Transcripts for CNN Glitch The Rise Fall of HQ Trivia 20240

CNN Glitch The Rise Fall of HQ Trivia June 4, 2024 06:04:00

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.

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