Tech entrepreneur and investor best known for co-founding PayPal and Palantir, and for being one of Facebook’s earliest backers.
Tech entrepreneur and investor best known for co-founding PayPal and Palantir, and for being one of Facebook’s earliest backers.
Peter Thiel, born in Frankfurt, Germany and raised in California, is a visionary entrepreneur, investor, and author. He co-founded PayPal in 1998, helping to revolutionize online payments and laying the groundwork for the modern fintech industry. After PayPal’s success and eventual acquisition by eBay, Thiel became one of the earliest investors in Facebook, turning a $500,000 stake into a multibillion-dollar return.
He went on to co-found Palantir Technologies, a data analytics company that serves major government and commercial clients, and launched Founders Fund, a venture capital firm backing innovative startups like SpaceX, Airbnb, and Stripe. Known for his contrarian thinking and sharp instincts, Thiel has built a legacy around spotting and funding the future of technology.
In 1998, Peter Thiel co-founded PayPal, which transformed the way individuals and businesses handle digital transactions. As CEO, he led the company through rapid growth until its acquisition by eBay in 2002 for $1.5 billion.
In 2004, Thiel became the first outside investor in Facebook, purchasing a 10.2% stake for $500,000. His early support and strategic guidance helped shape the company’s early development and led to one of the most profitable investments in tech history.
Thiel co-founded Palantir in 2003 to build software that could analyze complex data sets for intelligence and security purposes. Today, Palantir serves major government and commercial clients worldwide and is publicly traded with multibillion-dollar valuations.
In 2005, Thiel launched Founders Fund, a venture capital firm that has invested in groundbreaking companies such as SpaceX, Airbnb, Stripe, and Lyft. The firm is known for backing bold, transformative startups with long-term visions.
In 2014, Thiel co-authored Zero to One, a bestseller offering unconventional insights on innovation, startups, and building future defining businesses. The book has become a must-read for aspiring entrepreneurs and tech founders worldwide.
Peter Thiel is deeply committed to shaping a better future. One of his key initiatives is the Thiel Fellowship, which offers young entrepreneurs $100,000 to drop out of college and focus on their startups. He believes in nurturing innovation over formal education for certain individuals. Furthermore, Thiel is heavily involved in anti-aging and life extension research through his Breakout Labs foundation. He also financially supports various political causes and organizations that align with his libertarian viewpoints. By investing in these varied avenues, he aims to stimulate change and innovation across different facets of society. Thiel isn’t just a businessman; he’s a multi-faceted thought leader striving to make a long-lasting impact on the world.
A startup is basically structured to do something new.
Zero to One is Peter Thiel’s guide to building breakthrough startups. It challenges founders to think differently, create unique value, and build the future through bold innovation.
The Diversity Myth examines the rise of political correctness and identity politics on college campuses. Co-authored by Peter Thiel, the book critiques how modern universities handle diversity, free speech, and academic freedom, arguing that ideological conformity undermines true education and open debate.
Get a free consultation from Hustler’s Library! Fill out the quick survey, and a Hustler’s Library Small Business Specialist will contact you shortly!
Other hustlers who have made waves in their industries.
