Form D · Venture Capital Fund

Founders Fund III Principals Fund, LP

San Francisco, CA · CIK 0001496625

Offering snapshot reported Jul 20, 2010 · SEC filing

Reported sold
$58.8M
Offering amount: $58.8M
Investors reported
4
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Apr 30, 2010
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jul 20, 2010Initial$58,814,703No comparison4SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06, 3C, 3C.1
Duration over one year
No
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-145233

Source: Form D, filed Jul 20, 2010. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

THE FOUNDERS FUND III PRINCIPALS FUND, LP

Investment adviser: FOUNDERS FUND LLC

Gross asset value
$747M
Beneficial owners
5
ADV minimum commitment
$350K

Reported in Form ADV on Mar 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED JERSEY CITY, New Jersey, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

Filing source

Form ADV 2073663 · Mar 30, 2026 · Schedule D 7.B.(1), fund 805-4695356117

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Ken Howery Promoter
Luke Nosek Promoter
Sean Parker Promoter
Peter Thiel Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O The Founders Fund Iii Management Llc One Letterman Dr, Bldg C, Ste 420
San Francisco, CA, 94129