How Justin Ernest invested nearly $500M into hot startups without a traditional VC fund

Justin Ernest, founder of Sabertooth VC, invested nearly $500M in hot startups without a traditional VC fund. He used a captive network of Limited Partners (LPs) to invest in companies like Anthropic, Anduril, and SpaceX. This approach saved time and allowed for more flexible investments. It's a notable alternative to traditional VC fundraising. Consider exploring similar strategies for your own investments.