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1   tovarichpeter   2019 Feb 27, 11:08am  

https://foundersfund.com/


How millionaires are making big money betting on the future
2   CBOEtrader   2019 Feb 27, 11:31am  

4.6% is big money?
3   AD   2019 Feb 27, 12:01pm  

"Founders Fund is returning $4.60 on every dollar invested as part of its fourth fund in 2011, The (Wall Street) Journal said."


That is about a 21% annual growth rate from 2011 to present day.

principal (1+interest rate) ^ term = $4.60

principal = $1
interest rate = 21% = 0.21
term = 8 years
4   CBOEtrader   2019 Feb 27, 2:52pm  

AD says
"Founders Fund is returning $4.60 on every dollar invested as part of its fourth fund in 2011, The (Wall Street) Journal said."


That is about a 21% annual growth rate from 2011 to present day.

principal (1+interest rate) ^ term = $4.60

principal = $1
interest rate = 21% = 0.21
term = 8 years


Oh ok, I wasnt clear what the article was saying. Yeah, 21% is great.

Is the left still calling him a nazi for supporting trump?
5   AD   2019 Feb 27, 10:49pm  

They may still be doing so but no one other than themselves is listening. Thiel is a good man and great investor.
6   marcus   2019 Feb 27, 10:58pm  

Eric Weinstein works for him, so he can't be all bad.

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