A place where tipping is allowed!

Advertisements

Peter Thiel’s Founders Fund Building New War Chest in Strategy Shift

Peter Thiel’s venture-capital firm is raising nearly $3 billion—and in a switch from the company’s usual script, much of the war chest will be poured into the swelling ranks of technology startups that have stayed private for years. Founders Fund, Mr. Thiel’s flagship San Francisco firm, is late in the process of amassing the new…

Peter Thiel’s venture-capital firm is raising nearly $3 billion—and in a switch from the company’s usual script, much of the war chest will be poured into the swelling ranks of technology startups that have stayed private for years.

Founders Fund, Mr. Thiel’s flagship San Francisco firm, is late in the process of amassing the new cash across two funds, people familiar with the matter said. The push includes Founders’ first dedicated fund for late-stage companies, which the firm intends to use to plow new money into existing…

Read More

Related articles

Mortgage Relief From Coronavirus Crisis Is Off to Rocky Start

Struggling homeowners are flooding their mortgage companies with requests for help as the coronavirus pandemic wrecks the economy. Many are having a hard time getting it. Homeowners say they are waiting hours on the phone just to reach a real person. When they do, some are told that getting an answer could take weeks. That…

Disney Disturbs the Force: Pleasing Star Wars Fans Complicates Saga

Los Angeles Luke Skywalker was coming back to the big screen, and executives at Walt Disney Co. gathered to hear how. It was 2013, and Disney had months earlier paid $4 billion for Lucasfilm Ltd., the production company behind the space opera of Princess Leia, Darth Vader and the power of the Force. From offices…