founders fund

  • Peter Thiel taps a principal at Founders Fund for Trump’s transition team

    Peter Thiel taps a principal at Founders Fund for Trump’s transition team

    Peter Thiel is famously loyal to his employees, and vice versa. Many of the dozens of people employed by his venture firm, Founders Fund, once worked for Thiel at his hedge fund, Clarium Capital. He even co-founded a late-stage venture firm, Mithril Capital, with one former Clarium managing director, Ajay Royan. Little wonder then that Thiel is reportedly pulling one principal at Founders… Read More

  • Hubble Contacts raises $7.2 million to deliver disposable lenses direct to consumers

    Hubble Contacts raises $7.2 million to deliver disposable lenses direct to consumers

    At least 30 million people wear contact lenses in the U.S., but somehow, less than one-third of this population wears daily disposable lenses, which are deemed the most hygienic and healthiest option by eye health professionals. A New York City startup called Hubble Contacts, co-founded by Ben Cogan and Jesse Horwitz, wants to make daily disposable lenses the norm here the way they are in most… Read More

  • Postmates confirms $140 million funding round at $600 million valuation

    Postmates confirms $140 million funding round at $600 million valuation

    As we first reported last month, on-demand delivery app Postmates raised additional funding in a round led by Founders Fund, with participation from existing investors. The company is now confirming the total came out to $140 million, giving the Postmates above a $600 million post-money valuation.  Brian Singerman from Founders Fund will be joining the board. Despite Postmates’… Read More

  • Eventbrite cofounder Kevin Hartz joins Founders Fund as partner

    Eventbrite cofounder Kevin Hartz joins Founders Fund as partner

    Serial entrepreneur Kevin Hartz has joined the San Francisco-based early-stage venture fund Founders Fund as a partner, he revealed earlier today in a post on Medium. Hartz was most recently the co-founder and chief executive of event and ticketing startup Eventbrite. He’s the second high-profile hire that Founders Fund has made so far in 2016. Earlier this year, it also brought aboard… Read More

  • Postmates is raising at least $100 million to fuel its on-demand ambitions

    Postmates is raising at least $100 million to fuel its on-demand ambitions

    We’re hearing from sources that Postmates, which is among a few companies that are seen as operating in the difficult on-demand space, is raising at least $100 million in a round led by Founders Fund. Sources stressed that the round has not closed, and that things may change over time. Despite the challenges of working in an on-demand economy — which can sometimes lead to… Read More

  • For the ambitious ed tech company AltSchool, it’s time for phase two

    For the ambitious ed tech company AltSchool, it’s time for phase two

    Much has been written about the ambitions of AltSchool, a San Francisco-based startup that’s aiming to change the way that school children learn. Its big idea, broadly, is that personalized learning is far more effective than the standardized education that most students are stuck with today. As important, personalized learning is scalable, believes AltSchool, which operates seven… Read More

  • Homee raises $5M from Founders Fund and Tinder CEO to help you furnish your place

    Homee raises $5M from Founders Fund and Tinder CEO to help you furnish your place

    Let’s face it, you’re never going to win the HGTV Dream Home. My family has entered the maximum number of times for the last decade and has nothing to show for it. At some point every millennial has to take responsibility for the fact that their bedroom looks like a government records building. Homee is jumping into the conversational commerce trend to keep the design process… Read More

  • Why a Palantir IPO might not be far off

    Why a Palantir IPO might not be far off

    Earlier this week, BuzzFeed got its hands on a stock purchase offer arranged by Palantir for its employees, one that asked current and former employees to agree to a host of stipulations. Among them, the 12-year-old, data analytics outfit asked former employees to renew their non-disclosure agreements, agree not to solicit Palantir employees for 12 months, and promise not to sue the company or… Read More

  • Seaboard RISE maker ROLI raises $27 million in Series B led by Foundry Group

    Seaboard RISE maker ROLI raises $27 million in Series B led by Foundry Group

    I first saw the ROLI Seaboard GRAND backstage at a show during SXSW 2013. Someone had tipped me that some startup was showing off a strange new piano that let the player bend its keys like a guitar string. It was strange and rubbery and fascinating — a silicone piano that made it possible to manipulate keys beyond the standard press. The company has grown a fair deal in the… Read More

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