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Satya Patel on the state of VC, flexible investing frameworks & converting to evergreen | E1715
This Week in Startups
The Magic of SPVs
The idea behind a special purpose vehicle is a fund specific to a single investment. The downside of that is every time you want to do an investment with an SPV, you have to raise capital again. "I find SPVs are like almost the purest form of being a capital allocator," he says.
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