Founder Profile
Peter Thiel
Last reviewed: 2026 · By Swet Parvadiya
Background
Peter Thiel co-founded PayPal in 1998 with Max Levchin and Elon Musk, eventually serving as CEO until its sale to eBay for 1.5 billion dollars in 2002. He then launched Founders Fund, one of Silicon Valley's most influential venture capital firms, and made a 500,000 dollar investment in Facebook in 2004 that returned over a billion dollars. Thiel is a libertarian political philosopher, chess master, and Stanford Law graduate whose intellectual framework combines a belief in technological acceleration with skepticism of conventional democratic institutions. He provided the initial seed capital for Palantir, estimated at approximately 30 million dollars, and shaped its national security mission.
Founding Story
Peter Andreas Thiel was born in Frankfurt, Germany in 1967 and moved to the United States as a child. He attended Stanford University, graduating with a BA in philosophy in 1989 and a JD from Stanford Law School in 1992. After brief stints in law and financial derivatives trading, Thiel co-founded PayPal, which grew into one of the foundational companies of the internet era. His post-PayPal career has spanned venture capital, political activism, book authorship (Zero to One, published 2014), and company building through investments in Facebook, LinkedIn, Stripe, and SpaceX. Palantir remains arguably his most consequential founding contribution, representing his most direct attempt to apply the Silicon Valley engineering ethos to the national security apparatus of the United States. Thiel stepped back from active involvement in Palantir's operations early in the company's history, though he remains a significant shareholder and board observer.