The WH announced the President’s intent to nominate venture capitalist and PaPal co-founder Kenneth Howery to be his ambassador to Sweden. Howery and Thiel have worked together for decades.

Instead, the United States has had several temporary managers. President Donald Trump announced plans Tuesday to nominate Founders Fund partner and PayPal co-founder Ken Howery as U.S. ambassador to Sweden, the White House said in a statement. The information you requested is not available at this time, please check back again soon. Howery briefly joined Thiel’s hedge fund Clarium Capital as a vice president and then in 2005, the two men started Founders Fund, which has roughly $3 billion under management and is also known for its investments in Space X, Airbnb Inc. and data mining company Palantir Technologies.

Thiel also engaged in a secret legal campaign against the website Gawker, which culminated in the site’s bankrupcty.

â The broom closet was maybe 10 feet wide,â Howery said.

"Congratulations!

For more than two and a half years, the United States has lacked an ambassador to Sweden.

But before Mr. Howery can start practicing his Swedish, immersing himself in our beloved Fika culture, celebrating every pastry that exists and awkwardly avoiding his neighbor at any cost, the nomination has to be approved and confirmed by the U.S. Senate.

He’s still awaiting his Senate confirmation hearing. Ken Howery, co-founder of PayPal and a close associate of Peter Thiel, has been named President Trump’s pick for ambassador to Sweden, per an …

Already in October 2018, Trump nominated billionaire and Paypal founder Ken Howery as a new ambassador. Nominees for ambassadorships must be confirmed by the U.S. Senate.

The financier and one of the world's richest men, Ken Howery, was appointed almost a year ago by Trump as a new ambassador to Sweden. Photo: Twitter.

He is on Forbes list of the world's richest people.

The WH release a brief bio: Kenneth A. Howery of Texas, to be Ambassador Extraordinary and … Already in October 2018, Trump nominated billionaire and Paypal founder Ken Howery as a new ambassador. They thus tend to be able to represent their country with greater degrees of freedom, the Foreign Ministry's press communicator Rasmus Eljanskog has said in a previous interview. Co-founder of @PayPal, Kenneth Howery, is @POTUS choice to be ambassador to #Sweden.

- A regular ambassador has greater weight as well as better access to the president's ear than an acting one. They thus tend to be able to represent their country with greater degrees of freedom, the Foreign Ministry's press communicator Rasmus Eljanskog has said in a previous interview.

Howery was asked by the US Senate last week and was approved in principle by its Foreign Affairs Committee on Wednesday. - A regular ambassador has greater weight as well as better access to the president's ear than an acting one. Thiel was a member of Trump’s transition team and has been a vocal supporter and financial backer of the president. The US Embassy in Sweden looks forward to welcoming you to Sweden soon, ”the embassy writes on its Twitter.

The US Embassy in Sweden looks forward to welcoming you to Sweden soon, ”the embassy writes on its Twitter. Mr. Trump announced earlier this week that he plans on nominating Ken Howery as the ambassador to Sweden. Howery looks to be out the door soon, too. - A regular ambassador has greater weight as well as better access to the president's ear than an acting one. newsletter. To contact the reporters on this story: Mike Dorning in Washington at mdorning@bloomberg.net;Lizette Chapman in San Francisco at lchapman19@bloomberg.net, To contact the editors responsible for this story: Alex Wayne at awayne3@bloomberg.net, Mike Dorning, John Harney, {{data.symbol | reutersRICLabelFormat:group.RICS}}, {{ stock | formatPrefix }}{{ stock.netChng | formatNetChange }}. In October, Donald Trump nominated him to become the U.S. ambassador to Sweden. Those has come at some cost to Thiel, with Y Combinator publicly cutting ties with Thiel in 2017, although he remains an influential board member at Facebook. pic.twitter.com/XeZERPYceB.

Businessman Ken Howery as Donald Trump nominated as new ambassador. Trump has nominated billionaire and Paypal founder Ken Howery as the new ambassador in October 2018.

He is on Forbes list of the world's richest, but only on Tuesday was he approved by the Senate. He is on Forbes list of the world's richest, but only on Tuesday was he approved by the Senate. He is on Forbes list of the world's richest, but only on Tuesday was he approved by the Senate. (Bloomberg) -- President Donald Trump announced plans Tuesday to nominate Founders Fund partner and PayPal co-founder Ken Howery as U.S. ambassador to Sweden, the White House said in a statement.

Following the inauguration, Thiel has served as a counsel for the president on technology-related issues, and put together a panel for him including some of the most prominent tech executives in the country. Thiel was one of the most prominent Silicon Valley to publicly support Donald Trump in the 2016 election cycle, even giving a speech at the Republican National Convention in support of the candidate.



— The following profile is an abbreviated version of Venture Capital Journal contributor Deborah Gage’s piece for the the VCJ’s series on “Hot Prospects” within the venture capital industry.

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