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

Sabertooth VC founder Justin Ernest deployed nearly $400M into startups like Anthropic, Anduril, and SpaceX using a captive network of LPs instead of a formal fund. The approach bypasses traditional venture fundraising by leveraging existing relationships.

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1 day ago
How Justin Ernest invested nearly $400M into hot startups without a traditional VC fund — AIBriefs