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> Thiel used $10 million of his proceeds to create Clarium Capital Management… > 57.1% return … 7.8% loss … 40.3% return > …By 2011, after missing out on the
by boogies 5y ago
> Thiel used $10 million of his proceeds to create Clarium Capital Management…
> 57.1% return … 7.8% loss … 40.3% return
> …By 2011, after missing out on the economic rebound, many key investors pulled out, reducing the value of Clarium's assets to $350 million, two thirds of which was Thiel's money.
Sounds like it was overall somewhat profitable?