Facebook Backer Thiel Starts Growth-Stage Venture Capital Firm
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Peter Thiel, the billionaire venture capitalist who led the first outside investment in Facebook Inc., has created a new firm to back established technology startups.
Mithril Capital Management LLC, based in San Francisco, has raised $402 million to invest in growth-stage companies that are transitioning from small startups into larger businesses, Ajay Royan, managing general partner, said in an interview.