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.
Justin Ernest, founder of Sabertooth VC, has deployed close to $500 million into rapidly growing startups. Rather than undertaking a lengthy process to establish a traditional venture capital fund, Ernest leveraged a pre-existing network of limited partners. This approach allowed for swift investment in prominent companies such as AI firm Anthropic, defense technology company Anduril, and aerospace manufacturer SpaceX.
This innovative funding model bypasses traditional venture capital timelines, potentially accelerating capital deployment to promising startups.
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