The Latest Breaking News from Founders Fund

NFL star Saquon Barkley won a Super Bowl and the Offensive MVP award last season, which came after making a move from the New York Giants to Philadelphia Eagles. Along with success on the field, Barkley is winning off the field with his investment strategy.

The six-year-old company is rebuilding corporate credit cards and expense reports with funding from Founders Fund, Iconiq, and Khosla Ventures.

Palmer Luckey is making another big bet: this time, not in virtual reality or military defense, but digital finance. The Anduril CEO and Oculus founder has launched Erebor, a digital bank that already holds a valuation of $2 billion as it raises at least $225 million in funding, Business Insider…

Venture capitalist Peter Thiel wielded significant influence over prominent tech leaders, including Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk at critical junctures in their careers, according to a researcher tracking Founders Fund‘s broader impact on Silicon Valley.

Defense tech billionaire Palmer Luckey is spearheading the launch of Erebor, a digital-only bank targeting startups, cryptocurrency businesses, and defense contractors left underserved after Silicon Valley Bank‘s collapse in March 2023.

Peter Thiel’s Founders Fund wrote its largest check ever into the company.

Vice President J.D. Vance and Elon Musk are among Thiel's Silicon Valley collaborators that now find themselves in Trump's D.C. circle.

Lava has raised $10 million in funding led by Khosla and Founders.

With David Sacks as “AI and crypto czar” and Elon Musk as co-head of the DOGE, Peter Thiel’s network has become closely tied to the new Trump administration.