MA7 is a fast-growing syndicate based in Kazakhstan, co-led by Murat Abdrakhmanov and Yelzhan Kushekbayev, with over 90 SPVs of experience.

Gabriel Jarrosson runs one of the largest French angel syndicates, with over 750 investors and a strong focus on YC-backed startups.

Michele Schueli of ARMYN Capital uses secondary transactions to find value in dislocated markets and offer LPs liquidity when traditional exits are scarce.

Secondary sales allow investors to buy or sell startup equity outside of a traditional exit, offering liquidity in an otherwise illiquid asset class.

Pass-through SPVs are layered structures that allow emerging managers to access high-demand deals by investing through other SPVs.

PariPassu is a private co-investment platform that gives founders and operators access to top-tier venture deals, starting at just $10K.

Management fees can offer operational stability for syndicate leads, but they must be balanced with investor expectations and deal performance.

Many fund managers with online audiences wonder if they can legally raise capital through platforms like newsletters or social media.

Most venture funds and SPVs are pass-through entities, meaning gains and losses flow through to investors via Schedule K-1s.

Earnest Sweat’s journey from equity research analyst to entrepreneur to venture capitalist shows how diverse experience can lead to investing success.

Jesse Bloom joined SaaS Ventures as a Partner to lead their growth investing strategy, focusing on oversubscribed Series B to D rounds.

In a crowded venture landscape, building a personal brand helps emerging managers stand out to LPs, founders, and other investors.

Sydecar has closed an $11M Series A, led by Deciens Capital with participation from Pipeline Capital Partners and Runa Capital.

Sydecar launched its Syndicate platform, offering centralized communication, investor deal tracking, and a secure member portal for syndicate leads.

Sydecar’s Syndicate platform is purpose-built to help syndicate leads manage deals, communicate with LPs, and grow their investor base in one place.

Sydecar has surpassed $1 billion in assets under administration, signaling rapid growth and rising trust across the venture ecosystem.

Syndicate leads can now manage investor contacts, export data, and track activity with the new Syndicate Contacts List feature.

The Corporate Transparency Act (CTA) requires most U.S. entities, including SPVs and funds, to report their beneficial owners to FinCEN beginning in 2024.

Venture firms are sitting on record levels of dry powder, driving increased competition and pressure on returns in early- and growth-stage deals.

Co-syndication is when two or more syndicate leads team up to run a single SPV together, sharing responsibilities, networks, and economics.

Community-driven investing is reshaping venture capital, replacing transactional dynamics with aligned values, shared upside, and long-term engagement.

Family offices are increasingly bypassing traditional VC firms to invest directly in startups, motivated by control, returns, and a rising next-gen perspective.

Unplex raised its angel round by activating over 20 investors from its network using a founder-led SPV on Sydecar.

Paige Finn Doherty built trust and a following by writing online, cold outreaching at scale, and syndicating her first deals before raising a fund.

Deal-by-deal investing through SPVs allows emerging managers to build track records, stay flexible, and gain exposure to top-tier deals without launching a fund.

Co-investing allows LPs to participate in individual deals alongside a fund, offering more control, transparency, and alignment.

The SEC passed five new rules affecting private fund advisers, marking the most significant regulatory shift in VC since Dodd-Frank.

Data shows emerging managers often outperform, yet raising a first fund remains a steep challenge due to limited track records.

Amber Illig began investing after a decade as an operator at companies like Apple and Cruise, starting with small checks into syndicates.

VCs who build deep, trusted relationships with founders outperform those who offer only capital. Startups need partners, not just investors.

Scout funds are small, firm-backed vehicles managed by trusted experts who help VC firms expand their network and access hard-to-reach deals.

Founder’s Cupid started as a casual founder meetup at the University of Michigan and has grown into a community of over 350 members supporting top student entrepreneurs.

Walter Chen launched Golden Wok Ventures to help founders he’s known for years, extending his family’s entrepreneurial legacy into venture capital.

Most emerging fund managers operate with fund sizes under $30M and raise from high-net-worth individuals, entrepreneurs, and family offices.

