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

[nyheder]

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.

Source: https://techcrunch.com/2026/06/09/how-j ... l-vc-fund/