Jake and Logan Paul become business partners for first time amid major venture capital firm news [FOX Business Network]
Uber Technologies, Inc. (UBER)
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Source: FOX Business Network
Jake Paul's venture capital firm with Geoff Woo announced Wednesday that it has closed its oversubscribed $30 million Anti Fund I fund, nearly doubling its assets. The fund, which Paul's older brother Logan has also joined as a general partner, has backed companies like OpenAI, Physical Intelligence and Cognition, and has incubated and funded many of Paul's other business ventures, including W and Betr Media Paul's business partner and Anti Fund co-founder Geoff Woo said he and the Paul borthers "have a ton of dry powder to back the next generation of American innovation," and he feels he has the two best partners in order to do so. "Jake, what I realized is that he is essentially an avatar of the American dream, and I think Logan, in a very similar parallel sense, also represents that," Woo said in a recent interview with FOX Business. "When Jake named Anti Fund, I think we all share the same belief, that the people that create the future are the crazy ones that believe they c
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