Gary Vaynerchuk partners with RSE Ventures to launch $25 million seed fund
Gary Vaynerchuk is launching a new $25 million seed fund through a partnership with Stephen Ross. Stephen Ross is the chairman and founder of Related Companies, which has developed over $20 billion in real estate and owns real estate valued at over $15 billion.
Ross is also the owner of the Miami Dolphins and is the head of RSE Ventures. Gary Vaynerchuk is co-founder and CEO of a social media brand consulting agency called VaynerMedia. Vaynerchuk is also an accomplished angel investor, video blogger, wine retail store owner, and author.
RSE will become a minority shareholder of VaynerMedia. Partners in the new fund includes AJ Vaynerchuk (Gary’s brother) and RSE Ventures’ Matt Higgins.
[Source: Recode]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry