Rob Lusk

Venture building + investing
@sydecario @duendeventures

[Prashant Choubey @ChoubeySahab]

I'm excited to announce the latest episode of @VC10X_, where we dive into the world of fund management and SPV solutions with @niktalreja, the founder and CEO of @sydecario.

In this episode, Nik shares the story behind Sydecar and how he transitioned from practicing law to building a product-driven solution for fund management and SPVs.

We explore the advantages of having investors as customers, the streamlined process of starting an SPV with Sydecar, and how they tackled the challenges posed by Assure shutdown.

Here are some key takeaways and lessons from the episode:

1. Simplifying Fund Management: Sydecar offers a comprehensive tool that significantly simplifies the process of starting an SPV, automating legal documentation, facilitating instant bank account creation, and handling compliance checks and filings.

2. Navigating the Assure Shutdown: Sydecar took a thoughtful and strategic approach to help those affected by the Assure shutdown, collaborating with other vendors to find more cost-effective solutions and supporting affected customers in negotiating fixed prices.

3. Creating Liquidity in Private Markets: Sydecar aims to build the future private market infrastructure by catalyzing standardization, transparency, and liquidity. They focus on streamlining the formation of SPVs and aggregator vehicles to create efficiency and enable larger capital movements.

4. Sydecar Fund+: Sydecar's recent offering, Sydecar Fund+, introduces a multi-asset fund that enables venture investors to build their portfolio by investing in multiple companies. This fund's innovative approach allows for flexibility in liquidity while accommodating different sets of investors.

5. Benefits of Having Investors as Customers: Having investors as customers provides an unfair advantage for fundraising, as happy customers often view the business from an investor's perspective and inquire about the next fundraising round.

You can listen to the full episode on your favorite podcast platform.

🔗Watch on YouTube - https://t.co/c1LcaWOyWD

🎧Listen on Spotify - https://t.co/tykRgbhwl0

#spv #assureshutdown #angelinvesting #fundmanagement #venturecapital

[Sydecar @sydecario]

From understanding deal memos to building deal flow to choosing the right tools, @ZachGins and Alex Pattis of Last Money In have built the essential playbook on how to launch your syndicate from the ground up.

[Rob Lusk @RobbieLusk]

@killa_kwinn @sydecario @AngelList No don’t do that. Sending you a DM

[Rob Lusk @RobbieLusk]

@iAmarGautam @ColinGardiner @sydecario @niktalreja @halleka_ Sounds good, Amar. Good to connect with you - cross paths again when the time is right I hope.

[Hustle Fund 🦛🌽💛 @HustleFundVC]

Awesome to see Sydecar serving the new class of emerging managers, congrats on shipping!

[Rob Lusk @RobbieLusk]

@SpencerM00n @sydecario Hey Spencer, varies based on the size of the fund (accessible for micro VCs and scales down as a % as you grow). Would be happy to find time to talk - dm or [email protected]

[Rob Lusk @RobbieLusk]

@ericbahn @sydecario @HustleFundVC Appreciate the visibility Eric. Can’t wait to roll it out. Still bummed you and @GadiBorovich had 6 hours together and it didn’t come up. Never happened to me before

[Rob Lusk @RobbieLusk]

No aspect of personal finance that’s anywhere close to as interesting, fulfilling, or as much upside as investing in startups. + synergy with other professional aspirations. Whether you want to lead or simply invest with others, there’s more access than ever (with more to come).

[Colin Gardiner @ColinGardiner]

How to build a 200+ person syndicate in less than 6 months. 👇

[halle @halleka_]

sydecar is hiring engineers!

if you know me, you know how much love i have for this company, the people i work with & our mission to increase access to private markets

[Rob Lusk @RobbieLusk]

@johnnieryu @derek_b_ @Jason @mrsharma @cartainc @AngelList @sydecario @chamath let's talk, Johnnie. I just sent you a DM

[Carey Ransom @ransomthoughts]

I’m a huge fan and user of @sydecario and enjoyed chatting with them about all things startups, funding, building - the things we love @OperateStudio

[Jeanine @JeanineSuah]

Honored af to announce @sydecario as @rezilyentcap 2nd investment. I have too soft a spot in my heart for this team 🥹🚀 Thank you for trusting us

[Colin Gardiner @ColinGardiner]

@sydecario Just wrapping up an SPV on @sydecario it’s definitely been a highlight of the year!

[Nik Talreja @niktalreja]

The Twitter Spaces event is on! Excited to chat with @ericbahn from @hustlefundvc and @chrisharveyesq from @ha4esq about building private market infra with staying power. Join us next Tuesday, December 27 at 12 PM PST!
https://t.co/xB3D2Rs08r

[Nik Talreja @niktalreja]

Great expose by @Cookie that highlights a major blow to the emerging VC ecosystem. Assure’s meltdown is catastrophic to those that were relying on them for many years of admin support ahead.

[Rob Lusk @RobbieLusk]

@____hka @JeanineSuah @brexHQ @SaaStrAnnual I’d love to join you for one Jeanine!

[Rob Lusk @RobbieLusk]

@mattyk35 @sydecario Thanks, Matt! Let’s do it I just messaged you

[Rob Lusk @RobbieLusk]

Let’s talk about venture investing with @sydecario

[halle @halleka_]

because the vc system is so opaque and inefficient, hundreds of millions of dollars that have been earmarked for investing in emerging entrepreneurs have gone to lawyers and accountants instead

[Rob Lusk @RobbieLusk]

@alexfmac @Landscape_vc @joeprkns This is very cool. I just applied for access.