The first billion businessman Peter Thiel made money on Facebook. His astounding ability to anticipate success has earned him the title of legendary investor.
According to Forbes magazine, there is a clear rejuvenation of global business. In the ratings of the richest people, there are more and more new stars who have received solid fortunes in the shortest possible time, starting a business from scratch. Thanks to incredibly successful Internet projects, billions have become possible out of thin air. Modern business angels, that is, venture capitalists, have played a significant role in the astounding take-off. These figures include Peter Thiel.
Road to dream
The famous entrepreneur was born in 1967 in Germany, on October 11. He visited many cities with his parents, changed many schools. The family decided to settle in America. Peter received his education at Stanford University. Graduated from Thiel in 1989 with a bachelor's degree in Philosophy of Art. In 1992 he became a Doctor of Law.
The young man has always been distinguished by an amazing sense of purpose. He needed the maximum result in any activity. Having started playing chess, Peter became the owner of the national level as a teenager. Deciding to pursue legal studies, he entered the appropriate New York office as an assistant judge. Peter quickly sorted out the mood, realizing that he was not interested in being a lawyer.
After working as a trader in the financial markets, Thiel headed to California's Silicon Valley. The first investment was unsuccessful. Together with Max Levchin in 1998, the businessman began to promote the electronic payment system by organizing the Confinity company. He created a high-tech "PayPal" based on IT technology.
Very soon, entrepreneurs took Elon Musk into the ranks. With the newly formed company, he connected his own "X.com". Musk soon left the case, but remained a member of the PayPal mafia forever. The name was assigned to a successful team, whose projects significantly influenced the entire virtual world as a whole.
The history of achievements in venture investing started with the sale of PayPal in 2002. The businessman started and developed many successful investment projects. Three essential qualities helped this. The first was the belief that the grandeur of financial success is always in the unknown. Then there was a highly professional intuition for strategic vision. Finally, it was not without personal involvement in the success of the project.
Thiel founded venture capital funds, an investment fund for financing Mithril companies in the late stages of development. One of the most successful businesses is Facebook.
Successful investments
Zuckerberg sought funding from the most famous investors. However, Peter Thiel was able to provide him with help. Another project was Palantir Technologies. After Facebook, the businessman became a billionaire. The only startup covered the top nine not very successful projects in terms of profitability. Thiel is convinced that an entrepreneur who wants to achieve everything must do the unfamiliar and unusual for himself. He confirms this by his own example.
The businessman is very controversial. He lectures to students. At the same time, Thiel calls higher education unnecessary and encourages people to drop out in favor of business. The investor is very tough and professional. At the same time, he finances projects that are simply crazy from the point of view of others.
He is a Tolkien lover. Inspired by the magical world of the writer, the names of many of the entrepreneur's companies. Palantir became the second most profitable company after Facebook. In his lectures, Peter argued that the success of a company's development can only be vertical. He demonstrated this with his book From Zero to One. How to create a startup that will change the future”. Its main idea is to follow not fashion trends, but an unknown dream.
Thiel's main interest in work is in the social freedom of the individual. Therefore, the entrepreneur supports the research that many scientists consider fantastic.
In 2011, a scholarship program was launched for aspiring entrepreneurs willing to quit education to capitalize on. Young talents receive grants of one hundred thousand and create start-ups that then bring in millions. The first project of Thiel Fellows is known. The participant of the first recruitment became the author of the profitable project Hello.
New plans
Peter also actively supports the development of artificial intelligence. He is sure that only with the help of the latest technologies the world is able to develop successfully and further.
Till finances the construction of unusual futuristic settlements in the open ocean. Their inhabitants will be able to arrange life at their own will, regardless of existing ideas and stereotypes.
The entrepreneur is living the dream of him. The businessman is sure that his mission is to build a future for all mankind and for himself. He argues that society is doomed where citizens do not want to think about the future.
Thiel doesn't just assert, he acts purposefully. And he does it very energetically. Peter Thiel is a futurist. He is also a very successful investor.
The businessman prefers not to tell anything about his personal life. There is no information about the businessman's wife and child. But it is known that he is always ready to change his biography.
