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Peter Thiel invested in Alexander Liegl and Layer1 - Business Insider

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Liegl, originally from Germany, told Business Insider in an interview that he left his home country because he didn't want to be 'boxed into a career at 18.'

, a bitcoin-mining startup that raised $50 million in Series A funding from Peter Thiel and Shasta Ventures in 2019.

In 2018, Liegl pitched an idea for an activist hedge fund for cryptocurrencies to Jack Selby, a member of the PayPal mafia and the managing director of Thiel Capital. Liegl told Business Insider that, in their initial meeting in 2018 in Thiel's San Francisco office, Peter Thiel offered to invest in Layer1 immediately and canceled his next meeting so that the two could keep chatting.When he was a Stanford student, Alexander Liegl hopped from economics to physics to computer science before he decided to double major in applied math and philosophy.

"I see myself as a fox, rather than a hedgehog," Liegl said. "I like chasing lots of little ideas, not one big one."

 

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