Risk and Disclosures
Legend Venture Partners is more than an exclusive selection of private stocks. We’re an investment vehicle built on the trends that are the foundation for tomorrow’s marketplace. We invite you to explore the cultural themes, technological skills, and market-transforming innovation that guided our stock selection — and that are reshaping our economy and our world.
Our goal is to take what we know about late-stage capital investments combine that with the knowledge of other accredited investors and build portfolios to help you leverage the relationships skills we have built among angel investors, early-stage VC’s, and the private equity community at large to achieve more and deliver a better return on your investment and ours.
We’ve helped many investors access private shares in lucrative, headline- grabbing ventures and we want to do the same for you.
We have carefully selected an exclusive list of market-leading businesses that are fueling high-performing portfolios and revolutionizing industries.
Together, they make our fund a one-of-a-kind opportunity to tap into highly valued companies’ top investors have been tracking for years — and to turn the companies everyone’s watching into the portfolio you’ve always dreamed of.
Explore the proven, leading-edge companies in our growth equity and genesis. Check out our portfolio today!
Disclosures
Legend Venture Partners sponsors and forms a single purpose limited liability company (an SPV) to hold the restricted securities of a private company. Qualified investors familiar with the risks and rewards associated with investing in the securities of private companies and able to bear the associated investment risks, including the risk of a loss of their investment, may invest in the securities of such an SPV. The SPV is the owner of the shares of the underlying company and the qualified investor owns an interest in the SPV. Summarized below are the risks associated with investments of this type.
From time to time, the underlying private company or the securities of which are held in an SPV may determine to enter a merger or sale transaction, to undertake a direct listing, to undertake an initial public offering, or to undertake a liquidity event. Not all underlying private companies will undertake a direct listing, initial public offering, or other liquidity event, and not all such events will result in successful investments. In any event, Legend Venture Partners has no discretion over any such monetization event. The SPVs remain in place until such an event occurs.
What this means
Legend Venture Partners sponsors and forms a single purpose limited liability company (an SPV) to hold the restricted securities of a private company. Qualified investors familiar with the risks and rewards associated with investing in the securities of private companies and able to bear the associated investment risks, including the risk of a loss of their investment, may invest in the securities of such an SPV. Each SPV holds the equity of only one private company. The SPV is the owner of the shares of the underlying company and the qualified investor owns an interest in the SPV. Summarized below are the risks associated with investments of this type.
From time to time, the underlying private company the securities of which are held in an SPV may determine to enter a merger or sale transaction, to undertake a direct listing, to undertake an initial public offering, or to undertake another liquidity event. Not all underlying private companies will undertake a direct listing, initial public offering, or other liquidity event, and not all such events will result in successful investments. In any event, Legend Venture Partners has no discretion over any such monetization event. The SPVs remain in place until such an event occurs.
Risks
All investments are subject to risk and every investor should read this section carefully along with all the offering materials related to any particular proposed investment. For example, you should consider:
• Investments in the single-purpose vehicles are not diversified investments; and therefore carry more risk;
• You will have limited rights as an investor in a single-purpose vehicle;
• The securities may be restricted and not be readily transferable or liquidated;
• The securities of private companies are subject to heightened risks;
• Private companies are not subject to regulatory oversight and supervision by the Securities and Exchange Commission or by a national securities exchange;
• A private company may not have formalized corporate governance policies and procedures;
• A private company may not have ready access to capital or to funding and may not be able to withstand economic downturns;
• Investors in the securities of private companies must understand they could suffer the loss of their entire investment and be willing and able to do so;
• Some private companies may fail before pursuing a liquidity event, like an IPO, direct listing, or M&A opportunity.
