Watching the moves high-profile investors make sheds light on the latest trends and coming opportunities in the private market and startup investing world. Peter Thiel’s latest investment uncovers a budding investment sector you should be aware of –– Read on to learn more.
If you follow business or investing news at any level…even if you don’t, you’ve probably heard the name Peter Thiel.
He’s probably best known by most for co-founding PayPal and his early investments in Facebook and Asana, but has amassed personal equity stakes in 50+ other companies over the course of his investing career.
And that doesn’t even account for the more than 70 investments he’s made through the various partnerships and the venture capital funds he manages (i.e. Founders Fund) or is a part of.
Forbes currently estimates his net worth at $3.5B.
Peter is what we call a WHALE, and I’m sure you see why.
If you look at his pattern of investments, they all tend to be in the technology sector.
And when I find that a mega-investor like Thiel just made another investment…I’m all over it!
When you pay attention to the investing activity of high-profile investors like Thiel, it can lead you to other potential opportunities on the horizon and get new sectors on your radar.
I’m breaking this all down for you and sharing his latest investment in today’s edition of Angel Insights.
P.S. We recently had the opportunity to invest in a startup that’s much further along than usual and is seeing insane growth. Watch my latest presentation and learn how you, too, can access this opportunity.
Who Is Peter Thiel
Peter Thiel is a billionaire entrepreneur, angel investor, and venture capitalist. He has made enough successful investments and founded enough innovative companies to make you 99% sure he can see into the future.
One of his greatest achievements—Thiel co-founded PayPal in 1999, effectively creating the digital payments industry overnight. There he worked as CEO until eBay bought it for $1.5 billion. From the deal, Peter earned a cool $55.5 million.
He then took his PayPal returns and founded Clarium Capital, a global macro hedge fund.
Just a few years later, in 2004, he met a flip-flop-wearing college kid with a website run out of his dorm room. Thiel invested $500,000 in his business…
That college kid was Mark Zuckerberg and the company, of course, was Facebook. Thiel became the first outside investor in the company.
That same year Thiel founded Palantir, a revolutionary big data analytics company that would go on to serve the U.S. Intelligence Community and Department of Defense as well as hedge funds, banks, and large corporations across the globe. This company wrote the book on ultra-secure, large-scale analytics.
Since then, Thiel has cashed out of Facebook for over $1 billion, invested in Airbnb, Stripe, and SpaceX, served as a partner at Y Combinator, and funded research into AI, life extension, and seasteading through the Thiel Foundation.
Learning From the Greats
One thing you may notice about Peter Thiel’s career (other than the fact that he likes to name companies after Tolkein references), is that whatever he touches seemingly turns to gold. He is famous for being “first” to many huge innovations and disruptions
We didn’t know that P2P payments would change the financial industry, but he had a hunch. When most of you had never even heard of Myspace, Peter was throwing half a million towards the social network of the future.
A great way for the everyday investor to learn is to watch the moves of career investors and entrepreneurs. It’s not about trying to replicate what they do but rather taking hints from them.
Not only can you watch what they are investing in (which I will show you), but some of them have a lot to say about their strategies…
Peter Thiel famously wrote an article for the Wall Street Journal called “Competition Is For Losers.”
Here he made it very clear that he is only interested in companies so far ahead of the competition, that they actually have none.
Companies like PayPal, Facebook, and Palantir had such huge head starts and no early competitors that they were able to scale into unstoppable forces.
I’m not here to tell you about a bunch of companies that you missed out on. Peter Thiel’s investments have always hinted at the potential within an industry.
Digital payments, big-data analytics, and social media were ready to blow, and he knew before we did.
Now, If that doesn’t get you excited to hear what his latest investment is—I don’t know what will.
Peter Thiel’s Latest Investment of 2020
Doppler makes the world’s first universal secrets manager.
“Secrets” refers to digital authentication credentials, things like passwords, API keys, and tokens. It’s vitally important that a software development team can store and deliver secrets to the people that need them, and absolutely no one else.
Doppler offers a one-stop platform that does just that.
This is a very “unsexy” space and Doppler knows it. They know this isn’t the solution developers are asking for, but it’s what they desperately need. Doppler takes pride in this, saying “we love operating in old unsexy spaces that are ripe for disruption.”
What makes this different from any other secrets manager is that it works across every programming language, stack, and infrastructure.
It increases—not takes away from—developer productivity while strengthening the company’s security.
The Problem Doppler Solves
As you know, startups need to move lightning fast to beat out the competition, grow, and get to market ASAP. This often leads to a compromise in security when it comes to secrets.
Dev teams in a rush and on a budget may share a startup’s most important secrets over Slack or even a good ol’ fashioned copy and paste. This is a big no-no.
Up until now, the alternative to these unsafe practices has been to pay for an overly-expensive secrets manager (if you can find one that works with your infrastructure) that actually slows down development. Another option would be to build a secrets manager in-house, which is time-consuming and risky.
Doppler solves these problems. Nothing else like it exists today.
That’s why Peter Thiel, Sequoia Capital, Kleiner Perkins, and a dozen other investors just pumped $2.3 million into a two-year-old startup’s seed round.
How You Can Follow Big Investors to Success
So why am I telling you about Doppler?
Because Doppler shows us that Peter and tons of other investors are looking at software development and cybersecurity tools.
I’ll be honest—a week ago I didn’t know what a secrets manager was or why development workflows needed disruption…
But now I know.
By following the moves of big investors with a history of success you can discover incredible opportunities. If Doppler turns out like Thiel’s other investments: Facebook, Airbnb, Stripe—then we are in for quite the show.
And Doppler may be the first universal secrets manager to the party, but much like PayPal could have tipped you off about digital payments, Peter Thiel’s investment in Doppler is a glowing neon sign pointing you towards software development and cybersecurity.
Keep your eye out for opportunities in these spaces and never be afraid to turn to experienced investors for insight.