Gigafund

“Spark, Gigafund, and Greenoaks are defining a new VC model built around paying up for late-stage stakes and repeatedly doubling down as startups stay private longer, trading traditional boardroom influence for concentrated bets on companies such as Anthropic and SpaceX.”

“It was called Gigafund and it was just fund Elon... the optimal way for him to invest was simply to just back every Elon company. And that's it.”

“Gigafund's Luke Nosek are listed on the cap table as members of the board of directors... Nosek owns around 32 million Class A shares.”