Source: Forbes
Summary
Sabertooth VC founder has taken a non-traditional approach to investing in startups. Instead of raising a formal venture fund, the founder has used a network of limited partners (LPs) to invest in companies like Anthropic, Anduril, and SpaceX. This approach has allowed the founder to move quickly and invest in a variety of startups.
Our Reading
The launch follows a familiar script.
Sabertooth VC’s founder has found a way to invest in hot startups without the hassle of a traditional fund. The approach is being hailed as innovative, but it’s not like we haven’t seen this before. The founder’s network of LPs is essentially a fund, just without the pesky regulations and transparency. Anduril and SpaceX are already familiar names, so it’s not like Sabertooth is breaking new ground here. The real question is, what’s the exit strategy?
Author: Evan Null
