Why I Chose Assure As My Fund Administrator For My First Syndicate? #venturecapital #shorts

It took us 10 months to raise our first $5 million fund, and it took us about 2 months to go from starting fundraising to actually being able to write a check. And syndicates, you have a much faster timeline on actually being able to send the wire, which I think is really special. So after receiving these commitments, I used a platform called Assure. Shout out Assure, they're actually sponsoring this episode. I have loved working with the team. I actually reached out to another company about running a syndicate, but they expressed a lot of hesitation because I was an unaccredited investor. Even though I had allocation and committed investors, they ultimately were not down. But shout out to Sure, y'all have been great. To handle the fund administration side, so they created a legal entity, which will often be a series LLC, which is kind of like, you can imagine it as like a baby LLC. They provide the SPV fund documents