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A peek inside Founders Fund, as it closes on $5 billion across two new funds – TechCrunch

Founders Fund has garnered a lot of money from investors; it has also returned quite a bit of capital. A lot of the action on both fronts has happened very recently. Yesterday, the 17-year-old outfit took the wraps off more than $5 billion in fresh capital commitments across two new funds — a $1.9 billion […]
United States San Francisco Keith Rabois Brian Singerman Peter Thiel Lauren Gross

Silicon Valley Venture Capitalists Are at the Front Lines of California Recall Efforts

From left: Chesa Boudin, District Attorney of San Francisco; Gavin Newsom, governor of California; David Sacks; Cyan Banister; and Chamath Palihapitiya. San Francisco Chronicle via Getty Images; Justin Sullivan/Getty; iStock; Steve Jennings/Getty; Kimberly White/Getty; Michael Kovac/Getty; Skye Gould/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Ventur...
United States University Of Southern California Loyola Law School San Francisco Hanako Abe Troy Mcalister

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Anduril buys tube-launched drone-developer Area-I

Anduril buys tube-launched drone-developer Area-I 1 hour ago An Area-I Agile-Launched, Tube-Integrated, Unmanned System, or ALTIUS, is launched from a UH-60 Black Hawk at Yuma Proving Ground, Arizona, March 4, where the U.S. Army Combat Capabilities Development Command Aviation & Missile Center led a demonstration that highlighted the forward air launch of the ALTIUS. (Photo courtesy of Yuma Proving Ground) WASHINGTON โ€” Anduril Industries, a venture-backed defense technology company, has ...
United States Ken Howery Brian Singerman Palmer Luckey Brian Schimpf Peter Thiel

Nerd Street Gamers Closes $11.5M Additional Funding Led By Venture Capital Giant Founders Fund

Nerd Street Gamers Closes $11.5M Additional Funding Led By Venture Capital Giant Founders Fund Share Article Early investors of Facebook, Airbnb, SpaceX and more, Founders Fund invests in Nerd Streetโ€™s vision and will accelerate companyโ€™s rapid growth. "Within minutes of meeting Brian, it was clear that he was profoundly aligned with our vision and mission. Backing us during the uncertainty of a global pandemic is a testament to Brians bold foresight and an incredible validation for our ent...
United States Los Angeles Brian Singerman George Miller John Fazio Comcast Spectacor
Source: prweb.com

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