THE MECHANICS

Four verticals.
One standard.

We provide access through four distinct vehicles. Each requires different ticket sizes, targets different stages, and operates on different timelines.

01

SecondariesStartups

Purchasing existing shares from early employees, founders, or early investors in mature private companies (Series A to pre-IPO) — structured as a tender offer, direct secondary, SPV, block trade, or round-linked secondary. Often executed at a discount to the last preferred round.

Min Ticket$25,000
Target Hold1–4 Years
Economics2–5% tx fee (seller) · flat admin fee (member)
02

SecondariesFunds

Secondary purchases of existing LP positions in established VC funds — acquiring stakes at a discount with a shorter remaining horizon than a primary fund commitment.

Min Ticket$100,000
Target Hold3–7 Years
Economics2–5% tx fee (seller) · flat admin fee (member)
03

PrimariesStartups

Co-investments in pre-seed and seed rounds led by top-tier VC firms. Members participate on the same terms as the lead institutional investor — same round, same pricing, member-sized tickets.

Min Ticket$25,000
Target Hold5–7 Years
Economics20% success fee · no fees
04

PrimariesFunds

We secure LP positions in top-tier venture capital funds that typically require $1M+ minimums. We aggregate member capital to meet this minimum, giving you institutional exposure at a fraction of the cost.

Min Ticket$100,000
Target Hold10 Years
EconomicsReferral fee (GP) · flat admin fee (member)
ECONOMICS

How we make money

Our model is designed around alignment. We only charge at the point where value is delivered — never upfront, never as a subscription.

VehicleMin TicketEconomicsWho pays
Secondaries — Startups$25,0002–5% tx fee (seller) · flat admin fee · disclosed per dealSeller (tx fee) · Member (admin fee)
Secondaries — Funds$100,0002–5% tx fee (seller) · flat admin fee · disclosed per dealSeller (tx fee) · Member (admin fee)
Primaries — Startups$25,00020% success fee · no management fee · no transaction feeMember — on exit only
Primaries — Funds$100,000Referral fee paid by GP · flat admin fee paid by memberGP (referral) · Member (flat admin)
WINDOW LIFECYCLE

From sourcing to settlement

Every window that reaches a member has moved through five disciplined stages. Nothing is presented until it has cleared all of them.

  1. 01
    Sourcing
    Inbound from operators and outbound through our network.
  2. 02
    Diligence
    Financials, references, structure, and pricing review.
  3. 03
    Member Review
    Curated deal memo distributed to eligible members.
  4. 04
    Allocation
    Window opens; commitments collected and scaled if oversubscribed.
  5. 05
    Settlement
    Capital called, docs executed, position recorded.
FAQ

Common Questions

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