The Founders Fund is a San Francisco, California venture capital firm that has led several early stage funding rounds for well known Web 2.0 start-up companies.
History
The firm was organized by Managing Partners Peter Thiel, Luke Nosek, and Ken Howery in early 2005, and raised its first fund of $50 million from individual entrepreneurs and angel investors in July of that year. In 2006, Sean Parker, co-founder of Napster and Facebook, joined as managing partner.[1] In 2007 the firm raised a new fund of $220 million.[2]
Team
The firm is made up of the following Partners:
Portfolio
The Founders Fund has made investments in 23 companies as of December, 2007.[2] Among them are Engage.com, Facebook.com, Geni.com, IronPort, jaxtr, koders, Ooma, Powerset.com, Quantcast, Rapleaf, slide.com, and SmartDrive Systems.
On August 4, 2008 SpaceX announced that they had received $20 million in equity investments from The Founders Fund [3
References
- 3. SpaceX announcement
External links
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