AVG strongly believes that investing in individual deals only makes sense in the context of owning a large, diversified venture portfolio. However, we respect that venture selection is educational, engaging, and a valuable skill for investors to develop. It’s also an opportunity to supplement your portfolio in sectors or stages where you feel underrepresented or where you want to lean in.
How Deals Are Chosen
All Syndications are deals sourced and sponsored by an actively managed AVG fund who has negotiated extra allocation. Each deal has cleared AVG process at the sponsoring fund level. The exact nature of deals will vary, but they will reflect the variety of the ~200 investments AVG makes every year.
From 8/1/20 through 8/1/21, all AVG investors are welcome to participate in the Syndicate. Memberships can be renewed with participation in any AVG fund; no minimum dollar amount required except as specified by a fund.
Two notes regarding Venture Club members:
- All Venture Club members will have a lower minimum investment threshold per deal than those who are not club members–$10K minimum per deal for club members vs. $25K for those who aren’t club members.
- Venture Club Presidents have a 5-year membership in clubs. All other club members have a 1-year membership, which can be renewed by investing in any AVG fund.
How It Works
- We’ll notify you about the Syndication opportunity and give you access to our portal with information about the deal (due diligence, terms, company presentation, Investment Committee call recording, etc.) and a reservation form.
- Typically you have about a week to decide if you want to participate.
- At the close of the offering, we will confirm your investment amount. If the deal is oversubscribed, you’ll generally receive a pro-rata allocation.
- Funding is usually due 1-2 weeks after the deal closes. We accept ACH and checks.
- We provide a bi-annual update on companies that were Syndicated, and any of your deals will also be listed in your AVG Investor Portal.
AVG Venture Clubs
Many investors enjoy interacting with others when evaluating deals. Responding to this trend, AVG recently launched AVG Venture Clubs to facilitate groups of friends, family, colleagues, classmates, and others to consider, debate, and score deals together. Of course, the final decision is yours, and Venture Club members are free to invest (or not) in any particular deal. But many find the interactions informative and the Club a great way to learn, engage, and network.
What else is different about the Syndication experience in Venture Clubs?
- Venture Club members have a lower threshold for minimum investment: $10K per deal vs. $25K for non-members.
- The President of the Club determines how frequently deals are shown to members.
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