VC Brian Singerman talks about what he looks for and what he avoids Most recently, Founders Fund, had a nice liquidity event for one of its portfolio companies - Powerset, which sold for $100 million to Microsoft. And, it looks like Founders Fund, started by former PayPal executives, will have a pretty good track record for exits when it comes to its current portfolio, which includes Slide, Facebook, Zivity, Quantcast, and now Clickable (with the just-announced $14.5 million round raised). Founders Fund continues to look for new ideas. Last year, it raised $220 million for its second fund. Brian Singerman, a VC at the firm, stopped in to talk about what he and his team are looking for in ideas and entrepreneurs. The firm likes to invest in the "consumer Internet," and be ... [ Read more ]