A PPM for venture SPVs and single-company side-cars

The venture-SPV framework organizes a compact PPM around a target-company summary, the security being purchased (preferred stock, SAFE, or convertible note), SPV fees and carry, pass-through mechanics, risk factors, and subscription terms. Structured steps capture portfolio-company, term-sheet, cap-table, and dilution-scenario inputs.

The suggested risk library includes single-company concentration, startup financing and execution, valuation uncertainty, and exit risk, but nothing is selected automatically. Company-specific diligence, side-letter rights, and terms not represented by a dedicated field belong in the relevant narrative section or custom risks and require counsel review.

Use it for a single-company SPV organized to invest alongside a lead investor in a priced round, a SAFE or note vehicle aggregating investors, a secondary SPV buying existing shares, or a small-group syndicate.

If the sponsor is running a discretionary multi-company venture fund with a portfolio-construction thesis, compare the VC-fund framework. A manager may use a fund for a discretionary strategy and separate SPVs for specific investments, subject to counsel review.

A venture SPV may use an LLC or LP, issue membership or partnership interests, charge a management fee, and allocate carried interest without a preferred return. Actual fees, carry, investor minimums, and raise size are deal-specific. The wizard supports separate 506(b) and 506(c) choices; counsel should select the exemption based on the planned marketing and investor base.