BSV Fund VIII LLC is a venture capital fund based in Dallas, Texas. According to its most recent Form D, filed Nov 1, 2021, it has sold $10,495,000 of interests to 197 investors since its first sale in May 2021. The minimum investment it accepts from an outside investor is $5,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Sammy Abdullah; Kevin Vela.
- Total raised
- $10,495,000Cumulative sales reported on Form D
- Investors
- 197
- First sale
- May 24, 2021
- Minimum investment
- $5,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Sammy Abdullah; Kevin Vela
- Latest Form D
- Nov 1, 2021
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about BSV Fund VIII LLC
What is the minimum investment for BSV Fund VIII LLC?
According to its latest Form D, filed Nov 1, 2021, the minimum investment BSV Fund VIII LLC accepts from an outside investor is $5,000.
Who can invest in BSV Fund VIII LLC?
BSV Fund VIII LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has BSV Fund VIII LLC raised?
BSV Fund VIII LLC reports $10,495,000 sold from 197 investors on its Form D filed Nov 1, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is BSV Fund VIII LLC based?
BSV Fund VIII LLC is based in Dallas, Texas.
When did BSV Fund VIII LLC launch?
BSV Fund VIII LLC reports its first sale in May 2021.
Size compared with every venture capital fund
Raised more than 83% of the 489 venture capital funds based in Texas, and more than 88% of all 14,829 that report sales.