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Peter Thiel, Facebook’s angel investor and board member — and top entrepreneur and hedge-fund manager — said today that Facebook is one of the “least overvalued or most undervalued” tech companies. And what is the valuation? Around $30 billion, he said.
Speaking at the TechCrunch Disrupt conference happening this week in San Francisco, he spoke more broadly about the state of technology and investing. A staunch libertarian futurist, he encouraged Silicon Valley to invest in technologies that can make the world a better place in the coming decades, noting that median wages had stagnated in the US for the last 37 years.