3min chapter

Founders cover image

#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

CHAPTER

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.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode