Facebook Backer Peter Thiel Eyes $1 Billion for Startups

New York Post: Peter Thiel has raised yet another billion-dollar tech fund. The Silicon Valley maverick — an early Facebook investor — will launch his venture firm’s sixth fund as soon as this week. Thiel’s decade-old Founders Fund has secured commitments of more than $1 billion for its latest fund, possibly bigger than the firm’s fifth fund that was launched in 2014.