Founders Fund
Founders Fund invests in transformative technologies across various sectors
About
Founders Fund is a San Francisco-based venture capital firm established in 2005 by Peter Thiel, Ken Howery, and Luke Nosek, all former PayPal executives. The firm manages approximately $17 billion in assets as of 2025. It has been the first institutional investor in companies like SpaceX and Palantir Technologies and an early investor in Facebook. The firm's partners have backgrounds in founding, early employment, and investing in companies such as PayPal, Palantir Technologies, Anduril Industries, and SpaceX. Founders Fund's investment strategy spans various stages, from seed to growth, focusing on sectors including aerospace, artificial intelligence, advanced computing, energy, health, and consumer internet. Notable portfolio companies include Airbnb, Anduril Industries, DeepMind, Rippling, Facebook, Ramp, Palantir Technologies, Pudgy Penguins, SpaceX, Spotify, Stripe, Neuralink, and Nubank. The firm is known for its contrarian investment thesis, prioritizing companies that aim to build monopolies through significant technological breakthroughs rather than incremental market improvements. The firm's headquarters are located at the Letterman Digital Arts Center in San Francisco, California.