Banking on Startups: An Evening with Immad Akhund
Join us for an in-person evening with Immad Akhund, co-founder and CEO of Mercury, the banking* platform powering hundreds of thousands of startups and small businesses, and one of the more active angel investors in tech..
Our portfolio manager Ankur Nagpal will sit down with Immad for a candid fireside chat on building Mercury from the ground up, what he's learned backing early-stage founders, and where he sees fintech and private markets heading next.
USVC is a registered investment fund from AngelList Asset Management that aims to give retail and institutional U.S. investors exposure to high-growth private companies around the world, starting with as little as $500.
The current portfolio includes exposure to companies like Anthropic (0.6%), OpenAI (0.5%), SpaceX (3.7%), Sierra (0.5%), Vercel (0.1%), Crusoe (0.6%), and Legora (0.2%). We also recently announced our investment in Mercury, along with investments in Weekend Fund IV and Recursive Superintelligence.
What you can expect:
A fireside conversation between Immad Akhund and Ankur Nagpal on building Mercury and investing in founders
Live audience Q&A for all that attend
Drinks, food, and networking with other founders and investors
Space is limited and registration is by approval. Request to attend above.
Presented by USVC (https://usvc.com/).
For important disclosures and USVC holdings, see https://usvc.com/portfolio.
Additional Important Disclosures: USVC is a new fund by AngelList Asset Management that broadens access to venture capital, that may allow retail investors to gain exposure to promising companies before they become well-known. USVC holds portfolio companies directly, through funds, and through special purpose vehicles. With USVC, you buy and redeem at NAV. No daily market volatility. USVC shares are not tradeable on a market, so don't invest if you're uncomfortable with illiquidity.
An investment in the Fund involves material risks and should be considered speculative. There can be no assurance that the Fund will achieve its investment objective, that investors will receive distributions, or that investors will not lose all or a substantial portion of their investment. Shares are not listed on any exchange, have no public trading market, and are illiquid. Liquidity is limited to periodic repurchase offers made at the discretion of the Board, which are not guaranteed. This investment is suitable only for long-term investors who can bear the risks of limited liquidity. Past performance does not guarantee future results. Fees and expenses may reduce returns.
Investors should carefully consider the investment objectives, risks, sales charges and expenses of USVC before investing. USVC's prospectus contains this and other information and may be obtained at http://usvc.com/prospectus or by calling +1 (844) 988-1720. Read the prospectus carefully before investing.
This communication is for informational purposes only, is not intended to be a recommendation for any investment or other advice of any kind and shall not constitute or imply any offer to purchase, sell or hold any security or to enter into or engage in any type of transaction. Any such offers will only be made pursuant to USVC’s prospectus, which should be carefully reviewed before investing.
Investing in the USVC Venture Capital Access Fund involves significant risk, including the possible loss of principal. Venture capital investments are speculative, illiquid, and subject to a high degree of risk. Past performance does not guarantee future results.
USVC Venture Capital Access Fund is distributed by North Capital Private Securities Corporation (NCPS), member FINRA/SIPC. NCPS is not affiliated with USVC’s adviser or its affiliates.
Investing in USVC’s shares involves substantial risk, including the potential loss of your entire investment. Shares are not listed on any exchange, are illiquid, and liquidity is limited to periodic repurchases at the discretion of the Board, which are not guaranteed. This investment is speculative and suitable only for long-term investors who can bear the risks of limited liquidity. Certain conflicts of interest involving USVC and its affiliates could impact USVC’s investment returns and limit the flexibility of its investment policies. Past performance does not guarantee future results. Fees, expenses, and conflicts of interest may reduce returns.
USVC’s shares have no history of public trading. You should not expect to be able to sell your shares other than through USVC’s repurchase policy, regardless of how USVC performs. USVC does not intend to list its shares on any securities exchange during the continuous offering, and it does not expect a secondary market in the shares to develop.
USVC holds portfolio companies directly, through funds, and through special purpose vehicles which are subject to certain risks including those related to illiquidity, indirect fees, valuation, limited operating histories and limited information regarding underlying investments. As a result of the foregoing, an investment in USVC’s shares is not suitable for investors that require liquidity, other than liquidity provided through USVC’s repurchase policy. The amount of distributions that USVC may pay, if any, is uncertain.