Can you provide contradictory evidence? I tried to no avail. I would stop using Brave if it turns out that Thiel is having a bigger stake in Brave than I knew so far.
You’re right, it’s definitely fishy and his claim doesn’t seem to hold up. According to Wellfound (previously Angellist) Brave was seed funded by Founders Fund with 4,5mil USD, which brings them close to owning 10% of Brave, though possibly with some dilution, because Chinese company Qihoo 360 provided 2,5mil USD in seed funding in 2015 already. I don’t think it’s likely that any “[…] first floor engineers at Brave” have a bigger equity, if I’m not completely misunderstanding how these equity valuations work.
It’s definitely suspicious. Since I’m inbetween moving browsers from Chrome to Brave right now, I’ll have to dig deeper into this and maybe switch to Firefox again. Though Mozilla has their own issues.
He’s also a big proponent of the destruction of Western systems, a “libertarian”, founded the right wing Stanford review, and, along with bff Elon (whom he described as a psychopath) have openly stated their goal to bring down the central banks and institute their own form of currency.
He also had a major hand in starting the silicon bank run.
Oh. And he’s an actual member of the Bilderberg group.
Also this. Surprising so many on the right support people like this when he’s the literal personification of all their adrenochrome/deep state conspiracy nonsense.
I think the annoymousjoker summed it up nicely, but let me add that anytime you have venture capital funds investing millions into your product, it means they think it’s going to make them a lot of money. Since you’re not paying for Brave, you need to ask yourself how are they returning on that investment? And the answer to that is that anytime a corporation offers a service for free, it’s because the product they’re making money off of isn’t the service, the product is you and your data.
According to Brave’s CEO, that’s not really true though: https://news.ycombinator.com/item?id=25840586
Can you provide contradictory evidence? I tried to no avail. I would stop using Brave if it turns out that Thiel is having a bigger stake in Brave than I knew so far.
Removed by mod
You’re right, it’s definitely fishy and his claim doesn’t seem to hold up. According to Wellfound (previously Angellist) Brave was seed funded by Founders Fund with 4,5mil USD, which brings them close to owning 10% of Brave, though possibly with some dilution, because Chinese company Qihoo 360 provided 2,5mil USD in seed funding in 2015 already. I don’t think it’s likely that any “[…] first floor engineers at Brave” have a bigger equity, if I’m not completely misunderstanding how these equity valuations work.
It’s definitely suspicious. Since I’m inbetween moving browsers from Chrome to Brave right now, I’ll have to dig deeper into this and maybe switch to Firefox again. Though Mozilla has their own issues.
Sigh. Thanks for your reply!
Literally named after a contraption used by Sauron, imho that’s another red flag right here
Definitely, Thiel is a capitalist psycho, no question about that.
He’s also a big proponent of the destruction of Western systems, a “libertarian”, founded the right wing Stanford review, and, along with bff Elon (whom he described as a psychopath) have openly stated their goal to bring down the central banks and institute their own form of currency.
He also had a major hand in starting the silicon bank run.
Oh. And he’s an actual member of the Bilderberg group.
Peter Thiel is evil incarnate.
Also this. Surprising so many on the right support people like this when he’s the literal personification of all their adrenochrome/deep state conspiracy nonsense.
I think the annoymousjoker summed it up nicely, but let me add that anytime you have venture capital funds investing millions into your product, it means they think it’s going to make them a lot of money. Since you’re not paying for Brave, you need to ask yourself how are they returning on that investment? And the answer to that is that anytime a corporation offers a service for free, it’s because the product they’re making money off of isn’t the service, the product is you and your data.