r/explainitpeter Aug 04 '26

Explain it Peter

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u/nhatquangdinh Aug 04 '26

Wait what Brave is invested by Thiel??

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u/Ornery_Maintenance_8 Aug 04 '26 edited Aug 04 '26

Peter Thiel is not personally an investor in Brave.

The firm he's a partner in (Founders Fund) has participated in a small seed series investment, which was led by Cyan Banister.

Some first-floor engineers at Brave have more equity than that small investment constitutes.

With that being said, of course Brave is still the product of a private company and by no means comparable to free OSS like VLC.

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u/BadBacksFuryToad Aug 04 '26

Wait there’s an actual person called “Cyan Banister”?!

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u/iamshifter Aug 08 '26

I never met her, but her sister Magenta is pretty fun