Founders Fund's COO on how she raised $1.5 billion for the growth fund - Business Insider

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With the firm's first-ever growth fund, she had to convince outside investors to put their trust in a new strategy. The growth fund is focused on concentrating capital into its most successful portfolio companies.Lauren Gross, the chief operating officer at Founders Fund, knows it better than most. A former investment banker, Gross, who is also the sole female partner at Founders Fund, leads all of the firm's non-investing activities fom finance to legal. She met Peter Thiel, the firm's cofounder, at a cocktail party more than a decade ago and worked at his hedge fund as head of fundraising before moving over in 2010.A new strategy at Founders Fund

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