newsJune 9, 2026·TechCrunch AI
How Justin Ernest invested nearly $500M into hot startups without a traditional VC fund
Instead of spending a year raising a formal venture fund, the Sabertooth VC founder used a captive network of LPs to invest in startups like Anthropic, Anduril, and SpaceX.
Instead of spending a year raising a formal venture fund, the Sabertooth VC founder used a captive network of LPs to invest in startups like Anthropic, Anduril, and SpaceX.
Key Takeaways
- •Instead of spending a year raising a formal venture fund, the Sabertooth VC founder used a captive network of LPs to invest in startups like Anthropic, Anduril, and SpaceX.
- •This story was reported by TechCrunch AI, covering developments in the news space.
- •AI advancements continue to reshape industries — read the full article on TechCrunch AI for complete coverage.
📖 Continue reading the full article:
Read Full Article on TechCrunch AI →
