Peter Thiel

Trump’s VP candidate JD Vance has long ties to Silicon Valley, and was a VC himself

Venture /

Former President Donald Trump picked Ohio Senator J.D. Vance as his running mate on Monday, as he runs to reclaim the office he lost to President Joe Biden in 2020. Vance, who’s best known for his memoir, “Hillbilly Elegy,” spent years as a venture capitalist before leaving the industry when elected to the U.S. Senate […]

Trump’s VP candidate JD Vance has long ties to Silicon Valley, and was a VC himself Read More »

AI startup Hebbia rased $130M at a $700M valuation on $13 million of profitable revenue

Fundraising /

Hebbia, a startup that uses generative AI to search large documents and respond to large questions, has raised a $130 million Series B at a roughly $700 million valuation led by Andresen Horowitz with participation of Index Ventures, Google Ventures and Peter Thiel. And its funding demonstrates that 50x annual recurring revenue (ARR) is becoming

AI startup Hebbia rased $130M at a $700M valuation on $13 million of profitable revenue Read More »

Peter Thiel-founded Valar Ventures raised a $300 million fund, half the size of its last one

Venture /

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, one of the VC firms he helped found, has raised a much smaller fund this year compared to previous ones.  Thiel set up

Peter Thiel-founded Valar Ventures raised a $300 million fund, half the size of its last one Read More »