Sydecar

In a recent episode of the Wannabe Angels podcast, hosts Harry Campbell and Colin Gardiner interview Christopher Nakutis Taylor, Founder and Managing Partner of Nomad Ventures, an early-stage venture fund focused on high-impact businesses with marketplace models. Before launching Nomad, Chris was an early team member at Uber and on the founding team of Uber Eats. With a career spanning private equity at HIG Capital and a successful e-commerce startup exit within 18 months, Chris also brings a solid foundation from Wharton, where he earned his MBA and led the Private Equity and Venture Capital Association. Chris dives into his journey from operator to investor, sharing expertise on marketplace investments, crafting a focused thesis, and identifying high-potential startups. He also provides practical advice for aspiring VCs, backed by his experience scaling innovative companies across consumer and B2B marketplaces. This is a great, educational listen for all of our emerging managers out there. Check it out here: https://lnkd.in/e7jUTR35

🚨 Q3 Product Update 🚨 With another productive quarter behind us, we're excited to announce significant advancements in our platform, tailored to meet the evolving needs of SPV and fund managers and syndicate leads. Our latest updates bring more robust compliance features and innovative tools to help you operate more efficiently and effectively. Q3 Update Highlights: -UBO Workflow Improvements: We’ve simplified managing Ultimate Beneficial Owner information, ensuring all updates are straightforward and compliant. -Corporate Transparency Act Compliance: Enhancements to our SPV and Fund+ products make reporting Beneficial Owner Information (BOI) quicker and less burdensome. -Syndicate Management Platform: Our new platform provides powerful tools for syndicate leads to strengthen communication, manage deals, and track investor engagement, freeing them up to focus on strategic decisions rather than administrative tasks. These improvements are designed to lighten the administrative workload, ensuring compliance and boosting your operational efficiency. Read the full blog post to discover how these updates can enhance your SPV, fund, and syndicate operations: https://lnkd.in/esQQGE7e

VCs making waves at the LTO Summit 🌊 We had an amazing time supporting this year’s Let's Talk Ops Summit at the Seabird Ocean Resort and Spa in Oceanview, CA. It was a great mix of fun and networking, bringing together a strong community of VCs. From educational panels to unique bonding activities like surfing, the event created lasting connections and memories. Check out some of the fun in the video below. https://lnkd.in/dyXMxErr

Wise words from our COO, Shriram Bhashyam

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We put together an informative report with our friends at Last Money In that features key trends they're observing from the 180 SPVs they handle each year, along with exclusive Sydecar data from 833 SPVs launched on our platform in the past 12 months. Link to the full report in the comments of the post below 👇

Congratulations to all the funds that were selected to be a part of the second cohort of Recast Capital's Accelerate Program 👏 We couldn't be more thrilled to partner with Recast and help support this group of talented VCs.

As a proud supporter of the RAISE Summit, we're excited to extend a huge congratulations to the 100 GPs who were selected to attend the exclusive event! See the full list here: https://lnkd.in/ePN-VyaB

🔄 SEC Update 🔄 On August 21, 2024, the SEC updated the threshold for a "qualifying venture capital fund" under the Investment Company Act of 1940. This change to the maximum fund size, effective September 30, 2024, allows qualifying funds to raise up to $12 million in total capital contributions and uncalled committed capital from investors (up from $10 million previously). Qualifying funds can still accept up to 250 investors while remaining exempt from registration under Section 3(c)(1) of the Act. This update benefits emerging venture managers by enabling them to bring in smaller investors without needing to register as an investment company. The rule also allows the SEC to review and adjust this threshold every five years to account for inflation, ensuring the rule remains relevant over time. Fund managers with questions about how this new rule may affect their operations should consult with their legal counsel to ensure compliance and understand the implications for their funds.

MA7 is scaling syndicate success from Kazakhstan 🇰🇿 MA7 Angels Club, a syndicate co-led by prominent angel investors Murat Abdrakhmanov and Yelzhan Kushekbayev, is shaping the future of Kazakhstan's venture capital scene. With deep expertise in B2B SaaS, fintech, edtech, hrtech, deep tech, and AI, MA7’s unique approach includes a higher level of personal investment in each deal—setting them apart and building strong trust with their investor base. Their syndicate has already backed standout companies like Hero’s Journey and Zibra AI, and with Sydecar’s support, they’re expanding their investor community and streamlining operations. Read the full story to learn more about how MA7 is growing and how Sydecar is supporting their journey: https://lnkd.in/ePqs2yxs