<SEC-DOCUMENT>0001315863-21-000448.txt : 20210517
<SEC-HEADER>0001315863-21-000448.hdr.sgml : 20210517
<ACCEPTANCE-DATETIME>20210517161304
ACCESSION NUMBER:		0001315863-21-000448
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210331
FILED AS OF DATE:		20210517
DATE AS OF CHANGE:		20210517
EFFECTIVENESS DATE:		20210517

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Founders Fund II Management, LLC
		CENTRAL INDEX KEY:			0001695329
		IRS NUMBER:				260649598
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-17900
		FILM NUMBER:		21930720

	BUSINESS ADDRESS:	
		STREET 1:		ONE LETTERMAN DRIVE
		STREET 2:		BUILDING D, 5TH FLOOR
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94129
		BUSINESS PHONE:		4152305948

	MAIL ADDRESS:	
		STREET 1:		ONE LETTERMAN DRIVE
		STREET 2:		BUILDING D, 5TH FLOOR
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94129
</SEC-HEADER>
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          <cik>0001695329</cik>
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      <periodOfReport>03-31-2021</periodOfReport>
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    <coverPage>
      <reportCalendarOrQuarter>03-31-2021</reportCalendarOrQuarter>
      <filingManager>
        <name>Founders Fund II Management, LLC</name>
        <address>
          <com:street1>ONE LETTERMAN DRIVE</com:street1>
          <com:street2>BUILDING D, 5TH FLOOR</com:street2>
          <com:city>SAN FRANCISCO</com:city>
          <com:stateOrCountry>CA</com:stateOrCountry>
          <com:zipCode>94129</com:zipCode>
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      <form13FFileNumber>028-17900</form13FFileNumber>
      <provideInfoForInstruction5>N</provideInfoForInstruction5>
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    <signatureBlock>
      <name>Neil Pai</name>
      <title>General Counsel</title>
      <phone>415.230.5948</phone>
      <signature>/s/ Neil Pai</signature>
      <city>San Francisco</city>
      <stateOrCountry>CA</stateOrCountry>
      <signatureDate>05-17-2021</signatureDate>
    </signatureBlock>
    <summaryPage>
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<TYPE>INFORMATION TABLE
<SEQUENCE>2
<FILENAME>foundersfundtwo1q21.inftab.xml
<DESCRIPTION>FOUNDERS FUND II MANAGEMENT, LLC 13F 1Q 21
<TEXT>
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<informationTable xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><infoTable><nameOfIssuer>PALANTIR TECHNOLOGIES INC</nameOfIssuer><titleOfClass>CL A</titleOfClass><cusip>69608A108</cusip><value>496134</value><shrsOrPrnAmt><sshPrnamt>21302448</sshPrnamt><sshPrnamtType>SH</sshPrnamtType></shrsOrPrnAmt><investmentDiscretion>SOLE</investmentDiscretion><otherManager> </otherManager><votingAuthority><Sole>21302448</Sole><Shared>0</Shared><None>0</None></votingAuthority></infoTable></informationTable>
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