Unlocking Liquidity: The Strategic Case for Secondary SPVs in Private Markets
In today’s private markets, syndicate leads face a growing array of structures when backing startups. One strategic decision stands out: direct vs secondary SPVs. Understanding how secondary special purpose vehicles work can be the difference between unlocking high-value deals and missing the window entirely. Let’s break down the differences, opportunities, and legal frameworks surrounding these […]
Why Every Cap Table Will Include an SPV in the Future
By 2030, you can expect nearly every startup’s cap table to feature at least one SPV, and that’s a major win for founders and investors alike. Cap tables are evolving. Carta reports that SPV formation rose 116% from 2019 to 2024, driven by a wave of early-stage vehicles under $5 million. As startups scale and […]
How to Launch a Venture Capital Fund in Singapore: A Step-by-Step Guide
If you’re planning to set up a Venture Capital (VC) fund in Singapore, this step-by-step guide shows you how to navigate licensing, choose the right structure, unlock tax benefits, and get your fund operational. Why Singapore is the Ultimate Destination for VC Funds Singapore’s pro-business environment, strategic location, and thriving startup ecosystem make it a […]
A Guide to Mastering Portfolio Diversification in Angel Investing
Embarking on the adventure of angel investing is like setting sail into uncharted waters. Excitement and potential riches await, but a well-prepared map is essential. Diversification, the secret tool of seasoned angels, acts as your compass, guiding you through risks and rewards in this dynamic world. This guide, enriched with expert insights, empowers you to […]
Unleashing the Power of Small Angel Checks in Startup Fundraising
In the dynamic world of startup fundraising, it’s easy to underestimate the impact of small angel checks. However, what might seem like a modest investment can, in fact, trigger a powerful snowball effect that propels a startup toward success. In this article, we’ll explore how even small angel checks can have a profound influence on […]
Understanding Valuation in Early-Stage Investing
In the dynamic realm of early-stage investing, one of the pivotal challenges for angel investors and syndicate leads is understanding and navigating the complexities of startup valuation. Valuation not only determines the worth of a company at a specific point in time but also plays a crucial role in shaping investment decisions. In this article, […]
When Should Startup Founders Seek Syndicate Funding?
In the dynamic world of startups, securing adequate funding is often a make-or-break factor for success. While the traditional paths to funding, such as venture capital, remain viable options, syndicate funding has emerged as an increasingly popular and advantageous avenue for entrepreneurs. In this article, we will explore the optimal timing for startup founders to […]
Master Cap Tables: Essential Guide for Investors & Founders
In the dynamic world of startups and venture capital, understanding cap tables is crucial for both entrepreneurs and investors. A cap table, short for capitalisation table, serves as a comprehensive record of a company’s equity ownership structure. It details who owns shares in the company, the different types of shares issued, and the respective ownership percentages. […]
Constructing a Comprehensive Data Room for Startups
The journey to secure investments for a startup is a dynamic and pivotal voyage, often compared to an exhilarating roller coaster ride. At the core of this journey is the creation of a meticulously structured data room, also known as a virtual data room (VDR). This online repository acts as the linchpin, where startups entrust crucial […]
A Guide to Building and Running an Angel Syndicate
Angel syndicates serve as a potent vehicle for like-minded investors to combine their financial resources, expertise, and experience to support early-stage startups. The process of creating and managing a successful angel syndicate demands careful planning, effective coordination, and a shared vision for investing in promising ventures. In this comprehensive guide, we will delve into the […]
