Source: Hamish Fletcher, NZ Herald. 09-07-2011

Excerpt– Facebook billionaire Peter Thiel is known for picking winners – so it’s
comforting to hear he’s betting on New Zealand.

The country has an entrepreneurial flavour that Thiel finds appealing, and a
business environment that suits him. “There’s a lot of incredibly talented people in New Zealand,” said the American technology investor.

Thiel is also dipping into the New Zealand property market and after buying
in Parnell he is looking at a Queenstown purchase.

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