Venture SPV: Inner Workings of a Syndicate

Special Purpose Vehicles (SPVs) have become an increasingly popular investment structure, particularly in the venture capital ecosystem. Venture SPVs offer a unique mechanism for pooling capital from multiple investors to participate in specific investment opportunities. In this article, we will explore the inner workings of a Venture SPV, shedding light on the key steps and […]
Angel Investors vs. Venture Capitalists for Startup Funding: Which is Right for You?

Raising capital is a pivotal challenge for startup founders. Two primary avenues for funding—Angel Investors and Venture Capitalists (VCs)—each of these financial backers offers distinct advantages and drawbacks. Understanding the key differences in the debate of angel investors vs. venture capitalists is essential for selecting the best fit for your startup. In this article, we’ll […]
What is ARR?

A vital metric, especially for subscription-based businesses and Software as a Service (SaaS) companies, is Annual Recurring Revenue, or ARR. Understanding the meaning of ARR is crucial for businesses looking to thrive. This article aims to demystify ARR, its significance, calculation, and how it influences decision-making in the startup landscape. Understanding ARR Annual Recurring Revenue […]
Mastering Startup Fundraising: Your Guide to Finding the Perfect Investors

In the world of startup fundraising, finding the right investors is crucial. Successful startup fundraising strategies require understanding that not all money is the same, and connecting with the right funding partners can make a big difference in your startup’s success. This article will explore strategies to help you find and approach the ideal investors […]
Starting Small or Going Big? Small Fund vs. SPVs for Emerging Managers

Venture capital is a dynamic and competitive field that presents both challenges and opportunities for emerging fund managers. One of the pivotal decisions they face is whether to start with a small fund, typically less than $10 million, or to explore sourcing and investing in deals through Special Purpose Vehicles (SPVs) with Limited Partners (LPs). […]
Should First-Time Fund Managers raise a Fund or start with a Syndicate?

Launching a venture fund is exciting, but increasingly complex. Today’s LPs expect more than a sharp thesis or ambition; they want proof. For first-time fund managers, the path to that proof starts not with a fund but a syndicate. At Angel School, a two-stage approach is strongly recommended for first-time managers. As Jed Ng, founder […]
Key Factors to Consider When Choosing a Jurisdiction for Your SPV

Setting up a Special Purpose Vehicle (SPV) involves careful planning to ensure legal compliance, operational efficiency, and investor confidence. Here’s what to look for in an ideal SPV jurisdiction: 1. Legal and Regulatory Environment A well-structured SPV is typically created for a specific transaction, such as holding assets, isolating risk, or raising capital. Choosing a […]
5 Key Benefits of Setting Up a Singapore Variable Capital Company (VCC)

A game-changing corporate structure has emerged in the Asia-Pacific fund landscape: the Singapore Variable Capital Company (VCC). Introduced under the Variable Capital Companies Act in January 2020, this forward-looking framework was designed to strengthen Singapore’s fund management ecosystem by offering a more flexible, tax-efficient investment vehicle tailored for professional investors. If you’re new to the […]