Founders Fund bought $200 million worth of cryptocurrencies last year According to Foresight News, Founders Fund, a venture capital firm founded by PayPal co-founder Peter Thiel, bought $200 million worth of cryptocurrencies between late summer and early fall last year. Half of the investment was made in Bitcoin and the other half in Ethereum. Sources claimed that when Founders Fund purchased Bitcoin last summer, the average price was below $30,000. #Write2Earn