A Different Bet: Why One New Venture Fund Is Choosing Patience Over Speed

Justin Ernest launched Sabertooth VC in 2025 with an unconventional approach: backing fewer companies but holding them longer, rather than spreading money across many bets. The move reflects a shifting landscape—fewer companies are going public, and investors are demanding real returns. Ernest advises Playground Global, a fund focused on expensive, complex technology ventures, positioning him to bet on companies that benefit from sustained backing.