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"By now, you've likely heard how Peter Thiel parlayed a $500,000 investment in Facebook to a stake now worth $750 million,'' the Wag says. "There's been a crush of coverage on his $220 million Founders Fund, which may well change the way entrepreneurs get paid in the Valley. We know about his mansion (he rents it -- clever!), his butler, his early-morning jogs. But what no one ever says out loud: Thiel is gay."
What are they drinking in the Menlo Park venture-capital firms along Sand Hill Road? Thiel would be at least the second high-profile outing this year of one of these famously stuffed-shirt financiers.
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