Controversial YouTuber turned boxer Jake Paul is now  has now entered the venture capital world with a new company named as ‘Anti Fund’ which is founded in collaboration with entrepreneur Geoffrey Woo.

The newly formed company plans to invest anywhere from $100,000 to $1 million in two to ten startups every quarter, with the goal of investing around $10 million to $20 million annually.

The company revealed in the pre seed, seed, and Series A rounds that it will be focusing on startups in the consumer, creator economy, and ecommerce enablement spaces.

Anti Fund will be officially starting its operations from April 1, with a minimum quarterly subscription priced at $25,000. Before that it will start a AngelList’s Rolling Fund platform which will help managers to accept new capital in the form of auto-renewing, quarterly commitments. 

Jake Paul also mentioned that he wants his fans to also get involved into this. I have followers are different reasons, and they want to be involved in what I’m doing. If they’re involved in our fund, then that’s more people rooting for us and our portfolio companies to win. We almost create this army that’s pushing all of these companies forward.”

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