November 9, 2016

Peter Thiel's Big Gamble

CLEVELAND, OH - JULY 21: Peter Thiel, co-founder of PayPal, delivers a speech during the evening session on the fourth day of the Republican National Convention on July 21, 2016 at the Quicken Loans Arena in Cleveland, Ohio. Republican presidential candidate Donald Trump received the number of votes needed to secure the party's nomination. An estimated 50,000 people are expected in Cleveland, including hundreds of protesters and members of the media. The four-day Republican National Convention kicked off on July 18. (Photo by Joe Raedle/Getty Images) Peter Thiel should rightly be admired for sometimes seeing what many others cannot. He understood the power of online money transfers well before most traditional financial institutions. He wrote Facebook a check when it was little more than an interesting startup from another Harvard dropout. Most recently, he anticipated what few of his peers predicted could possibly come to fruition: a… Read More

Source: TechCrunch