Silicon Valley Bank executives, including CEO Greg Becker, sold $84 million in stock over two years, with $3.6 million sold just two weeks before the bank’s failure. The Justice Department and SEC launched investigations into these insider stock sales, which were executed under 10b5-1 trading …
Anduril Industries was incorporated on June 16, 2017, by Palmer Luckey (Oculus VR founder), Trae Stephens (Founders Fund partner and former Palantir executive), Matt Grimm, Joe Chen, and Brian Schimpf (CEO). The company was seeded by Peter Thiel’s Founders Fund and pitched low-cost border …
Palmer Luckey, founder of Oculus VR (acquired by Facebook for $2 billion in 2014), departed Facebook in March 2017 following controversy over his $10,000 donation to Nimble America, a pro-Trump political group. Internal Facebook emails later revealed that executives, including Mark Zuckerberg, …
Peter Thiel brings J.D. Vance into his global investment firm Mithril Capital as an investor, marking a significant moment in Vance’s early professional career. This relationship positioned Vance within Thiel’s influential tech and venture capital network, setting the stage for …
Tech billionaire Peter Thiel delivers prime-time RNC speech endorsing Trump, marking Silicon Valley’s entry into MAGA movement and first openly gay speaker at Republican convention
Following publication of “Hillbilly Elegy,” J.D. Vance joins Peter Thiel’s venture capital firm Mithril Capital as principal, deepening financial and ideological ties with Silicon Valley’s tech elite.