Brian Singerman steps back from Founders Fund

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Today, longtime Founders Fund partner Brian Singerman It was announced in X It would take a step back. He will move from partner to partner emeritus to have a “better work-life balance,” although he will continue to serve as an “investor and strategic advisor” to the company.

Singerman has been with Founders Fund for more than 16 years. In his farewell letter, he wrote that he was drawn to the company, launched by Peter Thiel in 2005, because it was considering a “real” investment in SpaceX. Singerman has continued to invest in companies such as fintech Affirm and health insurance company Oscar Health, both of which have gone public.

Singerman is not the only partner to back away from the firm this year. In January, Keith Rabois left Founders Fund to join Khosla Ventures.

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