Biology

Investing in the long term

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San Francisco investor Peter A.
Thiel (co-founder of PayPal) is putting $3.5 million into the antiaging research pioneered by TED speaker Aubrey de Grey (see past posts on him). The money will come in annual installments of $500,000 over the next three years for a pilot project, plus matching money for every dollar donated by others to de Grey’s foundation.

It is not known whether there are strings attached to the donation. It seems to us, however, that consistency with the scope of de Grey’s research would have Thiel transfer the money in installments of, say, $10 a day over the next 1000 years.