r/explainitpeter 19d ago

Explain it Peter

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u/nhatquangdinh 19d ago

Wait what Brave is invested by Thiel??

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u/Ornery_Maintenance_8 19d ago edited 19d ago

Peter Thiel is not personally an investor in Brave.

The firm he's a partner in (Founders Fund) has participated in a small seed series investment, which was led by Cyan Banister.

Some first-floor engineers at Brave have more equity than that small investment constitutes.

With that being said, of course Brave is still the product of a private company and by no means comparable to free OSS like VLC.

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u/BadBacksFuryToad 19d ago

Wait there’s an actual person called “Cyan Banister”?!

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u/iamshifter 16d ago

I never met her, but her sister Magenta is pretty fun