#foundersfund

  1. Inside two 'PayPal Mafia' members’ plans to turn PayPal's meteoric rise and internal drama into a Hollywood movie 

    By Jessica Mathews Silicon Valley sells in Hollywood. In the last decade, there’s been a whole roster of motion pictures or limited series about tech companies that have appeared on the big screen: From WeWork and Theranos to Uber and Facebook. One of the storylines you can expect
  2. Houthis Ruin Christmas

    By Liz Wolfe You've heard of the Grinch, but what about the Houthis? Yemeni Houthis, who are backed by Iran, have been targeting massive ships in the Red Sea with drones and missiles since the October 7 Hamas attack on Israel. Now, a bunch of shipping companies like Maersk —which h
  3. Llama raises $6 million seed round to build out smart contract management system

    By Marco Quiroz-Gutierrez Llama , a platform for on-chain access control and governance, announced on Monday that it's raised $6 million from a group of investors including Founders Fund and Electric Capital. Founded in 2021 by Shreyas Hariharan and Austin Green, the company is bett
  4. Peter Thiel launched a student newspaper 36 years ago. It has quietly become one of the surest paths to success in Silicon Valley

    By Jessica Mathews In January 2000, a young Stanford University student named Paul Martin walked into the office of a fledgling tech company called Confinity on University Avenue in Palo Alto. He was there to see Peter Thiel about an internship. Thiel, who had yet to become a renow
  5. Mendaera Announces $24M Series A and Expansion Into Production Facility

    By Chris McKay Medical technology startup Mendaera has raised $24 million in Series A funding, spotlighting their ambitions to reshape medical interventions with pioneering technology. The financing round was led by Lux Capital, with contributions from Founders Fund, Operator Partn
  6. Elon Musk-Backed Brain Chip Company Neuralink Gets $280 Million In Funding From Peter Thiel-Backed Fund

    By Chris Katje Best known as the CEO of Tesla , Elon Musk also wears many other hats with titles of co-founder, owner and CEO pertaining to SpaceX, The Boring Company, Neuralink and social media platform X, formerly known as Twitter . One of the companies co-founded by Musk recently