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