https://techcrunch.com/2021/04/27/founders-circle-capital-has-raised-a-new-355-million-fund-to-buy-secondary-startup-shares/ > Founders Circle Capital, a nine-year-old, San Francisco-based investment firm that strikes agreements with private, venture-backed companies to buy some of the vested stock options of their founders and employees — so they can buy a house or just breathe a bit more easily —  has closed its newest fund with $355 million in capital commitments, bringing the firm’s total assets under management to nearly $1 billion. > Not surprisingly, the outfit, which has more competition than ever — both by other secondary investment firms, aggressive outfits like Tiger Global that routinely acquire secondary stakes in companies,  as well as special purpose acquisition companies that are taking companies public a lot faster and alleviating the need of early shareholders to cash out via private sales — is also introducing a new twist to its business.