Jared Leto Pursues a $75 Million VC Fund Before Controversy Surfaces

1 min read
Source: Business Insider
Jared Leto Pursues a $75 Million VC Fund Before Controversy Surfaces
Photo: Business Insider
TL;DR

Hollywood actor Jared Leto was reportedly raising a first-time venture fund targeting $75 million, with a16z reportedly reaching out to potential backers before sexual misconduct allegations surfaced; it remains unclear how much capital was raised, Leto denies the claims, and his prior investments include Robinhood, Postmates, Reddit, Headspace, Relativity Space, and Replit, highlighting the growing influence of celebrity investors in Silicon Valley.

Share this article

Want the full story? Read the original reporting

Read on Business Insider