Should I set up a business entity?
On Sydecar, you can lead deals either as an individual or under an entity. Creating an entity, such as an LLC, to act as the deal lead can be beneficial because it gives you limited liability protection.
Additionally, if you are organizing a high volume of deals with multiple parties, creating an LLC can be an efficient way to share carry/fees with multiple LLC owners. Sydecar also offers a carry share product which makes it easy to share carry with others if you organize a deal as an individual.