An interview with PETER THIEL, President, Clarium Capital
Interviewer: MATTHEW BISHOP
New York Bureau Chief & US Business Editor, The Economist
The Ideas Economy is an online forum that convenes experts from around the world on the subjects of innovation, intelligent infrastructure, information, and human potential.
Based on a series of live events from The Economist, The Ideas Economy attracts a community of active participants from business, government, non-profits and the academy who are interested in collaborating to solve global challenges, develop new ideas, and contribute to human progress.
Matthew Bishop is the U.S. business editor and New York bureau chief of The Economist. His new book, The Road from Ruin: How to Renew Capitalism and Put America Back on Top, with Michael Green, was published by Crown in February 2010. Philanthrocapitalism, his previous book (also with Mr. Green) was on the global revolution under way in philanthropy. Mr. Bishop is also the author of Essential Economics, The Economist's official layperson's guide to economics. Mr. Bishop is the author of several of The Economist's special report supplements, most recently "A Bigger World," which examines the opportunities and challenges accompanying the rise of emerging economies and firms. Before joining The Economist, Mr. Bishop was on the faculty of London Business School.
American entrepreneur, hedge fund manager, and venture capitalist. With Max Levchin, Thiel co-founded PayPal and was its CEO. He currently serves as president of Clarium Capital Management LLC, a global macro hedge fund with more than $6 billion under management, and a managing partner in The Founders Fund, a $275 million under management venture capital fund he launched with Ken Howery and Luke Nosek in 2005. He was an early investor in Facebook, the popular social-networking site, and sits on the company's Board of Directors.