Founders Fund is a venture capital firm built around Peter Thiel's contrarian philosophy that seeks to fund "flying cars, not 140 characters" and hard scientific breakthroughs rather than incremental apps, positioning itself as an institutionalization of that worldview that systematically hunts for companies that can become category-defining monopolies in markets others ignore. The firm is "founder-maximalist" and has never removed a single founder as CEO, unlike conventional VCs who remove roughly half of founders within three years, while also rejecting standard venture bureaucracy like traditional Monday partner meetings in favor of faster, more independent decision-making.