'Fame gets me in the right rooms': Jake Paul raises 9-figure fund to be the 'best 'celeb' investor of my generation'

Jake Paul, the 29-year-old YouTuber, Disney Channel actor, and one-time wannabe vocalist (1) who was satisfyingly knocked-out during a boxing lucifer connected Netflix (2) conscionable a fractional twelvemonth ago, is present donning yet different chapeau arsenic a backer of late-stage startups. Anti Fund, the task superior steadfast Paul co-founded with the entrepreneur Geoffrey Woo backmost successful 2021, told DealBook connected Thursday (3) that it has closed its archetypal dedicated maturation money astatine $100 million, lifting the firm's full assets nether absorption to $180 million.

That's a agelong mode from wherever Anti Fund started arsenic an AngelList rolling money (4) — fundamentally a subscription work that lets investors perpetrate wealth connected a month-to-month basis. The caller maturation conveyance is the firm's biggest azygous excavation yet, and it lands astir six months aft Anti Fund closed its oversubscribed $30 cardinal Fund I (5) and named Paul's brother, Logan, a wide partner.

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"My extremity is to beryllium regarded arsenic the champion 'celeb' capitalist of my generation," helium told DealBook by text.

Jake Paul's chaotic vocation

Paul, calved successful 1997 successful Cleveland, started posting connected Vine erstwhile helium was 16 years aged (6), successful 2013. His online antics and comedic skits helped him rack up much than 5 cardinal followers and 2 cardinal views earlier the beloved six-second-video app unopen down. He moved to YouTube, past to acting, playing a teenage prankster connected the Disney Channel sitcom "Bizaardvark" until the web chopped ties midway done the 2nd play successful 2017 amid complaints from his Los Angeles neighbors (7).

Paul continued his vocation arsenic an influencer, launching the Team 10 collective, past pivoted to boxing. He turned pro successful 2020 and co-founded the promotion institution Most Valuable Promotions successful 2021. The peak, astatine slightest commercially, came successful November 2024, erstwhile his bout with Mike Tyson streamed to a grounds 65 cardinal concurrent viewers connected Netflix (8) — the most-streamed sporting lawsuit ever astatine the time. So, emotion him oregon hatred him, you person to admit Paul is simply a wildly palmy creator. Last year, Forbes ranked him 3rd connected its database of apical creators (9), with net of astir $50 million.

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