Analyzing Founders Fund's Crypto Portfolio

Founders Fund is a San Francisco-based venture capital firm founded in 2005. The firm, founded by Peter Thiel, Luke Nosek, Sean Parker, and Ken Howery, invests across many sectors such as Aerospace, Biotech, Artificial Intelligence, Energy, and the Internet. Founders Fund reportedly has $11 billion in AUM after the latest $5 billion raise conducted across two growth funds. Some of the more famous companies on Founders Fund’s portfolio include PayPal, Google, AirBnB, and SpaceX.

Crypto and Blockchain companies have also received attention from the firm’s partners - 42 of them, to be exact. The fund’s involvement in the crypto venture capital sector increased as the crypto sector gained more institutional and retail sector attention in 2018 and 2021.