Pomp launches new venture fund, says ‘You’ll never regret betting on yourself’
He’s chosen a rolling fund structure for reasons of flexibility.
Anthony Pompliano, co-founder of Morgan Creek Digital, announced the launch of a new fund based around his own person and brand.
“Today I am announcing a new rolling fund that will be backed by a group of successful investors across Silicon Valley and Wall Street,” Pompliano said in a Sept. 11 blog post announcement. “This rolling fund structure gives me ultimate flexibility, which I believe will lead to a significant advantage when investing in early stage technology companies.”
Pompliano plans to open a solo general partner, or GP, fund as a solo capitalist. Essentially, Pomp is turning himself and his brand into a fund for investing in startups, which will also be capable of receiving outside investments. “One of my guiding principles has always been: ‘You will never regret betting on yourself,'” Pompliano explained.
