Arielle Zuckerberg, partners launch $181,818,181 fund for ‘magically weird’ startups
Lee Jacobs says Hamas attack ‘awakened something dormant at my core,’ announcing, with Meta CEO’s sister, symbolically summed venture capitalist fund for innovative tech founders
A venture capital firm co-led by Arielle Zuckerberg has announced a new $181.8 million fund that will back “magically weird” tech startup founders and seek to support “life and creation.”
The number — it’s actually $181,818,181.80 — is no accident. Two of the three main venture capitalists behind the new fund at the firm, called Long Journey, are Jewish: Zuckerberg, the sister of Meta CEO Mark Zuckerberg, and Lee Jacobs, Long Journey’s managing partner. The third is Cyan Banister.
Jacobs wrote that the new fund, announced Wednesday, is inspired in part by his reaction to Hamas’s October 7, 2023, attack on Israel, when thousands of terrorists killed some 1,200 people and took 251 hostages, sparking the ongoing war.
“What’s up with all the 18s? In Jewish numerology, 18 represents ‘chai’ or ‘life.’ Growing up, I was often given gifts in increments of 18; it was a blessing for life,” Jacobs wrote.
“The horrific attacks in Israel on October 7th awakened something dormant at my core—a deep inner knowing of my purpose and what I’m willing to fight for. This fund, with its repetition of 18s, embodies my commitment to supporting life and creation.”
Zuckerberg tweeted that the number is “a symbol of life, health, and prosperity.”
Today, we are announcing that we have doubled our AUM @LongJourney by closing a $181,818,181.8 fund. I can’t be more proud of what @cyantist and I dreamed up 5yrs ago.
For both of us this business has always been deeply personal. Today I would like to explain why it matters…
— Lee Jacobs (@LeeJacobs) March 19, 2025
Long Journey has a reputation for quirkiness: It is housed in a large Victorian house with tropical wallpaper, per Bloomberg, and people often walk around there barefoot. Jacob’s announcement seemed to signal the same mood.
“The magically weird are founders with independently derived insights, the courage to pursue ideas no one else has considered, and the will to tackle problems others won’t touch. They’re the ones who arrive at unique conclusions through their own path, not by following the crowd,” he wrote.
