valley story.He’s a super smart college dropout who, at 27, is running a 500+ employee startup valued at over $1 billion. He’s a living example of why Libertarian billionaire venture capitalist Peter Thiel created his no-college Thiel Fellowship program.
One Of The Valley’s Most Successful College Dropouts Isn’t A Fan Of Other People Dropping Out Of College
Tech

10 Things You Need To Know This Morning

[credit provider=”AP”] Good morning! Here’s the news: Early Facebook investor Peter Thiel has cashed out the majority of his stake in the company. Thiel sold off 20.6 million shares and is holding on to 5.6 million shares. Aswath Damodaran, the valuation guru, says he will pull the trigger on buying […]
10 Things You Need To Know This Morning
Tech

Facebook Investor Peter Thiel Just Revealed What A Huge ‘Lord Of The Rings’ Fan He Is

[credit provider=”AllMoviePhoto” url=”http://www.allmoviephoto.com/photo/two_towers_002.html”] Venture capitalist Peter Thiel, the first outside investor in Facebook, is a huge fan of J. R. R. Tolkien’s Lord of the Rings series of fantasy books.So much so that he held some of the Facebook shares he just sold through Tolkien-named entities, Lembas LLC and Rivendell One […]
Facebook Investor Peter Thiel Just Revealed What A Huge ‘Lord Of The Rings’ Fan He Is
Strategy

Let’s See How Peter Thiel’s College Dropouts Are Doing In The Real World

[credit provider=”www.acceleratingfuture.com”] Peter Thiel, co-founder of PayPal and prolific angel investor, sparked controversy last fall when he announced a fellowship giving 24 young adults $100,000 over two years to leave college and pursue entrepreneurship full-time.The mission behind the program: Rattle the default assumption that every young adult needs a college […]
Let’s See How Peter Thiel’s College Dropouts Are Doing In The Real World
Tech

The 9 Outrageous Ways Facebook Investor Peter Thiel Just Ripped Google Chairman Eric Schmidt Apart

[credit provider=”Flickr/Fortune Live Media” url=”http://www.flickr.com/photos/fortunelivemedia/7587954214/sizes/z/in/photostream/”] Venture capitalist Peter Thiel and Google chairman Eric Schmidt hit the stage Tuesday night at Fortune’s Brainstorm conference in Aspen to engage in a good old-fashioned insult-swaping smackdown.The tech-elite attendees—Michael Dell was sitting front and centre, for example—ate it up.
The 9 Outrageous Ways Facebook Investor Peter Thiel Just Ripped Google Chairman Eric Schmidt Apart
News

Facebook Billionaire Peter Thiel Is Bankrolling The Tea Party Insurgency In Texas

[credit provider=”Techcruch via flickr ” url=”http://www.flickr.com/photos/techcrunch50-2008/2840822829/”] Tea Party-backed Senate candidate Ted Cruz points with pride to the army of small conservative donors supporting him. But his largest longtime contributor is a gay billionaire who supports same-sex marriage and marijuana legalization, campaign finance filings show.Peter Thiel, a German-born hedge fund manager […]
Facebook Billionaire Peter Thiel Is Bankrolling The Tea Party Insurgency In Texas
Strategy

30 Executives Who Are Excellent At Chess

[credit provider=”Chessgames.com” url=”http://www.chessgames.com/player/patrick_wolff.html”] Games like bridge, poker, and chess are great for business. These games all use methods that can can be incorporated into the way you view and make business decisions. Chess in particular requires strategic decision-making, concentration, tactics, and evaluation. Bob Rice, author of Three Moves Ahead: What […]
30 Executives Who Are Excellent At Chess
Tech

10 Things You Need To Know This Morning

[credit provider=”AP”] Good morning! Here’s the news: Apparently Microsoft kept its PC partners in the dark about the Surface tablet until just three days before the big media event on Monday. Microsoft’s CEO Steve Ballmer took a potshot at Google in a leaked memo about the tablet’s launch. “We made […]
10 Things You Need To Know This Morning
Tech

Peter Thiel Launches A New Venture Capital Firm For Growth-Stage Companies

[credit provider=”Screenshot”] Peter Thiel, the billionaire venture capitalist and early Facebook investor, is turning his attention to late-stage startups.Thiel is the cofounder of a new venture capital firm called Mithril Capital Management based in San Francisco. The firm has raised $402 million, which will be invested in growth-stage tech companies […]
Peter Thiel Launches A New Venture Capital Firm For Growth-Stage Companies
Tech

Peter Thiel Is Paying These 20 Entrepreneurs Who Can’t Even Drink Yet $100,000 To Drop Out Of College

