It's a really good time to be an entrepreneur. If you have a halfway decent idea, you can get it completely funded.
"Peter Andreas Thiel" is an American entrepreneur, venture capitalist, and hedge fund manager. Thiel cofounded PayPal with Max Levchin and Elon Musk and served as its CEO. He also co-founded Palantir Technologies/Palantir, of which he is chairman. He serves as president of Clarium Capital, a global macro hedge fund with $700 million in assets under management; a managing partner in Founders Fund, a venture capital fund with $2 billion in assets under management; co-founder and investment committee chair of Mithril Capital Management; and co-founder and chairman of Valar Ventures. He was the first outside investor in Facebook, the popular social-networking site, with a 10.2% stake acquired in 2004 for $500,000, and sits on the company's board of directors. Thiel was ranked #293 on the Forbes 400 in 2011, with a net worth of $1.5 billion as of March 2012. He was ranked #4 on the Forbes Midas List of 2014 at $2.2 billion. Thiel lives in San Francisco, California/San Francisco, California.
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