Founders Fund news and trends

Billionaire Investor Peter Thiel Reduces His Facebook Shares To $2M
Facebook // February 10, 2020

Early Facebook investor Peter Thiel once had 45 million shares in social media company Facebook, but he recently let go of most of them, and now he’s left with a comparatively paltry $2 million, according to a report by Bloomberg. Thiel is a part of...

Thiel’s $3B Fund Looks To Inject Cash Into Private Tech Cos
Investments // October 21, 2019

Billionaire investor Peter Thiel, who wrote Facebook its first check and invested heavily in SpaceX, is looking to raise almost $3 billion to invest in late-stage startups that have yet to go public. The Wall Street Journal is reporting that Theil’s venture capital firm, Founders...

Bitcoin Trading Startup Tagomi Gets Backing From Founders Fund
Cryptocurrency // May 02, 2018

Tagomi Systems, the startup that wants to bring its expertise in electronic trading to the bitcoin market, has gotten venture backing from Founders Fund, the venture capital fund owned by billionaire Peter Thiel. The Wall Street Journal, citing people familiar with the situation, reported Founders...

Affirm Confirms $200M Investment Round
Merchant Innovation // December 11, 2017

Financial services company Affirm announced Monday it has raised $200 million in Series E funding from a consortium of investors led by global investment firm GIC Private Limited. In a press release, Affirm said funding to date comes to approximately $450 million. In the latest...

Quick Reads
Ondo Finance Takes in $20M in Series A to Develop ‘Decentralize Investment Bank’

April 27, 2022
Ondo Finance has raised $20 million in a Series A funding round designed to support its project of “building a decentralized investment bank,” the company said in a news release Wednesday (April 27). The round was led by Peter Thiel’s Founders Fund and Pantera Capital, and will let Ondo expand its team and support product […]

Billionaire Investor Peter Thiel Reduces His Facebook Shares To $2M

February 10, 2020
Early Facebook investor Peter Thiel once had 45 million shares in social media company Facebook, but he recently let go of most of them, and now he’s left with a...

Thiel’s $3B Fund Looks To Inject Cash Into Private Tech Cos

October 21, 2019
Billionaire investor Peter Thiel, who wrote Facebook its first check and invested heavily in SpaceX, is looking to raise almost $3 billion to invest in late-stage startups that have yet...

Bitcoin Trading Startup Tagomi Gets Backing From Founders Fund

May 02, 2018
Tagomi Systems, the startup that wants to bring its expertise in electronic trading to the bitcoin market, has gotten venture backing from Founders Fund, the venture capital fund owned by...