Founders Fund Closes $6 Billion Fundraise, Largest in Its 20-Year History

GateNews

According to Bloomberg, Founders Fund, the venture capital firm backed by Peter Thiel, completed a $6 billion fundraise on May 3 for late-stage company investments, marking the largest fund in the firm’s 20-year history. Of the total, $4.5 billion came from limited partners including sovereign wealth funds, while the remaining $1.5 billion was contributed by Founders Fund’s senior management and employees, including Thiel himself.

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