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E10: No Process, High Conviction — The Iconoclastic Founders Fund DNA

"Turpentine VC" | Venture Capital and Investing

CHAPTER

Governance and Decision-Making at Founders Fund

This chapter focuses on the governance and decision-making structure at Founders Fund, discussing how decisions are made, the role of the CEO, and the importance of consensus and avoiding strong vetoes. They also highlight their unique approach to investing and compare it to that of YC.

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