Jake Paul Launches Miami Venture Capitalist Company Anti Fund
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YouTuber and actor Jake Paul made careers by being generally obnoxious. The over-the-top gadgets he filmed himself – including hosting dirt bike races and lighting fires in his Los Angeles rental home – left him fired from Disney Channel and sued by his landlord. He once wrote a dissertation track on teachers and reportedly tried to persuade his young followers to buy subscriptions to his influencer education program.
But the YouTube rogue claims he left his “problem kid” behind when he sold his home in Southern California and moved to South Florida to prepare for his new career in professional boxing. It seems Paul really embraced the stereotypical Miami lifestyle, and not just because he partied on yachts and threw maskless bashes.
Now Paul joins Miami’s ranks of venture capitalists with a company called Anti Fund along with co-founder and investor Geoffrey Woo. The two made the announcement on social media yesterday.
Paul and Woo want to build companies that can promote “internet culture” and create viral content.
“Going forward, everyone will be an influencer, entrepreneur, side-hustler, and e-commerce brand owner,” the fund’s website says. “There will be a new generation of massive companies being formed and built to serve this new economic and sociocultural landscape. Anti Fund will enable that future by inspiring, attracting, and investing in the best founders to serve the best consumers.” – and building creative economies. and e-commerce enablement startups. “
According to Tech Crunch, the mutual fund uses a platform called AngelList, which allows funders to invest money through a quarterly subscription. Paul and Woo’s website states that the fund issues checks for $ 100,000 to $ 1 million and invests in two to ten companies each quarter. The company will be based in Miami.
Paul announced that he would sell his California home in December and moved to Miami to become a price fighter. According to Buzzfeed, he stated that training to be a boxer in Los Angeles was not possible because of all the parties, and admitted that he was distracted and “drawn to this chaos” by them.
But Paul seems to be having fun in South Florida. He had a birthday party at a Miami restaurant in January and kept the party going with a maskless party on a yacht in Miami Beach. He was also spotted at a Super Bowl party in a house in the Venetian Islands last month.
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Alexi C. Cardona is an employee at Miami New Times. A native of Hialeah, she is happy to be home writing about Miami’s weirdness after working for the Naples Daily News for four years.