A company co-founded by PayPal co-creator Peter Thiel may have received a $40 million investment from Jeffrey Epstein. According to a report by The New York Times (NYT), Epstein made this investment in Valar Ventures, a venture capital firm associated with Thiel. The report claims that Epstein invested a substantial amount in Valar Ventures in 2015 and 2016, not long before he died in 2019. This financial link between Thiel’s firm and Epstein had not been publicly disclosed previously. As per a confidential financial analysis of Epstein’s estate and a statement from a Valar spokesman seen by the NYT, the $40 million investment is now reportedly worth close to $170 million. Epstein’s estate is reportedly benefiting from the returns of this investment.<\/p>\n","protected":false},"excerpt":{"rendered":"
A company co-founded by PayPal co-creator Peter Thiel may have received a $40 million investment from Jeffrey Epstein. According to a report by The New York Times (NYT), Epstein made this investment in Valar Ventures, a venture capital firm associated with Thiel. The report claims that Epstein invested a substantial amount in Valar Ventures in 2015 and 2016, not long before he died in 2019. This financial link between Thiel’s firm and Epstein had not been publicly disclosed previously. As per a confidential financial analysis of Epstein’s estate and a statement from a Valar spokesman seen by the NYT, the […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-937239","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/937239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=937239"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/937239\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=937239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=937239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=937239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}