Jake Paul's fund, holding $65 million in assets, invests in OpenAI and Polymarket
According to Odaily, Jake Paul posted on X that the venture capital fund Anti Fund, which he co-founded with Geoffrey Woo, now manages over $65 million in assets. The fund has transitioned from an initial rolling fund to an institutionalized company and has successfully secured investment shares in well-known projects such as OpenAI, Anduril, Polymarket, and Ramp.
Jake Paul stated that he is the first celebrity to reach a licensing agreement with OpenAI's text-to-video platform Sora, granting permission for the use of his name, image, and likeness. Anti Fund partner Steve Han said that the fund leverages its marketing and distribution capabilities on social media to support tech startups. Previously, Jake Paul reached a settlement with the U.S. Securities and Exchange Commission (SEC) over illegal promotion of crypto schemes. (fortune)
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