Thursday Mar 6
Funding Daily: March 6, 2014
Get all the tech funding news of the day delivered straight to your mailbox! Sign up for Funding Daily and never miss a deal.
Thursday Mar 6
Sean Parker formally leaves Founders Fund
Sean Parker is no longer making new investments on behalf of Founders Fund, a San Francisco-based venture capital firm that yesterday announced that it has raised $1 billion for its sixth fund.
Wall Street Journal
Founders Fund Raises $1 Billion for New Venture-Capital Fund
The new vehicle is quite a step up from the $50 million the firm raised when it was founded in 2005 by Peter Thiel and Ken Howery, both formerly top executives at PayPal.
Founders Fund raises a big $1B fund to plunk into startups
It's packing $1 billion, according to a press release that came out today. That's quite a large amount, considering that the most recent fund came out to $625 million and that, since starting in 2005, Founders Fund had raised $1.15 billion across four funds.
Hire an expert without the hefty consultant's fee
If you ever feel as if the demands of your job and your industry are moving too fast to keep on top and maintain your sanity, you're not alone.
Peter Thiel's Newest Obsession: Nanotechnology.
After all, Thiel has got a pretty awesome batting average. He was the first outside investor in Facebook and co-founded both the online payment system PayPal and the big data analytics company Palantir.
SV Angel-Backed Benchling Is Modernizing Software For Biotech Labs
There are a handful of San Francisco-based startups that cross the bridge between the worlds of biotechnology and computer science.