What is Founders Fund And What Is Its Relation To Bitcoin?
Founders Fund is a venture capital fund, which was created in 2005 by Peter Thiel. The fund's other partners are Sean Parker, Ken Howery, and Luke Nosek
Founders Fund purchased $15-20M worth of Bitcoin in 2017. In 2018 the value of holdings reached hundreds of millions of dollars due to the crypto boom
The firms in which Founders Fund has invested include big firms like SpaceX, Spotify, Airbnb, DeepMind, Facebook, Neuralink, and Nubank