Peter Thiel’s Founders Fund is finalizing its fourth growth fund, drawing $6 billion in commitments and exceeding prior fund levels within a year.
Peter Thiel’s Founders Fund is closing its fourth growth fund with $6 billion in commitments, including $1.5 billion from its partners. Investor demand exceeded capacity. The previous fund, totaling $4.6 billion, closed less than a year ago, and this new fund reflects continued confidence in technology and blockchain ventures.