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The shares of ETHZilla Corp (ETHZ) experienced considerable downward pressure during pre-market trading on Wednesday, prompted by the revelation that renowned billionaire investor Peter Thiel, along with his venture capital firm, Founders Fund, have entirely divested their holdings in the company. This significant development, which has been dubbed the Thiel exodus, involves Founders Fund completely liquidating its stake in ETHZilla, marking a substantial shift in the investment landscape for the company. The news of this exit has sent ripples through the market, with ETHZilla Corp (ETHZ) shares facing intense selling pressure as investors and traders alike react to the sudden loss of backing from such a high-profile and influential investor as Peter Thiel and his esteemed venture firm. The complete liquidation of Founders Fund’s position in ETHZilla Corp (ETHZ) is a notable event, given the stature and investment acumen of Peter Thiel, who is widely recognized for his successful ventures and investments, including his early support for PayPal and Facebook. The decision by Founders Fund to exit its stake entirely suggests a reevaluation of ETHZilla’s potential for growth and returns, which could have far-reaching implications for the company’s ability to attract and retain investors in the future. As the news …<\/p>","protected":false},"author":1,"featured_media":1653,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[38,37],"tags":[],"class_list":["post-1654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/posts\/1654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/comments?post=1654"}],"version-history":[{"count":0,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/posts\/1654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/media\/1653"}],"wp:attachment":[{"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/media?parent=1654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/categories?post=1654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/tags?post=1654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}