How Justin Ernest Invested Nearly $500 Million in Startups Without a Traditional VC Fund
How Justin Ernest Invested Nearly $500 Million in Startups Without a Traditional VC Fund The venture capital landscape has long been dominated by a very specific, highly structured model. Institutional funds raise capital from limited partners, deploy that capital over a decade, and take a standard cut of the profits. For decades, this was the only way to deploy significant capital into the startup ecosystem. However, the rules of the game are changing rapidly. A new breed of investors is...