Founders Fund

Founders Fund
Company typeVenture fund
IndustryVenture capital
FoundedJuly 2005
Headquarters
Letterman Digital Arts Center
San Francisco, California, U.S.
Key people
Peter Thiel
Ken Howery
Luke Nosek
Brian Singerman
Cyan Banister
Lauren Gross
Scott Nolan
AUMUS$12 billion (2023)
Websitewww.foundersfund.com

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.[2][3][4] The firm's partners have been founders, early employees and investors at companies including PayPal, Palantir Technologies, Anduril Industries and SpaceX.[5]

  1. ^ "A look inside Founders Fund, as it closes on $5 billion across two new funds". TechCrunch. Retrieved August 2, 2023.
  2. ^ "Thiel's Founders Fund sells remaining Facebook shares". Reuters. Retrieved August 2, 2023.
  3. ^ "Private rocket company SpaceX gets $20M from The Founders Fund". VentureBeat. Retrieved August 2, 2023.
  4. ^ "Palantir Technologies Files to Go Public". The New York Times. Retrieved August 2, 2023.
  5. ^ Brehse, Tami. "The 'PayPal Mafia' formed in the early 2000s, and includes everyone from Elon Musk to the Yelp founders. Here's where the original members have ended up". Business Insider. Retrieved August 12, 2020.