Tag: Peter Thiel

FinTelegram profile of Tech Investor Peter ThielP
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December 20, 2024

Peter Thiel, Palantir, and Potential Gains from Trump’s Election Victory!

Peter Thiel, a prominent tech investor and entrepreneur, is best known as a co-founder of PayPal, Palantir Technologies, and Founders Fund. He was also the first outside investor in Facebook. As of late 2024, Thiel's net worth is estimated to range between $3.9 billion and $11.2 billion, depending on valuation sources. His wealth is largely tied to his investments in companies like Palantir Technologies.
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X could become the dominant global communication platformT
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November 10, 2024

The Tech Oligarchs’ Gambit: How Trump’s Allies in Silicon Valley Could Redefine Power on a Global Scale!

The Trump administration's return brings a powerful alliance of tech moguls like Elon Musk, Peter Thiel, and Marc Andreessen to the forefront, blurring lines between business, politics, and free speech. As they reshape America’s political landscape and along with create a global US tech dominance, critics question the integrity of democracy amid the growing influence of these elite tech figures.
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FinTelegram introduces PalantirP
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September 23, 2024

Portrait: Alex Karp’s Big Data Giant Palantir Technologies Joins S&P 500 Today!

Alex Karp co-founded Palantir Technologies about 20 years ago with early backing from the CIA's investment arm, In-Q-Tel. With one foot in the world of covert operations and another in the boardrooms of Fortune 500 companies, Palantir embodies the complex intersection of technology, privacy, and power. As Palantir ascends to the pantheon of the S&P 500, it carries with it the weight of controversy and the promise of revelation.
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Sebastian Kurz joins Peter Thiel and Israeli cybersecurity companyF
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October 18, 2023

Former Austrian Chancellor Sebastian Kurz Ventures Into Cybersecurity Amid Perjury Trial and Corruption Allegations!

Recent updates from Vienna shed light on the ongoing trial against former Austrian Chancellor Sebastian Kurz over allegations of perjury. Moreover, the Austrian prosecutors continue to investigate Kurz over allegations of corruption. However, beyond the courtroom, Kurz's business activities are garnering significant attention. In the latest developments, Kurz, who vehemently denies lying at the political inquiry, faces ongoing investigations by Austrian prosecutors probing potential corruption.
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Ivy secured fresh funding in Series A round from Valar VenturesR
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September 1, 2023

Remarkable: Leading FinTech Investor Valares Invests In German Open Banking Startup Ivy!

Berlin's PayTech Ivy, renowned for its innovative API, has announced its successful raise of $20 million in Series A funding at a $80-$90 million valuation. The funding was helmed by Peter Thiel's Valar Ventures round on LinkedIn. This new funding round came just five weeks after Ivy closed its seed financing round of $7.7 million, which saw investments from venture firm Creandum and prominent investors, including N26's founder, Maximilian Tayenthal.
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Who pulled the trigger for the SVB bank run?P
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March 21, 2023

Peter Thiel: Did He Or Did He Not Pull The Trigger For The Bank Run?

Currently, the industry is searching for the culprits of the banking run that brought down first California's Silicon Valley Bank (SVB) and then New York's Signature Bank. Bank run works through mass psychology that prominent influencers can easily trigger, especially in a nervous market environment. Some say it was the comments and recommendations of influential that tech mogul Peter Thiel triggered the run on SVB. However, Thiel claims he himself lost $50 million with the SVB collapse.
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PayPal became a social credit watchdogH
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December 15, 2022

How Online Payment Pioneer Became A Black Mirror Episode? Will Twitter Become An Alternative?

PayPal pioneered new-generation online payment services almost 25 years ago. You could send and receive money simply and easily via your email address. It was a cheap alternative to credit cards and banks. PayPal was founded by today's tech giants Peter Thiel, David Sacks, Max Levchin, and Elon Musk. In recent years, PayPal has systematically earned a bad reputation. Musk refers to PayPal as a Black Mirror episode and indicates that Twitter might soon become an alternative.
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German FinTech unicorn N26 still on growth trackF
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January 28, 2021

FinTech 2021 – German unicorn N26 still on the growth track planning acquisitions

The German FinTech unicorn N26 evidently seems to be on an unstoppable growth trajectory despite high losses. N26 said net losses at its core European business came in at 110 million euros in 2020, down from €165M in 2018. N26 has plans to make acquisitions, hire more employees , and expand into Brazil.
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FinTech Unicorn TransferWise appoints IPO coordinatorsT
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January 25, 2021

TransferWise appoints Goldman Sachs and Morgan Stanley for blockbuster IPO in London

TransferWise prepared for a blockbuster IPO and appointed the two Wall Street giants Goldman Sachs and Morgan Stanley as joint coordinators, Sky News reported last week. The surprising thing here is the decision in favor of a listing in London and against New York. This is certainly an important milestone for London to remain Europe's most important financial center after Brexit. The valuation for the IPO is expected to exceed $5 billion. And hey, they are profitable!
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