Thiel is understood for his contrarian perspectives, together with making an investment cash to broaden floating towns and inspiring younger other people to skip school. He additionally authored the New York Occasions bestseller, “0 to One,” by which he argues that monopolies will have to be the function for marketers.
As an early backer of Fb, Thiel has come to be referred to as a detailed adviser and mentor to CEO Mark Zuckerberg.
“Peter has been a treasured member of our board and I am deeply thankful for the whole thing he has carried out for our corporate — from believing in us when few others would, to educating me such a lot of classes about trade, economics, and the arena,” Zuckerberg mentioned in a remark Monday.
Zuckerberg, who described the investor as “an unique philosopher,” prompt that Thiel is leaving his place at the board to “dedicate his time to different pursuits.”
