Brian Singerman to Take a Step Back from Founders Fund
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This article covers a personnel change at Founders Fund, a venture capital firm associated with Peter Thiel that has invested in AI and tech companies. It has minimal direct relevance to AI safety research or policy.
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Summary
Longtime Founders Fund partner Brian Singerman announced he is transitioning to partner emeritus after 16+ years at the firm, citing work-life balance. He was notable for investments in SpaceX, Affirm, and Oscar Health. This follows Keith Rabois also departing the firm earlier in 2024.
Key Points
- •Brian Singerman is transitioning from partner to partner emeritus at Founders Fund after 16+ years.
- •He will continue as an investor and strategic advisor for the firm.
- •Singerman was attracted to Founders Fund due to its early SpaceX investment and later backed Affirm and Oscar Health.
- •Keith Rabois also left Founders Fund in January 2024 to join Khosla Ventures, marking notable partner departures.
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In Brief
Posted:
1:53 PM PST · December 3, 2024
Image Credits: Constantine Johnny (opens in a new window) / Getty Images
Margaux MacColl
Brian Singerman to take a step back from Founders Fund
Today, longtime Founders Fund partner Brian Singerman announced on X that he would be taking a step back. He will be transitioning from partner to partner emeritus to get a better “work-life balance,” although he will continue to serve as an “investor and strategic advisor” for the firm.
Singerman has been at Founders Fund for over 16 years. In his goodbye post, he wrote that he was attracted to the firm, which was launched by Peter Thiel in 2005, because it was considering a “literal moonshot” investment in SpaceX. Singerman went on to invest in companies like fintech Affirm, and health insurance company Oscar Health, both of which went public.
Singerman isn’t the only partner to step back from the firm this year. In January, Keith Rabois left Founders Fund to join Khosla Ventures.
Topics
affirm , brian singerman , Founders Fund , In Brief , Peter Thiel , SpaceX , Venture
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