Peter Thiel, the controversial cofounder of PayPal, and creator of the Thiel Fellows (twenty students each year are paid to leave college and create startups), created the Founder’s Fund, which has had a string of investment successes including being the first outside investor in FaceBook, along with early-stage investments in LinkedIn, Yammer, Yelp, Practice Fusion, Palantir, Quora and more. Founder’s Fund has grown to manage over $2B in assets and Peter has reached #4 on the Forbes Midas List in 2014 with $2.2B in personal assets.
Some have questioned how Peter chooses companies in which to predict potential future success.
Applying this principle to Peter’s investments – one can begin to see how it can sunshine opportunity that might otherwise be ignored. More