Peter Thiel sold most of his remaining shares in Facebook last week, just before his lawyers made a move in bankruptcy court that hints the billionaire investor may want to buy Gawker.com.

Peter Thiel admitted that selling his Facebook shares during the 2012 IPO was a costly mistake, revealing he underestimated ...

Just months after Facebook’s IPO, billionaire PayPal cofounder Peter Thiel cashed out at $20 a share. But they’d be worth 37 times more today—or nearly, $15 billion.

Thiel, who in 2004 put in $500,000 to become Facebook's first outside investor, today revealed in an SEC filing that he sold about 20 million shares on Thursday and Friday at prices between $19.69 ...

FACEBOOK director Peter Thiel sold roughly $400m (€322m) worth of shares in the Internet social networking company last week, cashing out most of his stake, according to a regulatory filing.

Thiel wasn't alone in selling Facebook stock early. Accel Partners, the venture firm that bought a $12.2 million stake in 2005, sold in the IPO and then distributed more shares to its investors ...

While Thiel has sold most of his Facebook stock, he still has shares worth about $112 million, according to the Wall Street Journal. Thiel started his great Facebook sell-off in May of this year.

Is billionaire investor Peter Thiel getting ready to cash out of more Facebook shares? Thiel, an early investor in the company, sold 16.8 million shares in the Facebook IPO; after the offering he ...

Early Facebook backer, Founders Fund, has sold all of its holdings in the social media giant as part of a previously established trading plan by the venture capital firm’s partner, Peter Thiel ...

Thiel now owns just 63,550 Class A shares, according to Reuters, both independently and through another fund. In addition to the Founders Fund, Thiel is also behind Mithril Capital Management ...

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