August 2, 2007 – Peter Thiel

August 2, 2007

  • Social interaction
  • Discussion of current issues and events
  • And a lively conversation with our featured speaker

Peter Thiel
venture capitalist,
hedge fund manager,
and co-founder
and former CEO of PayPal.

Peter Thiel is the founder and president of Clarium Capital Management LLC, a global macro hedge fund managing $2 billion in assets and which has returned 240% since its inception in October 2002. In 2005, Clarium was honored by both MarHedge and Absolute Return as the global macro fund of the year.

Mr. Thiel is most widely known as the co-founder and CEO of PayPal, the dominant online payment service, which today has over 130 million users in 103 countries. In 2002, immediately prior to forming Clarium, Mr. Thiel sold PayPal to eBay for $1.5 billion; the PayPal unit has been among eBay?s most profitable ever since.

In addition to managing Clarium, Mr. Thiel is a partner in The Founders Fund, a venture capital firm he started in 2005. He has launched and provided the initial capital for several notable technology start-ups, including LinkedIn, Palantir Technologies, and Facebook, which over the last two years has become the sixth most trafficked site in the U.S.

A frequent financial commentator, Mr. Thiel?s market insights, opinions, and articles have been featured in The Wall Street JournalThe New York TimesThe Financial Times,Barron’sBloomberg Markets, NPR, PBS, the BBC, CNBC, and the hedge fund press, and he has been profiled on “The Charlie Rose Show” and as part of an NHK Special. He also is the subject of a chapter in Steve Drobny’s book, Inside the House of Money.

In addition to finance, Mr. Thiel is active in a variety of academic, philanthropic, and cultural pursuits. He serves on the boards of several think tanks, including Hoover Institution, Pacific Research Institute, and Singularity Institute, which studies the tremendous benefits and dangers of artificial intelligence. He also has served on Stanford Law School?s Board of Visitors and taught Globalization, Sovereignty & Technological Change at Stanford Law School in 2004. In 2005, Mr. Thiel co-produced the film Thank You for Smoking, based on the eponymous Christopher Buckley novel. He also is a U.S.-rated chess master.

This year, Mr. Thiel has been honored as a Young Global Leader, an award bestowed by the World Economic Forum to recognize the world?s 250 most distinguished leaders age 40 and under.

Mr. Thiel received a B.A. in Philosophy from Stanford University in 1989 and a J.D. from Stanford Law School in 1992.

  • We gather at 7pm on the first Thursday of each month and begin our organized meeting around 7:30.
  • The featured speaker is normally introduced at about 8. The meeting continues until about 10.
  • Please note: Junto is not the usual sort of meeting with a long speech followed by Q & A. Invited speakers give a short presentation, and then are challenged to defend their assertions. Discussions are intense, but polite.

General Society Library
20 West 44th St.
Between 5th & 6th avenues, near Grand Central Terminal

Subway: 4, 5, 6, 7 to Grand Central – 42nd St.,
B, D, F, V to 42nd St. – Sixth Ave., or
1, 2, 3, 9, N, Q, R, S, or W to Times Square – 42nd St.

Admission is free, and no reservation is necessary.

Junto focuses on libertarianism, Objectivism — the philosophy of Ayn Rand — and investing.

Our founder and host is Victor Niederhoffer, publisher (with Laurel Kenner) of Daily Speculations.


Previous post:

Next post: