POPA ReconFounders Fund raised $6B - Thiel's Largest-Ever Haul
Founders Fund raised $6B - Thiel's Largest-Ever Haul Peter Thiel's Founders Fund has closed a record $6B late-stage fund - the largest in the firm's two-decade history. $4.5B came from limited partners (including sovereign wealth funds), and $1.5B from Thiel and senior staff personally, a quarter of the fund coming from insiders, signalling unusually high internal conviction. The fund's predecessor ($4.6B) backed just 7 companies with average checks around $600M, including a $1.25B bet on Anthropic at a $350B valuation and a $1B investment in Anduril. This new vehicle will deploy across ro…
The excerpt is quoted from a public Telegram channel, which owns its text.
Read the original post on Telegram
More posts from Top 7 | Tech, AI & Crypto Analytics · All channels