February 13, 2014
Well-known entrepreneur Gary Vaynerchuk is launching a $25 million seed fund, which will be backed by Miami Dolphins owner Stephen Ross.
Reportedly, the fund will focus on operating and incubating startups in what will be called the Vayner/RSE joint fund. As part of the transaction, RSE will become a minority shareholder of VaynerMedia, Vaynerchuk’s digital media company.
Matt Higgins and AJ Vaynerchuk will also participate as partners in the new fund.
Did you like this article?
Get more delivered to your inbox just like it!
Sorry about that. Try these articles instead!