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TechFlow News, March 10: According to a TechCrunch report, Founders Fund—the venture capital firm co-founded by PayPal co-founder Peter Thiel—is set to close fundraising for its fourth growth fund, Founders Fund Growth IV, with total capital commitments reaching $6 billion. According to sources familiar with the matter, external investor demand exceeded the fund’s capacity, with approximately $1.5 billion coming from Founders Fund partners.
According to TechCrunch, Founders Fund—the venture capital firm founded by PayPal co-founder Peter Thiel—is set to close fundraising for its fourth growth fund, Founders Fund Growth IV, with total capital commitments reaching $6 billion. Sources familiar with the matter said external investor demand exceeded the fund’s capacity, with approximately $1.5 billion coming from Founders Fund partners.
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