Google Ventures Leads $17 Million Round in On Deck Capital

A fast-growing startup that uses big data to make small-business loans.
all hands on deck

Sympathy for Peter Thiel

I feel sorry for Peter Thiel. Did he really want flying cars? Flying cars are not a very efficient way to move things from one point to another. On the other hand, 20 years ago we had the idea that information could become available at your fingertips. We got that done.

– Bill Gates, in an interview with Wired magazine’s Steven Levy

Exclusive: PayPal Co-Founder Levchin Launches New Payments Startup, Affirm

He’s back, and this time the well-known entrepreneur wants to give you a digital charge card.
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After IPO, Facebook Insiders Make $775 Million

Facebook Inc. has been trading below its $38 offering price since shortly after its IPO in May. But that hasn’t stopped insiders from selling shares valued at more than $775 million in the past five months.

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Thiel in Talks to Invest in Airbnb at $2.5B Valuation

Online room rental service Airbnb Inc. is in discussions with venture capitalist Peter Thiel about a roughly $150 million investment that would value the company at around $2.5 billion, according to people familiar with the matter.

Peter Thiel Unloads Roughly 20 Million Facebook Shares

Facebook’s first outside investor cashes out the majority of his stake in the company.
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Facebook Shares Unlocking

An avalanche of privately held Facebook shares could begin hitting the market this week — potentially putting further pressure on the company’s stock — as rules expire that have kept some early investors from cashing out.

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Asana Raises $28M to Reunite With Peter Thiel

Productivity toolmaker Asana said today it had raised $28 million led by Peter Thiel’s Founders Fund. Asana’s team and investors are a bit of a Facebook reunion, including its co-founders Dustin Moskovitz and Justin Rosenstein and various employees, early investor Thiel, and early employees Adam D’Angelo and Matt Cohler via Benchmark Capital.