How Justin Ernest invested nearly $400M into hot startups without a traditional VC fund

AI-Powered Summary

Generated by callmor.ai's AI to save you time

Summary

Instead of spending a year raising a formal venture fund, the Sabertooth VC founder used a captive network of LPs to invest startups like Anthropic, Anduril, and SpaceX.

Original Source

This article was originally published by TechCrunch AI. Read the full original article for complete details, images, and author commentary.

Read Original Article

Want AI working for your business?

callmor.ai builds AI products that automate your operations 24/7.

Explore AI Products

How Justin Ernest invested nearly $400M into hot startups without a traditional VC fund

Summary

Original Source

Want AI working for your business?

More from TechCrunch AI

Opendoor’s India exit is fueling a bigger conversation about AI and outsourcing

Anthropic’s Dario Amodei has just one direct report

xAI fired an engineer who raised alarms about Grok safety, new lawsuit claims

Fresh off bond sale, Amazon borrows $17.5 billion from banks as AI spending continues

Comments