VENTURE SCIENCE DIGITAL ASSET FUND, LP

RESERVATION REQUEST

Please complete the form to request allocation into Venture Science Digital Asset Fund. Acceptance into the fund is subject to eligibility and approval. If you have any questions, please email us at invest@venture-science.com

Investor Details
Your Name *
Your Name
Investor Type *
Please indicate the amount of allocation you request.
$
Accreditation Details *
Please explain how you're accredited.

FAQ

Below are commonly asked questions. A full set of fund documents will be provided prior to enrollment.

Q. What is the purpose of the fund?
A. The purpose of the fund is to invest in early stage technology companies via their Initial Coin Offerings ("ICO") and ICO Presales. 

Q. Can I invest in the target companies directly?
A. ICO Presale events are typically by invitation only to institutional investors and require a minimum commitment of $50k. Venture Science has formed this fund to pool capital from its limited partners to invest in multiple ICOs and presales.

Q. How do you pick which companies to invest?
A. We're known for our quant investment strategy which we've been building since 2012 - much earlier than cryptocurrencies. We analyze investment opportunities among 40+ attributes including team, target markets, profit margins, location, stage of technology, intellectual property and many others.

Q. What is your track record?
A. We've generated anywhere from a 3x to 5.75x return multiple for our investors*. While we don't publicly disclose our exits, we're known mostly for the sale of Appetas to Google - for which we wrote the first check. (Read more here...)

Q. Who manages Venture Science?
A. We were founded by Matt Oguz in 2012. To learn more, please visit our TEAM section.

Q. If I invest in the fund, how do I receive returns? Are there any fees?
A. As exits take place, the fund handles the collection of return proceeds from portfolio companies and distributes the capital back to limited partners in accordance with the limited partner agreement. The fund collects anywhere from 10% to 20% of the profits after the initial committed capital is returned. For example, let's assume that the fund pools $1M and collects $3M at exit. First, the $1M is returned back to its limited partners. The fund then collects a 20% fee on the $2M profit, and so an additional $1.6M is also distributed back to the limited partners. The full limited partner agreement will describe all the details and will be provided at the time of signing with the fund.

Q. If I invest in the fund, will I have to invest more later?
A. No. Your investment is one-time and final. 

Q. Who handles legal, compliance and banking?
A. The legal counsel for Venture Science is COOLEY, LLC and GREENBERG TRAURIG, LLC. The fund administration is handled by ASSURE FUND SERVICES. The firm's bank is SILICON VALLEY BANK in Santa Clara, CA.

Q. I have more questions, how do I contact your team?
A. Please email us at team@venture-science.com or visit our Contact Us page.


PARTICIPATION REQUIREMENTS

SEC guidelines require participants in the fund to verify their identity and accreditation status. Here's what you'll need:

US RESIDENTS

  • A U.S. social security number.

  • Evidence of your net worth or income such as W2s, financial statements, asset appraisals, or a letter from your lawyer, accountant, investment advisor or investment broker. Documents must be dated in the last 30 days.

  • A U.S. bank account (you’ll be required to pre-fund today) OR a BTC or ETH wallet with funds to cover your desired investment amount.

NON-US RESIDENTS

  • A legible scan of the first page of your passport or other government-issued photo ID.

  • Evidence of your net worth or income such as financial statements, asset appraisals, or a letter from your lawyer, accountant, investment advisor or investment broker. Documents must be dated in the last 30 days.

  • For individuals providing evidence of net worth: a credit report dated in the last 30 days.

  • A U.S. bank account (you’ll be required to pre-fund today) OR a BTC or ETH wallet with funds to cover your desired investment amount.

Venture Science Digital Opportunity Fund, LP

Executive Summary of Key Principal Terms

The following information is presented as a summary of certain of the key principal terms only and is qualified in its entirety by the Limited Partnership Agreement of the Fund (the “Partnership Agreement”), which will be circulated to investors prior to closing.  To the extent that this summary conflicts with the Partnership Agreement, the Partnership Agreement will control.

STRUCTURE

Venture Science funds (the “Fund”) will be organized as a Delaware limited partnership.  Venture Science GP, LLC, a Delaware limited liability company, will be the general partner of the Fund (the “General Partner”).  Venture Science GP, LLC, a Delaware limited liability company (the “Management Company”), will provide certain administrative and support services to the Fund. 

PURPOSE

The general purpose of the Fund is to make venture capital investments in cryptocurrencies, tokens or other securities of private companies.

TERM

10 years from the due date of the initial capital call of the Fund (the “Activation Date”), subject to two one-year extensions at the General Partner’s discretion

INVESTMENT PERIOD

4 years from the Activation Date

 

 

MANAGEMENT FEE

2%

CARRIED INTEREST

20% of net profits on the overall committed capital.

REPORTING

The Fund will furnish (i) unaudited financial statements to the Limited Partners annually, (ii) quarterly summaries of investments, and (iii) annual tax information necessary for each Partner’s U.S. tax returns

ELIGIBILITY

Eligibility to invest in the fund is subject to verification. 

For more information regarding risks of investing, please visit the following section: RISKS

GUIDELINES

* Return figures may include unrealized gains. Past returns are not indicative or a guarantee of future performance.