Jake Paul & The Chainsmokers: Turning Fame into Funds, Jake Enters Politics? & Venture Bubble Signs
At the All-In Summit, Chamath Palihapitiya and Jason Calacanis interview Jake Paul on turning creator attention into capital, disrupting UFC fighter economics via Most Valuable Promotions and PFL, and his long-term ambition to enter politics. Later, The Chainsmokers (Alex Pall and Drew Taggart) discuss transitioning from chart-topping EDM artists to venture capitalists with Mantis VC, navigating institutional LP biases, and identifying late-stage venture bubble behavior alongside the All-In hosts.
- Institutional LPs reject celebrity-led funds because backing famous talent creates direct career risk for the investment officer if the fund fails. Read →
- Alex Pall scraped the back end of music aggregator Hype Machine to build a direct contact list of college bloggers, generating over 30 number-one tracks. Read →
- Jake Paul and partner Geoffrey Woo built Anti Fund around the thesis that venture capital has become a commodity, while proprietary distribution is scarce. Read →
- The UFC pays its athletes roughly 15% of league revenue, compared to the 50% share standard across major leagues like the NFL and NBA. Read →
- Jason Calacanis introduced Travis Kalanick to 21 angel investors; 19 passed because they wanted Uber to sell dispatch software to taxi fleets instead of running operations. Read →
- Alex Pall secured an early Fund 1 liquidity win for Mantis VC through Underdog Fantasy, proving that locking in actual cash distributions beats holding paper gains. Read →