Anti Fund memorandum 01 / March 2026
Capital is commodity. Attention is not.
A venture firm for founders who move markets before consensus catches up.
Abstract
Anti Fund is built on two beliefs: the future is shaped where technology meets culture, and the founders who matter most rarely look conventional at first. Startups run on capital and attention. Capital is widely available. Attention compounds into talent, customers, leverage, and category position.
Axiom I
The future is forged at the intersection of tech and culture.
Axiom II
The best founders are anti by definition.
Startups run on two currencies: capital and attention. One is widely available. The other determines who recruits best, launches strongest, and stays top of mind long enough to feel inevitable.
Top founders are not short on meetings. They are short on partners who understand product, distribution, and how belief forms in public before the rest of the market recognizes what is happening.
In a world shaped by feeds, podcasts, group chats, and social media, distribution is no longer downstream of the company. It is part of the company.
Anti Fund is designed to be complementary to traditional Sand Hill and Wall Street capital. We bring operating judgment, technical taste, and world-class distribution instinct to the same table.
Our partnership reflects the thesis itself: operators, investors, and culture-shaping principals backing founders who do not wait for permission to build the future.
Key terms
Most firms are built from one lane: finance, operating, or media. Anti Fund is built from all three. The partnership combines company building, institutional investing, and global-scale distribution into one cap-table partner.

General Partners
Geoffrey Woo, Jake Paul, and Logan Paul.
Different surfaces, one shared advantage: the ability to understand how products spread, how culture moves, and how attention becomes leverage.
Geoffrey Woo
Co-founder & Managing Partner
Geoffrey Woo is co-founder & managing partner of Anti Fund and an entrepreneur. He co-founded Archive, Ketone-IQ, and W. He previously founded and sold Glassmap (YC S11) to Groupon. He earned a BS with Honors & Distinction in Computer Science, but dropped out of the MS program, at Stanford University and is co-inventor and co-author of numerous US patents and peer-reviewed science papers.
Jake Paul
Co-founder & Managing Partner
Jake Paul is co-founder & managing partner of Anti Fund and a professional boxer. Jake holds the record for the most streamed sporting event in history with 65M peak concurrent streams, Paul vs Tyson on Netflix, was a top 5 most Googled athlete in 2024, and has 70M+ followers across social media, including 28M+ on Instagram and 20M+ on YouTube. He is founder of Most Valuable Promotions, Betr, and W.
Logan Paul
General Partner
Logan Paul is general partner of Anti Fund and a professional wrestler. He is founder of Prime, the fastest growing beverage brand in history, and Lunchly. He also hosts Impaulsive, one of the biggest podcasts in the world. He is one of the most followed celebrities across social media, including 26M+ on Instagram and 23M+ on YouTube.
Steve Han
Partner
Steve Han is a partner at Anti Fund. He was previously at March Capital and Deutsche Bank. Born in Korea and raised across India and China, he holds dual degrees in Economics and Environmental Economics & Policy from the University of California, Berkeley. Steve served in the ROK Army as secretary to the Commanding General of the 17th Infantry Division, selected out of 12,000 soldiers.
Observation 01 / Proof
Anti Fund has backed category-defining companies across AI, defense, software, fintech, robotics, and high-growth consumer, including OpenAI, SpaceX, Anduril, Ramp, Cognition, Polymarket, Physical Intelligence, Flock Safety, and Chronosphere.
We invest from first check through late-stage growth. We are drawn to founders with technical edge, distribution instinct, and the ambition to shape how markets think and behave.
Exits
01
Chronosphere*Since
2019
Observability platform. Acquired by Palo Alto Networks for $3.35B.
Stage
02
RailSince
2022
Stablecoin payments infrastructure. Seed investment in June 2022. Acquired by Ripple for $200M.
Stage
Frontier Infrastructure & Defense
Software, Finance & Applied AI
06
LighterSince
2025
A fully verifiable decentralized exchange built with custom ZK infrastructure, inheriting Ethereum security and composability.
Stage
Consumer Platforms & Brands
* Personal investment
Anti Fund is built through work, not optics. We spend time where important companies are actually shaped: product reviews, launch plans, distribution strategy, fundraising pressure, and moments where the next decision matters more than the next deck.
We are most useful when conviction needs sharpening and leverage needs creating. Founders call when a launch has to matter, a round has to clear, a hire has to close, or a narrative has to cut through noise.
Product
Product quality and positioning are inseparable. We get concrete about what should ship now, what should wait, and what will actually make the company feel inevitable.
Go-to-market
Go-to-market is not a slide. It is the moment the market decides whether to care. We help founders shape launch timing, narrative, and distribution that earns attention instead of renting it.
Network
Community at Anti Fund is built through work. Our summits, office visits, dinners, and working sessions are designed to create real trust, uncommon access, and useful collisions over time.
Fundraising
Great founders are rarely short on inbound capital. The edge is choosing the right counterparties, tightening the story, and creating leverage when the round matters most.
Strategy
We stay close in consequential moments: product resets, senior hires, customer strategy, financing decisions, board pressure, and other forks in the road that define the company.
Correspondence
Building something technically differentiated, culturally resonant, or impossible to ignore? Write to founders@antifund.com. Clear thinking beats generic outreach.
The strongest proof is not our description of the firm. It is what founders and operators say after we have been in the room, in the work, and useful when the stakes are real.
"Geoff was one of the earliest investors for both Ramp and Paribus, and he is a trusted advisor and a key strategic sounding board. With Ramp, Geoff has directly boosted our topline revenue and growth by introducing us to and helping us close key customers and hire superstar executives. Geoff is on my shortlist to bring onboard for any company I'm involved with."
CEO & Co-founder, Ramp
"Geoff was one of our first investors and committed to backing Chronosphere before our company was even set up. He is incredibly networked in tech and investor circles and has been a key strategic thought partner. He is one of those rare humans that wields deep technical, product, and business expertise."
CTO & Co-founder, Chronosphere
"Thanks for all of support! Couldn't ask for a better partner."
CEO, Metis
"Geoff is an incredible visionary with sharp intuition. As our earliest investor, he has consistently given advice that proves true time and time again. His strong connections with the most influential minds in Silicon Valley are the exact fuel that early-stage founders can only dream of. Essentially, he brings his A-game. Founders just need to bring theirs."
Gun Choi
CEO & Co-founder, Linedot
"Geoff and Steve are one of the best partners to have as a founder. They are incredibly well connected - Geoff introduced us to Karim from Ramp who became our investor. Steve is always responsive, pushing us to think in unconventional angles. I would highly recommend Anti Fund to any exceptional founders."
CEO & Co-founder, Pensive
"Anti Fund was our first investor and a key sounding board for strategic decisions. They're direct and candid when it matters, skipping unnecessary niceties in favor of clear, actionable support. Geoff has been my most valuable investor from the start, pushing me towards market-validated technical verticals and a business development approach focused on generating meaningful signal before noise."
CEO & Co-founder, Efference
"No other GP on the AngelList platform - out of hundreds of qualifying investors - beats the Anti Fund along both of these axes. It follows that Geoff and Jake may be able to justify a claim to being the "best investors on AngelList", in the sense that there's no other GP that dominates them along the data-driven axes that we believe can help to predict future investment performance."
Abraham Othman
Former Chief Data Scientist, AngelList & CIO, Strawberry Tree Management Company LLC