Sydecar

Sydecar makes it simple & efficient for venture fund and syndicate managers to form SPVs and funds by automating banking, compliance, contracts, and reporting.

[Sydecar @sydecario]

Link to full data report: https://t.co/g6tUyM8CUU

[Sydecar @sydecario]

63% of SPVs raising between $1M and $5M charge both carry and a management fee. For deals under $1M, that number drops to 44%.

Watch the clip to understand why. (🧵)

[Sydecar @sydecario]

See why Aparna chose Sydecar, what keeps her here, and what she's currently (mostly failing) to build with a Raspberry Pi. (And if you've mastered latte art, feel free to leave a tip.)

[Sydecar @sydecario]

Meet Aparna Ramanujam, Senior Product Manager at Sydecar. (🧵)

[Sydecar @sydecario]

Before joining Sydecar, she taught elementary school in Chennai (her classroom ranked in the top 1% in India), co-founded a biomedical device startup that was acquired by Penn Medicine, and led product at a leading impact investing firm.

[Sydecar @sydecario]

For more insights like this, access the full webinar, "Mastering Taxes for Emerging Fund Managers": https://t.co/uOAYrvP5oF

[Sydecar @sydecario]

“A $10,000 investment from a Roth IRA turned into $200,000 completely tax-free.”

Ankur Nagpal explains this on a past Sydecar webinar. One early investor in his previous company used a self-directed Roth IRA to invest in the company’s seed round and compound the gains tax-free.

[Sydecar @sydecario]

Access the full report, "The New Standard: How SPV Fee Structures Have Changed Since 2023": https://t.co/PmMUzkqAZL

[Sydecar @sydecario]

66% of secondary SPVs charge both carry and a management fee. On primary deals, that number is only 42%.

[Sydecar @sydecario]

We explain why in our recent analysis of nearly 4,000 closed SPVs, which also includes data breakdowns by quarter (since 2023), raise size, and deal stage.

[Sydecar @sydecario]

"Something like $100 trillion is going to get shifted from the boomer generation down to millennials and Gen Z." Sydecar's COO @ShriBhashyam made this point in a recent panel. Watch the clip below to hear where Shri thinks that capital is going to flow👇

[Sydecar @sydecario]

@EquityZen Link to full webinar, "Why Early Stage Managers Need a Secondary Strategy" here: https://t.co/nU9smvYbNv

[Sydecar @sydecario]

"Common stock tends to have more restrictions alongside it compared to preferred stock." (🧵)

[Sydecar @sydecario]

@EquityZen Board approvals and ROFRs (rights of first refusal) may adversely affect common stock secondary transactions. Watch the full clip to learn why.

[Sydecar @sydecario]

We put together "A Guide to Layered SPVs" on Sydecar's Learn Center that covers all of this and more: https://t.co/GhTxWlg840

[Sydecar @sydecario]

Layered SPVs have made headlines in the financial news lately. But what exactly are layered SPVs? Why have they become more common? What are the regulatory, fiduciary, and tax considerations a manager needs to understand before using one? 👇

[Sydecar @sydecario]

See where your next deal stands: https://t.co/JsVbiiNpXB

[Sydecar @sydecario]

If you're not sure whether your SPV is ready to launch, we've built the SPV Readiness Quiz for you. (🧵)

[Sydecar @sydecario]

The assessment will either a) confirm that you're set to launch, or b) provide a specific list of what's still outstanding, with guidance on how to address it.