Jake and Geoff are the largest Limited Partners (LP) of Anti Fund, so we have an extraordinary high financial alignment as the General Partners (GP) to make Anti Fund investments succeed
In a typical VC fund, the venture capitalist GP works on behalf of the LPs, who typically earn 80% of the upside of an investment
The remaining 20% is the carried interest pool, and that’s the primary economic incentive for the GP
At a typical VC, there are many partners, so a typical VC partner might only have 5-10% of the carried interest pool
So a typical VC partner typically has 1-2% of the economic incentive of their check size
So if one unpacks a VC firm’s $1M check, the partner leading the deal only has equivalent of $10,000 - $20,000 of upside, which is equivalent to a small angel investor, where the remaining $980,000 or $990,000 of cap table space is passive
Experienced CEOs know that often times the smaller, artisan angel investors are more helpful and have better insights than the big check VC
Anti Fund blends the bespoke artisanship of an angel with the sophistication and scale of a venture capital fund
Jake and Geoff have a proven track record across viral marketing and branding, mainstream distribution, product intuition & technology strategy
We also have a highly differentiated and trusted network of celebrities, athletes, and audience reach
Anti Fund’s uniqueness of where we are world-class complements the network connectivity of traditional Sand Hill or Wall Street networks of traditional VCs
We explicitly focus on adding value in a way that other VC’s cannot offer
In an investing environment where great operators and great ideas are scarcer than the money available to fund them, we are the preferred partners for visionary founders and top traditional VC’s who want to build the best possible team of investors to maximize the probability of business success