Founders Fund raises $5B+ in two new funds across early and late-stage investing, increasing the assets under its management to $11B (Katie Roof/Bloomberg)

Katie Roof / Bloomberg:
Founders Fund raises $5B+ in two new funds across early and late-stage investing, increasing the assets under its management to $11B  —  Founders Fund said that it has closed more than $5 billion in two new funds across both early and late-stage investing, increasing the assets under its management to $11 billion.