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Founders Fund is an American venture capital fund formed in 2005 and based in San Francisco. The fund has roughly $12 billion in total assets under management as of 2023. [ 1 ] Founders Fund was the first institutional investor in Space Exploration Technologies ( SpaceX ) and Palantir Technologies , and an early investor in Facebook .
Peter Andreas Thiel (/ t iː l /; born 11 October 1967) is an American entrepreneur, venture capitalist, and political activist. [1] [2] [3] A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook.
Founders Fund, known for its early bets in companies such as SpaceX and Meta, now has over $12 billion in assets under management. It hired Joey Krug as partner in April 2023 to focus on crypto ...
Founders Fund has garnered a lot of money from investors; it has also returned quite a bit of capital. Yesterday, the 17-year-old outfit took the wraps off more than $5 billion in fresh capital ...
On August 4, 2008, SpaceX accepted a further $20 million investment from Founders Fund. [15] In early 2012, approximately two-thirds of the company was owned by its founder [16] and his 70 million shares were then estimated to be worth $875 million on private markets, [17] which roughly valued SpaceX at $1.3 billion as of February 2012. [18]
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Founder of iGoogle Brian Singerman (born 1976 or 1977 [ 1 ] ) is an American venture capitalist and businessman. He is a partner emeritus at Founders Fund , a San Francisco-based venture capital firm with over $11 billion under management.
Blockchain technology start-up Avail said on Monday it had raised $27 million for its early-stage funding round led by billionaire Peter Thiel's Founders Fund and crypto investment firm Dragonfly ...