Philip Falcone – Startup Investor Profile

Philip Falcone is a prominent American businessman known for founding Harbinger Capital and LightSquared. With a focus on investing in companies in financial difficulties, Falcone has made notable investments including a 20% stake in The New York Times. His track record includes a significant involvement in Harbinger Capital and LightSquared. Falcone’s investment check size varies, with the fund making $11 billion in 2007 by betting against subprime mortgages. His geographical preference is within the U.S., particularly notable as a minority owner of the Minnesota Wild hockey team. Falcone’s investment focus areas include credit, distressed debt, leveraged finance, and special situations. The stage of investments by Falcone’s fund, Harbinger Capital Partners, ranges from various early to mid-stages. Collaboration and partnership styles attributed to Falcone involve flexible tools to create effective partnerships.

Location: New York, NY

Country: United States of America

Investment Regions:

Investment Stages: pre-seed, seed

Website:

AI Reasoning: Search results show Philip (Phil) Falcone remains in news through 2024-2025 regarding regulatory and firm matters, but I did not find any public record of him making a new equity or direct investment in a company within the last 12 months. The most recent filings and reports (Harbinger Form ADV dated Mar 25, 2025; news items through 2025) describe fund activity and regulatory issues but do not report a new investment such as a stake purchase in a startup or company within the past year. The last publicly documented investments attributed to Falcone were more than 12 months prior, including earlier Harbinger/LightSquared positions; one named past investment was The New York Times stake. Calculating from the reference date, his last known investment activity exceeds 12 months, so assign the appropriate tag.

Low Activity – Only known angel investments more than 12 months ago.

Active – Known angel investments between the last 12 and 6 months.

Very Active – Known angel investments in the last 6 months.