Peter Thiel is a managing partner at Founders Fund, a San Francisco-based venture capital firm investing in companies building revolutionary technologies. He co-founded PayPal with Max Levchin and Elon Musk, and served as CEO until it was sold to eBay in 2002. Thiel also co-founded Palantir, a computer software and services company specializing in data analysis. Thiel was one of the first outside investors in Facebook, and sits on the company’s board of directors. In 2010, Thiel created the Thiel Fellowship, which awards to 20 people under 20 years old $100,000 to encourage them to pursue innovative ventures.