Daniel Ha and Gadi Borovich launched Antigravity after two years of investing at XX, combining product and growth expertise with a founder-first mentality.

Prota Ventures began by investing through SPVs, using them as a testbed for their thesis and a way to build LP trust before launching a fund.

Fund+ is Sydecar’s end-to-end fund formation and administration platform, purpose-built for emerging managers launching funds under $10M.

Colin Gardiner launched Yonder Ventures in late 2022 and grew his syndicate from 25 to over 200 investors in just one deal using co-syndication.

Running a syndicate presents a coordination challenge, encompassing tasks such as collecting commitments, managing LP relationships, negotiating allocations, and tracking documents.

Fund managers must comply with multiple regulations when launching and running a fund, including the Securities Act, Investment Company Act, and Investment Adviser Act.

Round-tripping refers to the practice of moving U.S.-earned funds offshore, then reinvesting them in the U.S. to exploit favorable foreign tax treatment.

K-1 forms summarize taxable income and are required for investors to complete their tax filings.

This post breaks down key fund terms: management fees, fund expenses, carried interest, and the distribution waterfall.

Bala built a fashion-forward fitness brand by blending product design with vibrant, highly stylized marketing.

Venture funds are typically structured as limited partnerships with a general partner (GP) managing the fund and limited partners (LPs) providing capital.

Gale Wilkinson, Caroline Lewis, and Mac Conwell launched 3-VC to offer accredited investors diversified venture exposure for as little as $10K.

Startup operators can regain breadth by investing in early-stage companies, broadening their exposure beyond day-to-day operations.

Standardization and transparency are key to making private markets more accessible and efficient.

Delaware LLCs are the standard structure for SPVs and funds because of their simplicity, flexibility, and legal protections.

A management company is a separate entity, often an LLC, that handles the operations of a venture fund, including fees, expenses, and regulatory filings.

In a crowded venture landscape, building a personal brand helps emerging managers stand out to LPs, founders, and other investors.

Reflect Ventures runs a global syndicate investing in infrastructure across emerging markets, spanning 20+ countries.

A Series LLC is a cost-efficient legal structure that allows multiple SPVs to operate under a single master entity, each legally separate.

Market downturns present opportunities for disciplined investors to enter high-potential startups at lower valuations.

Sydecar and Stonks partnered to create the fastest SPV setup for startup investing, enabling investments in minutes, not weeks.

Qualified Small Business Stock (QSBS) enables investors to exclude up to 100% of capital gains on eligible startup stock sales after a 5-year hold.

Carried interest (carry) is the share of profits a syndicate lead earns after returning investor capital.

Venture scouting offers Gen Z a way to break into VC without an MBA or prior investing experience.

Passive Foreign Investment Companies (PFICs) are non-U.S. companies earning most of their income from passive sources like interest or dividends.

Secondary sales help investors unlock liquidity in startups, but face barriers like board approvals and transfer restrictions.

Web3 investments like SAFTs and tokens typically do not qualify as venture capital under SEC definitions.

Almost anyone can launch a venture fund or SPV, but they must follow SEC rules governing private funds and investment advisers.

Fund accounting tracks every financial transaction in a venture fund, including capital calls, expenses, investments, and distributions, to ensure accuracy and compliance.

As VC markets cool, syndicates must focus on trust, not just hype.

Sydecar’s CEO, Nik Talreja, submitted a formal letter to Congress in support of the JOBS Act 4.0.

Side letters allow fund managers and LPs to negotiate custom terms outside standard subscription documents.

New investors often wonder whether to launch a traditional venture fund or begin with deal-by-deal SPVs.

Nik built This Week in Fintech from a family-and-friends newsletter into a major fintech media brand.

Today’s emerging managers can launch and grow a venture practice using modern tools and standardized platforms.

RaliCap started as a group chat and grew into a global community of 250+ LPs backing emerging markets infrastructure.

Sydecar is a transaction infrastructure platform purpose-built for venture capital.

The JOBS Act 4.0 proposes updates to democratize access to private markets and modernize venture regulations.