An oasis in the desert: Special purpose vehicles and behavioral economics
April 01, 2016 at 10:00 AM EDT
Like an oasis in the desert, special purpose vehicles (SPV) can offer investors critical liquidity and capital to exercise pro-rata rights, even in a world where overall returns in venture capital have been decreasing. With new regulations taking effect around secondary transactions, and recent clarification of the definition of the “accredited investors” allowed to participate… Read More