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How Justin Ernest invested nearly $400M into hot startups without a traditional VC fund

CN
CitrixNews Staff
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How Justin Ernest invested nearly $400M into hot startups without a traditional VC fund

Last year, Justin Ernest noticed a massive gap in how venture capital was working: Family offices and smaller institutional investors were eager to invest in the fastest-growing AI companies but couldn’t get access to those cap tables.  

Having spent over five years at Playground Global investing in deep tech and helping lead fundraising, Ernest was confident his connections to both investors and founders would allow him to bridge that gap. 

Originally reported by TechCrunch