Logan Paul has joined the venture capital firm Anti-Fund as a partner.

Jeff Wu states that Anti-Fund's ambition is to compete with top-tier venture firms like Sequoia and Y Combinator and to target a 20x DPI (Distributions to Paid-in Capital) for its fund.

Jeff Wu believes a fundamental media shift has occurred where creators can build large audiences directly, unlike in the past when distribution was controlled by platforms like the NFL or CNBC.

Jake Paul and Jeff Wu started their venture firm, Anti-Fund, when Jake Paul was 23 years old.

Anti-Fund is evolving its investment strategy to explore growth-stage and crossover/pre-IPO opportunities.

Anti-Fund is currently investing out of a $30 million vehicle.

The venture capital firm Anti-Fund has over $65 million in total assets under management (AUM).

Jeff Wu claims that Logan Paul's beverage company, Prime, is the fastest-growing beverage in history and sold $1 billion worth of product in a couple of years.

Jeff Wu believes Anti-Fund has an unfair advantage in accessing deals with young, technical founders from institutions like MIT, Harvard, and Stanford University because they grew up as fans of Jake P...

Anti-Fund's primary investment themes are AI infrastructure, applied AI, and robotics, which Jeff Wu believes are the largest markets over a 10-30 year time horizon.

Jeff Wu's goal is for the Anti-Fund Summit to become a "cooler, next-generation version" of the Allen & Company Sun Valley Conference.

Anti-Fund are significant investors in OpenAI and have built a strong relationship with its leadership, including Sam Altman and Mark Chen.

Jeff Wu states that Anti-Fund's goal is to deliver a 5x net return for its fund.

Anti-Fund's typical investment strategy involves an initial check of around $250,000, followed by multi-million dollar checks to double down on successful portfolio companies.

Jeff Wu argues that personality-driven creators like Jake Paul and Logan Paul have a more durable business model than spectacle-driven creators like Mr. Beast.

A core thesis of the venture firm Anti-Fund is that the combination of technology and culture will control the future.