capitation (kapÂ´ÉtÄÂ´shÉn), n 1. the practice of dentistry financed by a set fee per person per given period of time. A form of contracted dental care, usually by a corporation, institution, or other group.
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Thiel is a founding partner in Founders Fund, a venture capital firm that has raised $3.45 billion since its July 1, 2005, inception date. The fund currently has $2 billion in capital under management and has invested in dozens of companies over time.