Peter Thiel is a man of many accomplishments while holding many titles. Thiel is the managing partner in Founders Fund, part-time partner in Y Combinator, president of Clarium Capital, co-founder and chairman Palantir Technologies, co-founder and former CEO of Paypal and financial backer and board member of Facebook. Thiel was actually the first outside investor to put money into Facebook when he did so in 2004 putting $500,000 into the business for 10.2%.
Thiel was born in Germany but moved to Foster City, California when he was one year old. Thiel was an avid chess player and was nationally ranked among U-21 players. Peter received his Bachelor of Arts in Philosophy from Stanford University. Thiel hung around Stanford for a few more years and received his Juris Doctor from Stanford School of Law.
One of Thiel’s greatest business moves was when he co-founded Paypal and took it public in February of 2002. Later that year, Thiel sold Paypal to eBay for $1.5 billion. In 2005, Thiel started Founders Fund, where he would serve as an angel investor and venture capitalist. Some notable companies he’s invested in include LinkedIn, Yelp and Quora.