Peter Thiel invested $200,000 in Stripe on the spot
Patrick Collison · Stripe: Patrick and John Collison (2018) · Mar 9, 2020 · at 22:02
Patrick Collison, co-founder and CEO of Stripe, recounts pitching PayPal co-founder Peter Thiel in 2010 by detailing PayPal's structural shortcomings.
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“But Peter being such a, sort of, you know, an inveterate contrarian was quite sympathetic to this case, and decided on the spot to make, you know, a fairly material investment of 200,000 dollars.”
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