Founders Fund Raises $6 Billion to Invest in Later-Stage Startups

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Founders Fund raised $6 billion for its fourth growth-stage fund, its largest yet, with $4.5 billion from LPs, less than a year after closing a $4.6 billion growth fund.

Categories: Money & Moves

Excerpt

<p>Founders Fund has raised $6 billion for its fourth growth-stage fund, according to a person with knowledge of the efforts. The fundraise comes less than a year after the firm raised its third growth fund, of $4.6 billion.</p> <p>Some $4.5 billion of the new fund comes from the firm’s limited partners, ...</p>