[credit provider=”YouTube Screenshot / CNBCtv” url=”http://www.youtube.com/watch?v=KrjiPgFSYx8&feature=relmfu”] Every now and then, you’ll find a brilliant entrepreneur under the age of 20 that has, say, already created nuclear fusion.Billionaire venture capitalist Peter Thiel has found that person, and 19 more just like him. He is giving them $100,000 to drop out of […]
Peter Thiel Is Paying These 20 Entrepreneurs Who Can’t Even Drink Yet $100,000 To Drop Out Of College
Tech

10 Things You Need To Know This Morning

[credit provider=”MacRumors.com” url=”http://www.macrumors.com/2012/06/05/wwdc-2012-banners-where-great-ideas-go-on-to-do-great-things/”] Good morning! Here’s the news: Apple’s big developers conference kicks off today at 10 AM on the West Coast. Here are all the big product releases we’re expecting Apple to announce. Excitement is clearly running high for Apple’s big event. The line to get into WWDC started […]
10 Things You Need To Know This Morning
Tech

Everything You Remember About The 1990s Is Wrong

[credit provider=”nostri-imago” url=”http://www.flickr.com/photos/nostri-imago/5023596844/”] As we deal with an under-employment crises that refuses to go away, the 1990s are now remembered as an age of prosperity that only got out of hand in a tech bubble at the end of the decade.But that’s not what happened at all.
Everything You Remember About The 1990s Is Wrong
Tech

Inside The Mind Of Silicon Valley’s Most Iconoclastic Billionaire Investor

[credit provider=”thekenyeung” url=”http://www.flickr.com/photos/kyeung808/6949399622/”] Like many people, it’s worth listening to billionaire Peter Thiel because of the impressive things he’s done. He was CEO of PayPal. He was Facebook’s first outside investor. He cofounded Palantir, yet another multi-billion dollar Silicon Valley startup.
Inside The Mind Of Silicon Valley’s Most Iconoclastic Billionaire Investor
Tech

The Difference Between People Who Study Engineering And People Who Study Humanities

[credit provider=”The Library Of Congress via Flickr” url=”http://www.flickr.com/photos/library_of_congress/sets/72157603671370361/with/2178246047/”] Billionaire Facebook investor, former PayPal CEO, and Palantir cofounder Peter Thiel taught a class at Stanford this Spring.We’re going through one student’s notes today and posting the most interesting things we learn.
The Difference Between People Who Study Engineering And People Who Study Humanities
Strategy

The Chess Concepts Peter Thiel Used To Become A Billionaire

[credit provider=”Techcruch via flickr ” url=”http://www.flickr.com/photos/techcrunch50-2008/2840822829/”] Through notes from Peter Thiel’s CS183: Startup class at Stanford University, we have a unique window into the mind of the venture capitalist and hedge fund manager. He’s fascinated with human nature, and integrates what he learned from his former career as a chess master […]
The Chess Concepts Peter Thiel Used To Become A Billionaire
Tech

Peter Thiel’s Palantir Technologies Grabs ANOTHER $56 Million In Funding

Palantir Technologies, a big data startup founded by ex-PayPal folks, has grabbed a $56 million series G round, TechCrunch discovered.That brings its total funding to a whopping $301 million since it was founded in 2004. It just landed $70 million about six months ago. At that time, Palantir had earned […]
Peter Thiel’s Palantir Technologies Grabs ANOTHER $56 Million In Funding
Tech

Peter Thiel: Startup CEOs Shouldn’t Pay Themselves More Than $150,000

[credit provider=”Esther Dyson” url=”http://www.flickr.com/photos/edyson/2226576418/”] Tech Investor Peter Thiel believes startup CEOs shouldn’t pay themselves more than $150,000, even if they’ve raised a significant Series A.He believes a higher salary shows the CEO isn’t motivated. It makes him or her appear uncaring about the startup and its future.
Peter Thiel: Startup CEOs Shouldn’t Pay Themselves More Than $150,000
News

Did Facebook Billionaire Peter Thiel Just Endorse Voting Rights For Kids?

