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by crypto420_69 1419 days ago
> He doesn't seem to have invested anything in "atoms" at all

What are you talking about?

Just from their website (https://foundersfund.com/portfolio/) Founders Fund invested in SpaceX, Anduril, Varda Space, DeepMind, Synthego, 8Sleep, Oculus and ScaleAI, every single of which are deep tech startups.

Hell, the only other VC that have kept pace with that level of 'Atoms' investing is Khosla Ventures and Lux Capital.
1 comments
dalbasal 1418 days ago
Scale. How much, relative to the whole is (a) Thiel's contribution to this fund (b) the portion of the fund's investments which live up to above ideals.

Also.. IDK that even the best are examples of investments living up to the ideals Thiel projects.

Oculus is/was interesting, sure. It's hardware, but still pretty far from factories ports and "atoms". It also flipped to FB and is now a foundation stone for the Meta project.

Besides, "friends with Elon" there's not much there there.

I'm not saying he's a bad investor or that these are bad companies, but it's all pretty standard fare. Potential for fire "moat" in emerging industry, and minimal need for hard capital investment by the primary growth phase. He's trying to get a piece of the next Zuck. That's all.

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