◉ PSYCHOHISTORY

Founders Fund

artifact
Peter Thiel's venture fund openly says its goal is to build monopolies, and puts nearly a billion of his own money behind it.
Who they are

Founders Fund, a venture-capital firm with $17 billion under management.

What they do

The engine describes it as a fund whose stated aim is architecting monopolies.

How it works

Peter Thiel has $920 million of his own money in it (27% of a single fund). Its 2025 Growth III fund raised $4.6 billion, putting about $460 million into 10 companies, and its investor network includes Coinbase Ventures, Pantera, and a16z.

Why it matters

It's a major vehicle for concentrating tech power by deliberately backing companies aiming to dominate their markets.

The engine's record — word for word
$17B AUM. Thiel $920M personal (27% of single fund). Growth III $4.6B (2025). ~$460M into 10 companies. Architecting monopolies. LP network: Coinbase Ventures, Pantera, a16z.
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