Goblin House
Goblin House
Question: Investigate Valar Ventures: Search SEC EDGAR for "Search for any Valar Ventures filings from 2020-2024 using all variations of entity name and affiliated entity searches". Would definitively establish whether filing cessation is complete or if activities moved to different entities/structures. Report any findings as factual claims with dates and evidence.
Date: 2026-04-08
Valar Ventures remains operationally active with documented SEC EDGAR filing activity through 2024. The firm successfully raised a $300 million Valar Fund IX according to a May 17, 2024 SEC filing, definitively establishing that filing activities have not ceased. However, this represents a significant downsizing from previous funds: the fund is less than half the size of its predecessor which closed on $665 million in July 2022, and much smaller than the over $863 million raised in late 2021 for fund VII. The firm maintains multiple SEC registrations and continues active investment operations under managing partners Andrew McCormack and James Fitzgerald, though Peter Thiel's current involvement level is unclear and his name hasn't been listed on the firm's website among team partners in many years. Performance data shows mixed results: the firm's 2020 vintage fund is down -2.3% in internal rate of return according to Pennsylvania Public School Employees Retirement System records, though this covers a particularly volatile period in venture capital markets. The entity structure appears unchanged with no evidence of activities moving to different corporate structures - Valar continues operating under its established legal entities including Valar Ventures Management LLC and various fund limited partnerships.