PYPL - Palantir Chair Peter Thiel's Pro-Doping Enhanced Games Aims To Raise $300M: Report | Benzinga
The Enhanced Games, an Olympics-style event permitting doping and supported by billionaire Peter Thiel, is reportedly in discussions to secure approximately $300 million in funding.
Thiel cofounded Palantir Technologies Inc.’s (NYSE:PLTR) and PayPal Holdings, Inc. (NASDAQ:PYPL).
Christian Angermayer, co-founder of the London-based company, revealed in an interview that they have engaged in preliminary discussions with various investors, including sovereign wealth funds, to secure a blend of debt and equity financing for their inaugural competition scheduled for next year, reported Bloomberg.
Angermayer declined to disclose additional specifics regarding the terms.
In 2023, the Enhanced Games made a high-profile debut, ...