Anthony Pompliano, co-founder of Morgan Creek Digital, introduced the launch of a brand new fund based mostly round his personal particular person
Anthony Pompliano, co-founder of Morgan Creek Digital, introduced the launch of a brand new fund based mostly round his personal particular person and model.
“Right this moment I’m saying a brand new rolling fund that will likely be backed by a gaggle of profitable traders throughout Silicon Valley and Wall Road,” Pompliano mentioned in a Sept. 11 weblog put up announcement. “This rolling fund construction provides me final flexibility, which I consider will result in a major benefit when investing in early stage expertise firms.”
Pompliano plans to open a solo common companion, or GP, fund as a solo capitalist. Basically, Pomp is popping himself and his model right into a fund for investing in startups, which may also be able to receiving outdoors investments. “One among my guiding rules has at all times been: ‘You’ll by no means remorse betting on your self,'” Pompliano defined.