[credit provider=”Esther Dyson” url=”http://www.flickr.com/photos/edyson/2226576418/”] Peter Thiel, one of the top entrepreneurs and investors in Silicon Valley, best known for co-founding PayPal and being the first angel investor in Facebook, just gave a big interview to Francis Fukuyama in The American Interest.There’s a lot to chew on there. Thiel is a […]
Did Facebook Billionaire Peter Thiel Just Endorse Voting Rights For Kids?
Tech

Blueseed Cofounder Worries That His Visa-Free Boat Will Be Full Of Dudes

[credit provider=”Boonsri Dickinson, Business Insider”] The idea of getting entrepreneurs to live on a ship to avoid visa problems seems pretty ridiculous — nothing more than a dream. But getting a promise to invest from Peter Thiel — the early Facebook backer and major valley VC — is a great start.
Blueseed Cofounder Worries That His Visa-Free Boat Will Be Full Of Dudes
Tech

This San Francisco Mansion Is Where Peter Thiel’s Genius Kids Party And Plot

[credit provider=”Boonsri Dickinson, Business Insider”] Early Facebook investor Peter Thiel is paying young entrepreneurs $100,000 over two years to drop out of college and pursue their dreams.We got a chance to party with three of these Thiel Fellows, who are living at The Glint, a new accelerator situated in a […]
This San Francisco Mansion Is Where Peter Thiel’s Genius Kids Party And Plot
Tech

These VCs Bucked The Trend And Raised Fat New Funds In 2011

[credit provider=”TechCrunch Max Whitaker, via Flickr Creative Commons Commercial Use licence” url=”http://www.flickr.com/photos/techcrunch/5036850181/sizes/z/in/photostream/”] Without venture capitalists, there would be no tech startups.But without limited partners willing to invest in high-risk, high-reward venture funds, there would be no VCs.
These VCs Bucked The Trend And Raised Fat New Funds In 2011
Tech

A Quick Trip Inside Peter Thiel’s Dream World

[credit provider=”Erin Ashford (used by permission)” url=”http://www.erinashford.com”] Peter Thiel supports a lot of big and crazy ideas — like building new micro-nations in the ocean and creating artificial intelligence.But for now, he’d be happy if American tech companies could just get more qualified workers from overseas.
A Quick Trip Inside Peter Thiel’s Dream World
Tech

Peter Thiel: The U.S. Government Is “Socialism Without The Five-Year Plan”

[credit provider=”Esther Dyson” url=”http://www.flickr.com/photos/edyson/2226576418/”] Entrepreneur and investor Peter Thiel spoke to a group of student entrepreneurs at Stanford this evening, and at the end one student asked him what he thought the U.S. government should be doing to spur innovation.His response: “The U.S. government is socialism without the five-year plan. […]
Peter Thiel: The U.S. Government Is “Socialism Without The Five-Year Plan”
Markets

GOSSIP: Today’s Wall Street Buzz in 60 Seconds

[credit provider=”Patri Friedman.com” url=”http://patrifriedman.com/aboutme/health.html”] Facebook billionaire, Peter Thiel, broke up his boyfriend, Patri Friedman, the grandson of Milton Friedman, arguably the most famous economist that’s ever lived.The “Law & Order: SVU” episode that appears to mirror the former IMF chief Dominique Strauss-Kahn case will air on Sept. 21.
GOSSIP: Today’s Wall Street Buzz in 60 Seconds
Tech

Facebook Investor Wants Flying Cars, Not 140 Characters

[credit provider=”Esther Dyson” url=”http://www.flickr.com/photos/edyson/2226576418/”] Founders Fund, the VC firm whose highest-profile investment is Facebook, has published a manifesto of sorts, called “What Happened To The Future?”The content will be familiar to anyone who’s been following Founders Fund co-founder Peter Thiel: it complains that the rate of technological innovation is slowing, […]
Facebook Investor Wants Flying Cars, Not 140 Characters
Tech

The Most Important Question Peter Thiel Asks Any Startup Looking For Money

[credit provider=”www.acceleratingfuture.com”] AUCKLAND, NEW ZEALAND – Peter Thiel is the first outside investor in Facebook, the guy who sold PayPal to eBay for billions, and a Founders Fund partner.He told today’s Ice Ideas conference audience that there is one question he asks entrepreneur looking to begin a startup.
The Most Important Question Peter Thiel Asks Any Startup Looking For Money
Tech

Most VCs Are Investing All Wrong

[credit provider=”Founders Fund”] San Francisco venture capital firm Founders Fund thinks the rest of the VC community isn’t trying hard enough.Founders was started by ex-PayPal executives Peter Thiel and Ken Howery in 2005, and boasts Napster founder and early Facebook investor Sean Parker as one of its managing partners.
Most VCs Are Investing All Wrong
Tech

Peter Thiel: If I’d Known, I Would Never Have Started PayPal

[credit provider=”Screenshot”] PayPal co-founder, Facebook billionaire and general Silicon Valley demigod Peter Thiel gave an interview to CapLinked, a company he invested in. He talks about the college bubble and his history but the thing that’s most striking is the fact that he said that if he had known everything he […]
Peter Thiel: If I’d Known, I Would Never Have Started PayPal
Tech

Peter Thiel Is Giving This Man $100,000 To Disrupt College

[credit provider=”Dale J Stephens”] Dale J Stephens wants not so much to destroy college as to render it irrelevant.He started a movement, UnCollege, to promote “self-directed higher-education” and is now launching a startup, RadMatter, to give people the tools to get everything that college is supposed to give, for free. 
Peter Thiel Is Giving This Man $100,000 To Disrupt College
Strategy

Should Entrepreneurs Go To College?

