Founders Fund raises new fund, aims for more VC disruption
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The Founders Fund, a maverick venture firm run by veteran entrepreneurs, has just raised a new fund of $220 million.
The firm will invest money from the fund, officially called Founders Fund II, in 15 to 20 early-stage startups.
The San Francisco firm has made a point of giving power to entrepreneurs in ways that many competing firms don’t. In its view, this focus is fixing the venture business model.
Specifically, it will continue... Continue Reading