Sublime

Less than 20% of voting stock in C-Corp, less than 5% of LLCs or partnerships Investment Geography Globally but generally North America Investment Amounts $1–10M for typical investments plus follow-ons Larger amounts if PE/structured buyouts Syndication Deal dependent on other VCs or investment groups as lead or co-lead Holding Period 5–7 years Por

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This has a significant impact on the competitive advantages of a firm in the market as it scales. When party rounds were the standard course for smaller seed firms, connections were the scarce skill set, enabling access to deals led by other reputable firms. As these funds have become larger and rounds have become increasingly tighter, conviction b... See more

ma Capital ($100k) Sequoia Arc (Variable) a16z Speedrun ($750k) LAUNCH ($125k for 7%)