
Industry
Justin Ernest invested $400M into top startups without a VC fund
Justin Ernest deployed nearly $400 million into high-profile startups like Anthropic, Anduril, and SpaceX over the past year without launching a traditional venture fund. Instead, he used special purpose vehicles (SPVs) to offer family offices and smaller institutions access to coveted later-stage allocations. His firm Sabertooth VC has already scored a major exit from chipmaker Groq, acquired by Nvidia for $20 billion.
Jun 94 minNeura News