FutureFive New Zealand - Consumer technology news & reviews from the future

Peter Thiel stories

Peter Thiel, a man synonymous with the colossal strides in the tech industry, possesses an intriguing blend of interests and investments that span across various landscapes from social media titans like Facebook to advancing the technological frontiers in New Zealand. As a billionaire investor, Thiel's portfolio reveals a sharp eye for potential alongside a committed intention to nurture technological innovation, often with a focus on supporting the growth and global outreach of tech companies.

Thiel's activities, extending from significant real estate movements in Auckland to pivotal contributions in bolstering New Zealand's tech scene, underline his multifaceted involvement in both the economic and technological spheres. His eclectic investments, including the notable backing of companies like Xero, showcase a passionate endorsement of tech advancements beyond the Silicon Valley bubble. Thiel's quest to elevate the profile and performance of New Zealand's tech industry, despite facing criticisms, highlights his steadfast belief in the latent potential of global tech hubs. Through financial injections and advisory roles, Thiel undeniably sets a dynamic pace for the exploration and expansion of technological frontiers around the world.

Xero logo4 1

US investors pour $82M into Xero

Mon, 3rd Dec 2012
#
fintech
#
financial systems
#
xero
Two American investors have increased their interest in cloud accounting software provider Xero by a total of $82 million.
1220087681 8

New Zealand fails to make tech grade

Fri, 30th Nov 2012
#
ict
#
investing
#
kiwi
New Zealand's top cities, including Auckland and Wellington, failed to crack the Global Startup Ecosystem Index's top 20 tech hubs, unlike Sydney and Melbourne.
6alberon010

Facebook billionaire sells Auckland home

Wed, 3rd Oct 2012
Social networking director Peter Thiel lists Parnell property for sale as he searches for a bigger pad within the CBD.
Front page1

Facebook investor cashes out

Tue, 21st Aug 2012
#
martech
#
commerce systems
#
payment technologies
Director Peter Thiel sells most of his stock in the social networking site after the end of the first lockup period.
Money pile2

US tech investor's $15m kiwi contribution

Fri, 23rd Mar 2012
#
fintech
#
martech
#
commerce systems
US tech investor Peter Thiel is boosting New Zealand's tech scene with a NZD $40 million fund, pledging NZD $15 million via his firm Valar Ventures.
Cash mouse1

Praise, criticism for NZ technology industry

Mon, 11th Jul 2011
#
fintech
#
martech
#
commerce systems
American entrepreneur Peter Thiel lauds New Zealand's tech talent and investments, yet faces critique from local engineers citing a lack of global perspective.
Xero logo21

Xero gets $4 million for US expansion

Fri, 22nd Oct 2010
#
fintech
#
martech
#
commerce systems
Xero secures NZD $4 million from Peter Thiel to fuel its US expansion, with Thiel joining the US Advisory Board to challenge Quickbooks.