Jump to content
Gorgalosk

Has Peter Thiel’s Founders Fund sold its share in Ripple?

Recommended Posts

Apologize if this is common knowledge.  I was reading about some trouble at Thiel’s venture capital fund here:

https://www.vox.com/recode/2019/11/7/20953968/mithril-capital-crystal-mckellar-ajay-royan-peter-thiel

which lead me down a worm hole to try and find out more info on the Thiel fund that has invested in Ripple Labs.  It turns out Thiel’s founder’s fund invested early on (circa 2013 from what I can tell). Thing is, when checking out their website Ripple isn’t listed in their portfolio:

https://foundersfund.com/portfolio/

Has there ever been any word or news of Thiel’s fund selling out of there investment in Ripple? Has this ever been mentioned or answered before?

Share this post


Link to post
Share on other sites
43 minutes ago, ADingoAteMyXRP said:

When I search "Ripple" and "Founders Fund" this thread is the first thing that comes up. Are you sure they ever invested in Ripple? Thiel is a big Bitcoin guy.

This is because it was still OpenCoin when they invested:

https://www.google.com/amp/s/www.technologyreview.com/s/513606/big-name-investors-back-effort-to-build-a-better-bitcoin/amp/

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...