Ohio Man Buys Facebook Stake for $500k

Back in 2004 . . .
An Ohio man with a degree in philosophy made one of the best investments EVER.
That’s because he wrote a check to Mark Zuckerberg for $500k . . .  buying a 10.2% stake in Facebook (NASDAQ: FB).
Once Facebook launched its IPO – this Facebook investor was able to cash out for over $1.1 billion!
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So, who is this billionaire Facebook investor?
His name is Peter Thiel. And his career included being a speechwriter during Reagan’s presidency . . . serving as clerk for a U.S. Circuit Court judge . . . and working on Wall Street as a trader.
Now, this Facebook investor did all of that before launching a startup called PayPal (NASDAQ: PYPL).
And after earning a small fortune when PayPal was acquired by eBay (NASDAQ: EBAY) . . .
Peter was introduced to a 20-year-old Harvard dropout named Mark Zuckerberg. Within a few weeks, he agreed to write a check and became the first outside investor in Facebook.
The rest is history.
When Facebook went public in an IPO – Peter became an overnight billionaire. And today, Forbes estimates that his net worth is $2.5 billion.
Guys like Peter are known as “angel investors.”
Angel investors make early stage investments in growing businesses (click here to get this $0.50 Pre-IPO).
Typically, they get involved at the ground-floor level… BEFORE the big venture capital funds and private equity firms step in and write big checks.
By investing early, you’re typically able to secure shares at a huge discount to the IPO price.
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