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Seed through growth \u00b7 San Francisco

Founders Fund pitch deck — what they look for.

Contrarian fund founded by Peter Thiel; backs hard tech and platform shifts.

PalantirSpaceXStripeAirbnbAnduril

What Founders Fund actually looks for

  • A contrarian thesis the firm can underwrite — "what important truth do few people agree with you on?"

  • Founder mission + product ambition that justify a 10x+ fund return.

  • Capital intensity is fine if the moat at scale is durable (deep tech, defense, fintech rails).

How to format the deck for Founders Fund

  1. 1

    Open with the contrarian thesis explicitly — don’t bury it on slide 4.

  2. 2

    Skip the "competition matrix" and write a paragraph on why the incumbents are structurally unable to do what you’re doing.

  3. 3

    Founders Fund partners regularly publish anti-deck guidance — the principal’s memo / FAQ format works as well as a slide deck.

Source: foundersfund.com/the-future

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