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Look, the story of Founders Fund's fourth growth fund is quite interesting. Peter Thiel's team is about to close the fund with a commitment of approximately $60 billion, and I hear that the partners are also contributing significantly — around $15 billion just from the partners alone.
The interesting part is that the demand from outside investors exceeds the fund's capacity. In other words, not everyone is able to get in. To compare, their third growth fund was $46 billion, and that was mainly for providing extra rounds in late-stage companies.
Now, the fourth fund is so large that it's a big step even for the partners. Do you think such large funding will bring any changes to the market?