The Jake Paul, Geoffrey Woo venture capital firm is generating and distributing industry-leading returns despite a volatile market.
MIAMI--(BUSINESS WIRE)--#AI--Anti Fund, the unconventional one-year-old venture capital fund from boxer and entertainer Jake Paul and serial entrepreneur Geoffrey Woo, is marking its early success with its first-ever website, launching July 5th. AntiFund.vc will be the digital headquarters for Anti Fund, where its portfolio founders and extended community can learn about and get more involved in building the technology companies of the future.
As of May 31, 2022, Anti Fund has returned approximately 0.5x DPI for inaugural investors with a conservative 2x TVPI mark during its inception year in a market where some elite tech-focused hedge funds are down ~70% over the same time period.
“We created Anti Fund to be the VC partner that we always wished we had when we started our entrepreneurial careers,” says Woo. “Each generation determines its own culture and lingo and defines their own frontiers of possibility. For the next generation of tech founders, the ability to harness authentic storytelling and command attention is just as valuable as capital and legacy prestige.”
Paul, the 25-year-old pro boxer and cultural phenomenon who’s generated hundreds of millions of dollars in PPV buys and branded revenue, and Woo, an accomplished technology entrepreneur, scientist, and inventor, created Anti Fund as a unique platform for emerging business leaders in a volatile market.
Anti Fund’s manifesto focuses on championing startups that can reshape the current cultural landscape and be the foundation for the next generation of groundbreaking technologies. These companies often bridge established industries with emerging technological frontiers like machine learning and artificial intelligence, blockchain and tokenization, software infrastructure, digital health, and human performance and healthspan enhancement.
Anti Fund specializes in frontier categories and unexplored concepts that have yet to be categorized.
Anti Fund unveiled itself in March 2021 with plans to partner with top technology founders and invest between $100,000 and $1 million in a handful of startups every quarter. Some of their high-profile investments include Alchemy, Manifold, Osmind, Moonpay, and Archive.
“We never thought we could land a man on the moon until we did,” says Paul. “We’re bringing venture back to venture capital.”
He continued, “My career has been defined by achieving the impossible and proving people wrong. Rather than being passive, VCs should champion the fearless and the visionary. Because when new businesses and new technologies succeed, they can make a tremendous impact on our economy and people’s lives.”
Anti Fund uses AngelList’s Rolling Fund platform to call capital through a quarterly subscription from its Limited Partners, including Marc Andreessen, Chris Dixon, and Adam Weitsman among its earliest investors.
About Anti Fund
Anti Fund is a new breed in the world of celebrity-led venture capital firms. It is the only company of its kind to not only leverage the influence and reach of Founder Jake Paul, but to flip the traditional wisdom about how VCs should grow companies. Anti Fund identifies and creates demand for its companies’ ideas, products, and services in anticipation of their delivery to market. Anti Fund champions startups that can reshape the current cultural landscape and be the foundation for the next generation of groundbreaking technologies. Visit www.antifund.vc for more information.
Contacts
Knight Strategic Communications
Elizabeth Knight
Elizabeth@knight-sc.com