From “TwentyMinuteVC” to a “20MinuteLP”

Key claims

• AngelList’s Rolling Venture Fund, available since early 2020, opens venture fund formation to far more people.
• What makes rolling funds like Sahil Lavingia’s interesting is that Rule 506(c) allows public solicitation, so a fund manager can raise openly.

Notable quotes

Kyle’s filing: From “TwentyMinuteVC” to a “20MinuteLP” by Cindy Sideris Rolling Funds

• Introducing… the Rolling Venture Fund from AngelList. While this appears to have been an option since late February, I first got wind of it from (the generous, resource-compiling & sharing) Paige Finn Doherty’s thread:
• What is so interesting about Sahil’s fund, and rolling funds in general, is the allowance of public solicitation through Rule 506(c). Emerging fund lawyer Chris Harvey explains it more

AngelList’s rolling fund announcement has moved from angel.co to https://www.angellist.com/blog/rolling-venture-fund-launch.

How it connects

• Cindy Sideris
• Rolling Funds