One of Peter Thiel’s Valar funds lightens its Xero investment
High-profile investor offloads $15m worth of shares. With special feature audio.
Jenny Ruth Fri, 09 Sep 2016
One of high-tech investor Peter Thiel’s Valar funds has decided to lighten its investment in accounting software company Xero [NZX: XRO].
Yesterday, Mr Thiel, famous for co-founding PayPal, investing in Facebook early on and more latterly for bankrupting online media company Gawker, filed a