Facebook (NASDAQ:fb) 180.59 USD-Peter Theil was the first venture capitalist to invest in Facebook. He has finally exited his position and cashed out 29 million. When Zuckerberg took the company public in 2012, Thiel sold 16.8 million shares at the IPO for about $640 million. Later the same year, he sold roughly 20 million of his remaining 26 million shares for $400 million after the expiry of a lockup. He hit the market once again in 2016 to sell a little less than 1 million shares for about $100 million. Theil is currently #4 on the Forbes Midas touch financiers. Facebook shares were down 0.7 percent at $180.59 on Wednesday. #venturecapitalist #petertheil #marczuckerberg #facebook #socialmedia #cashout #nasdaq #ipo










