We’re live from the Madrone Studios in San Francisco for our third ever PandoMonthly event. We’re lucky enough to have Peter Thiel as our guest tonight, joining Sarah Lacy on stage for a Fireside chat on the state of the Valley, the early days of PayPal and Facebook, and everything in between.

Couldn’t make it out to San Francisco? Couldn’t get a ticket before they sold out? Don’t worry: We’ve got you covered. Check out our live video stream below.

Update: Show’s over! See below for the full replay!

Our live notes: