![]() ![]() Through the Thiel Foundation, Thiel governs the grant-making bodies Breakout Labs and Thiel Fellowship, and funds non-profit research into artificial intelligence, life extension, and seasteading. He co-founded Valar Ventures in 2010 co-founded Mithril Capital, serving as investment committee chair, in 2012 and served as a part-time partner at Y Combinator from 2015 to 2017. After the Fifth National Government intervened on his behalf, Thiel was controversially granted New Zealand citizenship in 2011 after spending 12 days in the country non-consecutively. He sold the majority of his shares in Facebook for over $1 billion in 2012, but remains on the board of directors. Earlier, Thiel became Facebook's first outside investor when he acquired a 10.2% stake for $500,000 in August 2004. In 2005, he launched Founders Fund with PayPal partners Ken Howery and Luke Nosek. ![]() In 2003, he launched Palantir Technologies, a big data analysis company, serving as its chairman since its inception. He co-founded PayPal with Max Levchin and Luke Nosek in 1998, serving as chief executive officer until its sale to eBay in 2002 for $1.5 billion.Īfter PayPal, he founded Clarium Capital, a global macro hedge fund based in San Francisco. He founded Thiel Capital Management in 1996. Secretary of Education William Bennett and as a derivatives trader at Credit Suisse. He worked as a securities lawyer at Sullivan & Cromwell, as a speechwriter for former U.S. As of June 2023, Thiel had an estimated net worth of $9.7 billion and was ranked 213th on the Bloomberg Billionaires Index. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook. Black and Latino Founders Funds in their own words, and learn more about all of the 2023 recipients on Andreas Thiel ( / t iː l/ born 11 October 1967) is a German-American billionaire entrepreneur, venture capitalist, and political activist. ![]() We’re looking forward to working with these businesses to help them reach their full potential. Past recipients have gone on to raise over $400 million in investment after being selected and they’ve used these funds to create jobs and grow their revenues. ![]() We’ve seen our Founders Funds have a catalytic effect for founders, helping them raise further capital. Since 2020 we’ve provided more than $45 million in cash funding to 547 Black and Latino founders. Over the past month, we've welcomed a total of 99 Black Founders Fund recipients in the US, Africa, Europe and Brazil. The Google for Startups Founders Fund community continues to grow around the world. Mariza joins founders like Carlos Gaitan of Benchmark Labs, a startup using Google’s AI tools to help farmers better predict weather patterns to improve their crop yields Erika Hairston of EdLyft, a platform that prepares college students for careers in computer science and Zara Perumal of Overwatch Data, a cybersecurity startup that protects companies by detecting and analyzing business risks. Zócalo’s AI-powered telemedicine app is helping increase access to affordable healthcare for the Latino community in the U.S. For example, three weeks ago, I had the chance to meet with and award Mariza Hardin participation in our Founders Fund program for her startup, Zócalo Health. These founders are solving some of our most pressing problems. Beyond $150,000 in equity-free cash to help fuel their business, participants in our Founders Fund program receive sales and fundraising training, technical support from Google mentors, up to $100,000 in Google Cloud credits, mental health coaching from a team of Black and Latino therapists, and participation in an amazing community. recipients of this year’s Google for Startups Black Founders Fund and Latino Founders Fund. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |