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A confidential report reveals that convicted sex offender Jeffrey Epstein invested $40 million in Peter Thiel's Valar Ventures, which has now grown to $170 million. This investment is the estate's ...
Jeffrey Epstein invested $40 million in Peter Thiel's Valar Ventures during 2015-2016, creating what has become the largest remaining asset in the deceased financier's estate.
Aaron Curtis, a spokesperson for Valar Ventures, said that a firm representative met with Epstein in 2014 because he was considered a “well-known adviser to world leaders, top universities, and ...
Mr. Epstein, the late financier and sex offender, started by putting $40 million into Valar Ventures, a firm backed by Mr. Thiel. Today that investment is worth about $170 million.
Peak XV (known earlier as Sequoia Capital India and Southeast Asia) and Flourish Ventures had first backed ShopUp in October 2020, when they led a $22.5 million Series A round in the Bangladeshi ...
While Valar’s actual performance across all of its funds is not public information, therefore difficult to obtain, the firm’s 2020 vintage fund is so far down -2.3% in internal rate of return ...
Thiel set up Valar in 2010 and appointed Andrew McCormack and James Fitzgerald to run it. Both previously worked at his family office (Thiel Capital) and at Clarium Capital Management, the now-defunct ...
The perception in Silicon Valley is that every investor would love to be in business with Peter Thiel. But the venture capital fundraising environment has become so difficult that even Valar Ventures, ...
Valar Ventures-backed buy-now-pay-later platform Simpl has laid off nearly 100 employees across verticals as part of cost-cutting measures, people aware of the development told VCCircle. Simpl, which ...
Petal Card, a credit card company backed by Peter Thiel’s Valar Ventures, is exploring options including a possible sale or additional funding, Fortune reported, citing people familiar with the ...