[credit provider=” James Sarmiento (old account) via Flickr” url=”http://www.flickr.com/photos/ijames/112866961/”] There’s been much flap in the blogosphere about early Facebook investor and PayPal co-founder Peter Thiel’s new 20 Under 20 scholarship program. Thiel recently awarded two dozen young entrepreneurs the opportunity to receive $100,000 and mentoring from a team of Silicon Valley […]
Should Entrepreneurs Go To College?
Tech

PayPal Cofounder Peter Thiel Is Paying 24 Kids $100,000 To Drop Out Of School

[credit provider=”www.acceleratingfuture.com”] Early Facebook investor and Paypal cofounder Peter Thiel thinks college is overhyped. Now he’s giving 24 kids a tempting alternative to higher education.Thiel is going to pay some big-dreaming teenagers $100,000 over the course of two years to pursue their entrepreneurial dreams.
PayPal Cofounder Peter Thiel Is Paying 24 Kids $100,000 To Drop Out Of School
Tech

Peter Thiel Explains Why Dropping Out Is Cool

Facebook billionaire Peter Thiel gave a talk at Berkeley on his Thiel Fellowship that pays 20 young people under 20 to stop out of school and pursue entrepreneurial projects. He also spoke about Facebook.
Peter Thiel Explains Why Dropping Out Is Cool
News

What People Don’t Understand About Peter Thiel’s College Crusade

[credit provider=”www.acceleratingfuture.com”] Peter Thiel, the entrepreneur and investor who made billions foreseeing the dotcom and subprime crashes, is courting controversy again by calling higher education the next big bubble.Even worse, he started a program giving cash grants of $100,000 to 20 young people under 20 to stop out of school […]
What People Don’t Understand About Peter Thiel’s College Crusade
Tech

I Went To A Top School And It Was A Waste

Peter Thiel, Facebook billionaire, hedge fund manager and PayPal co-founder, doesn’t mind courting controversy. After correctly foreseeing the dotcom and subprime busts, he has been lambasting higher education as the next big bubble, in the Journal, the National Review and most recently to TechCrunch’s Sarah Lacy.
I Went To A Top School And It Was A Waste
Markets

It Gets Worse: Now Peter Thiel’s Clarium Is Down 23%

[credit provider=”Bloomberg”] Call Clarium the fund that can’t stop losing money.The latest numbers show that Peter Thiel’s $323 million Clarium LP is down 23% through November, says a recent letter to investors obtained by Bloomberg.
It Gets Worse: Now Peter Thiel’s Clarium Is Down 23%
Markets

GOSSIP: Today’s Wall Street Buzz in 60 Seconds

[credit provider=”Kourtney Kardashian’s Website” url=”http://officialkourtneyk.celebuzz.com/2010/08/celebrating-our-la-confidential-cover/kim-kourtney-082510-26/”] Goldman Sachs executives routinely describe themselves as “the fastest animals on the savannah“ in conversations with analysts.Peter Thiel’s Clarium fund is down 17.1% through October, and investors continue to flee.
GOSSIP: Today’s Wall Street Buzz in 60 Seconds
Tech

Yes, It’s OK To Drop Out Of College

[credit provider=”flickr” url=”http://www.flickr.com/photos/pinkmoose/237643504/sizes/o/”] Slate’s Jacob Weisberg is outraged about Peter Thiel’s latest philanthropic venture: $100,000 grants to young people who want to start a company instead of going to — or continuing — college.Jacob says this program is goading students into “halting their intellectual development around the onset of adulthood, […]
Yes, It’s OK To Drop Out Of College
Markets

Gossip Grind: Today’s Wall Street Buzz In 60 Seconds

A former GM metals manager, Daniel J. Bealko, was banned from trading commodities after taking GM for $6.5 million through unauthorised aluminium transactions. He was also fined $5.6 million.“He is a wolf! He is so strong.” – Shia Lebouf on Michael Douglas
Gossip Grind: Today’s Wall Street Buzz In 60 Seconds