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A new investment product called USVC is designed to disrupt venture capital norms.
USVC allows U.S. retail investors to access top private tech companies for as little as $500.
KEY POINTS
- USVC bypasses accredited investor rules, opening venture capital to individuals regardless of net worth.
- The fund pools capital across three vehicles: emerging managers, company growth rounds, and secondary sales.
- USVC charges a flat 1% management fee and may allow quarterly redemptions up to 5% of the fund.
- As of March, 44% of USVC's capital was invested across seven firms, xAI being the largest holding.
COMPANIES
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