Founders Fund managing partner Sean Parker at the TechFellow Awards "We’d hope to deploy somewhere between $6 million and $7 million in the eventual companies that come out of the process," said Sean Parker, Managing Partner, at Founders Fund, at the recent TechFellow Awards held at the California Academy of Sciences in San Francisco.Parker was referring to a new annual investment program, called the TechFellows Awards, backed by Founders Fund. The event, which was produced by TechCrunch, attracted a solid group of high-caliber innovators, many of whom received inaugural TechFellow awards. The 22 fellows were recognized for their ability to "make innovation happen." They receive $25,000 to either invest in their own idea or to invest in another startup. As part of the program, the Founders Fund will have the right ...   [ Read more ]