going to invest in hq. the answer ended up being the founders fund. they invested $15 million in a $100 million valuation, thinking that this company is going to make at least $100 million when it sells or ipos one day. good evening. i m peter thiel. founders fund was peter thiel s fund, early backer of facebook. i build companies and i support people who are building new things, from social networks to rocket ships. he had also just been the only major tech investor to back donald trump in the 2016 presidential elections. peter thiel kind of put a stake in the ground in the tech world as saying, i m not going to shy away from something that i think is good business because it might have a checkered past. and so cyan banister, one of the partners, was going to join the board. i ve invested in companies in my career such as uber, spacex, postmates. and she was known for being an incredible friend to founders and actually working with them in the trenches. and founders fu
it sells the ipos one day. founders found was peter teal s fund early backer of facebook. i build companies and support people building new things from social networks to rocket ships. he had also just been the only major tech investor to back donald trump in the 2016 presidential elections. peter teal kind of put a stick in the ground in the tech world saying i m not going to shay away from something i think is good business because i might have a checkered past. and so one of the partners was going to join the board. i ve invested in companies in my career such as uber, spacex. she was known for being an incredible friend to founders and actually working with them in the trenches. founders funds whole managing principle is we don t get in the way of founders. russ knows he s going to have free reign with founders funds
asked the question of who s going to invest in hq. the answer ended up being the founders fund. they invested $15 million in a $100 million valuation, thinking this company is going to make at least $100 million when it sells or ipos one day. good evening. i m peter thiel. it was peter thiel s fund, early backer of facebook. i build companies and i support people who are building new things from social networks to rocket ships. he had also just been the only major tech investor to back donald trump in the 2016 presidential election. peter thiel kind of put a stake in the ground in the tech world as saying, i m not going to shy away from something that i think is good business because i might have a checkered past. and so zion banister, was going to join the board. i ve invested in companies in my career such as uber, spacex, post mates.