Home PayPal Reunion: Dave McClure Joins Founders Fund

PayPal Reunion: Dave McClure Joins Founders Fund

Startup aficionado Dave McClure has formally joined VC firm the Founders Fund as an angel investor, according to an update he made to his LinkedIn profile this week. The Founders Fund was created by former PayPal CEO Peter Thiel in 2005 and is described by author Sarah Lacy as having an ethos “rooted in giving founders better terms and getting out of their way.”

Founders Fund has invested in some of the most high profile startups in the market, including Facebook and Slide.com. We covered the move in depth over on Jobwire, our site reporting on new hires in tech.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.