What Happened at Mithril When Peter Thiel Wasn’t Around

The venture firm’s managing director has come under fire for alleged mismanagement and investing timidity

Bloomberg
Bloomberg
Nov 8 · 12 min read
Photo: John Lamparski/Getty Images

By Lizette Chapman

When Ajay Royan started Mithril Capital in 2012 at the age of 32, he’d never worked at a venture firm or managed a team. Hailing from a modest…

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