USVC offers 5% bonus shares for 48 hours to push toward $100M in assets
Ankur Nagpal says anyone investing through USVC's site before midnight tomorrow gets 5% extra shares, capped at $50,000, with a three-year vesting period.
By Ryan Merket · Published
Primary source: x.com
Why it matters
USVC is using adviser-funded bonus shares, a tactic closer to brokerage promotions than venture fundraising, to accelerate a retail venture fund from almost $60M toward $100M in assets. The fund has no exchange listing, its tender windows are controlled by the board, and the bonus shares carry a three-year clawback period.
Ankur Nagpal (@ankurnagpal), the founder who sold Teachable for $250 million and later sold Carry to AngelList, is offering new USVC investors an extra 5% in shares for 48 hours to push the retail venture fund toward $100 million in assets.…
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