AITechCrunch4 days ago
Justin Ernest invested $400M via SPVs not a VC fund
1 min read
Justin Ernest invested nearly $400 million into 10 companies including Anthropic, Anduril, and SpaceX through Special Purpose Vehicles instead of a traditional VC fund. His firm Sabertooth VC offers individual later-stage deals to about 30 smaller institutional investors using single-deal SPVs.
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