Just six months after being knocked out in a high-profile boxing match on Netflix, Jake Paul is back in the ring—this time as a venture capitalist with a fresh $100 million war chest. The 29-year-old YouTuber, actor, and influencer announced that his venture capital firm, Anti Fund, has closed its first dedicated growth fund at $100 million, lifting the firm's total assets under management to $180 million. The move marks a significant step in Paul's ambition to be regarded as the best celebrity investor of his generation.
Anti Fund, which Paul co-founded with entrepreneur Geoffrey Woo in 2021, started as a rolling fund on AngelList—essentially a subscription service that allowed investors to commit money month-to-month. The new growth vehicle is the firm's largest single pool to date and comes roughly six months after the firm closed its oversubscribed $30 million Fund I and named Paul's brother, Logan, as a general partner. The rapid scaling from a rolling fund to a nine-figure growth fund underscores the growing appetite for celebrity-backed venture capital in an era where influence and capital increasingly intersect.
From Vine to Venture Capital
Jake Paul's journey to the world of late-stage startup investing is anything but conventional. Born in Cleveland in 1997, Paul started posting videos on Vine at age 16, in 2013. His comedic skits and pranks quickly amassed more than five million followers and two billion views before the platform shut down in 2017. He transitioned to YouTube, then to television, landing a role on the Disney Channel sitcom "Bizaardvark." However, his tenure was cut short midway through the second season in 2017 amid complaints from his Los Angeles neighbors about his disruptive behavior.
After his Disney exit, Paul continued his career as an influencer, launching the Team 10 collective—a content creator house that churned out viral videos and sparked controversy. But his most dramatic pivot came in 2020 when he turned professional boxer. He co-founded the promotion company Most Valuable Promotions in 2021 and quickly became a polarizing but undeniable force in the sport. The peak of his boxing career came in November 2024, when his bout with Mike Tyson streamed to a record 65 million concurrent viewers on Netflix—the most-streamed sporting event at that time. Forbes ranked Paul third on its list of top creators that year, with earnings of roughly $50 million.
The Anti Fund Strategy
Anti Fund pairs Paul's massive reach with Woo's technical background. Woo studied computer science at Stanford and previously sold a startup to Groupon. Together, they run what they call an "extreme barbell strategy": small initial checks of $100,000 to $500,000 in exchange for 10% equity in early-stage technical founders, and much larger growth checks of $10 million or more into companies that have already broken out. This dual approach allows the firm to both nurture emerging talent and ride the wave of established tech winners.
The fund's portfolio reads like a who's-who of the AI and defense boom. It includes investments in OpenAI, the drone maker Anduril, the corporate-card company Ramp, the AI coding firm Cognition, and SpaceX—which Anti Fund backed before it went public last week. The exposure to high-growth sectors such as artificial intelligence, robotics, defense manufacturing, and semiconductors reflects Paul's forward-looking view of the economy. "The future will be defined by robotics in defense and manufacturing, semiconductors, power and specialized A.I. labs," he said in a recent interview.
Backing from Institutional Heavyweights
The new growth fund's investor list includes notable names from the financial world. Aquarian Holdings, a $27.1 billion investment firm, is among the limited partners, along with FocusPoint Private Capital Group, Daniel Michalow—a former partner at the hedge fund D.E. Shaw—and Matt Holt, who founded the private equity firm Thoreau Group. They join existing limited partners, which include prominent venture capitalists Marc Andreessen and Chris Dixon. The strong institutional backing suggests that Paul's venture firm is being taken seriously beyond the celebrity novelty factor.
Paul himself acknowledges that his fame opens doors that might otherwise remain closed. "Fame gets me in the right rooms and the right time, and my business knowledge allows me to strike the right deals and partnerships," he explained. This combination of star power and strategic insight is central to his pitch: he can bring attention and deal flow that traditional VCs might lack, while also applying rigorous analysis to investment decisions. For startups, having a household name like Paul on the cap table can provide marketing leverage, talent attraction, and cultural relevance.
Criticism and Credibility
Of course, the transition from influencer and boxer to venture capitalist has its skeptics. Critics argue that Paul's success so far has been more about personal branding than financial acumen. However, the firm's track record with early bets on companies like SpaceX and OpenAI—both of which have delivered massive returns—lends credibility to his investment thesis. Moreover, the $100 million growth fund is more than ten times the size of Anti Fund's previous fund, indicating that sophisticated investors are willing to bet on Paul's judgment.
Paul's journey also reflects a broader trend of celebrities moving into venture capital. While many stars have launched funds—from Ashton Kutcher to Serena Williams—few have achieved the scale or institutional validation that Paul is now securing. With $180 million in total assets under management, Anti Fund is positioning itself as a serious player, not a vanity project. Paul's ambition to be the best celebrity investor of his generation may still be a work in progress, but the numbers are starting to back him up.
What's Next for Anti Fund
With the new growth fund closed, Anti Fund plans to double down on its core focuses: artificial intelligence, defense technology, and energy innovation. The firm expects to deploy capital into both early-stage startups with groundbreaking ideas and later-stage companies that are scaling rapidly. The extreme barbell strategy allows the fund to remain nimble while also capturing outsized opportunities. As Paul put it, "The future will be defined by robotics in defense and manufacturing, semiconductors, power and specialized A.I. labs."
The timing is fortuitous. The defense tech sector is booming, driven by geopolitical tensions and a push for modernization; AI is reshaping every industry; and energy innovation is critical for climate goals. Anti Fund's portfolio already includes major players in these spaces, and the new capital will allow larger checks into breakout companies. For Paul, the goal is not just financial returns but also to be remembered as the most effective celebrity in the investment world. Whether he achieves that will depend on whether his bets continue to pay off and whether his fame remains an asset rather than a distraction. But for now, he has a $100 million fund and a growing roster of believers.
Source: AOL.com News