[STARTUPS]■ STORY TIMELINE
ERNEST DEPLOYS $500M WITHOUT TRADITIONAL VC FUND
Justin Ernest, founder of Sabertooth VC, has invested nearly $500 million into startups including Anthropic, Anduril, and SpaceX by leveraging a captive network of limited partners instead of establishing a formal venture fund.
TechCrunch+0m
Instead of spending a year raising a formal venture fund, the Sabertooth VC founder used a captive network of LPs to inv…