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#31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future

Founders

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A Brief History of Teal

Teal formed and then sold PayPal to eBay for $1.5 billion in July 2002. With proceeds of some $55 million, Teal assembled an empire. He retooled a hedge fund called Clarium into a vehicle to make large counterintuitive bets on global macro trends. That same summer, Teal placed a $500,000 convertible note into the hands of a 21-year-old Mark Zuckerberg becoming Facebook's first major investor.

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