Entries Tagged 'Peter Thiel' ↓

Paypal Founder Invests $1.25 Million to Create Floating Micro-Countries

by Molly Cotter, 08/17/11 Peter Thiel is known for having big ideas before everyone else – he launched Paypal, funded Facebook, and is now interested in building his very own start-up countries in the far off, open ocean. The self-made billionaire is

Peter Thiel is finally making an investment that we're not raising our eyebrows at. Imagine that. After Thiel's investment fund Clarium Capital Management suffered a 90-percent loss (ouch!), the tech investor is going

Tweet Pay Pal founder and early Facebook investor Peter Thiel has given $1.25 million to an initiative to create floating libertarian countries in international waters, according to a profile of the billionaire in

Peter Thiel is best known these days for becoming a billionaire from his early investment in Facebook. But he also runs a global macro hedge fund, Clarium Capital, which has had tremendous ups profiting from the

By Miles Weiss – Mon Aug 15 04:01:01 GMT 2011 Max Levchin, co-founder of PayPal Inc. and chief executive officer of Slide Inc., left, and Peter Thiel, head of Clarium Capital Management LLC and founding investor in PayPal Inc. and Facebook Inc., right,