73 posts and columns on Peter Thiel
News ByteZestFinance, which analyzes data to help get loans to people with bad credit, has raised $20 million in Series C funding led by Peter Thiel. The 65-person, Los Angeles-based company, which previously made its own loans but now works with partners, said it is lowering default rates and cutting the cost of credit by crunching data on borrowers.
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