Corner Union, LLC is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Jul 27, 2020, it has sold $1,500,000 of interests to 1 investor since its first sale in Jul 2020. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Marvin Tien; John Cadeddu; Corner Ventures Management, LLC.
- Total raised
- $1,500,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jul 20, 2020
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Marvin Tien; John Cadeddu; Corner Ventures Management, LLC
- Latest Form D
- Jul 27, 2020
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 Corner Union, LLC
What is the minimum investment for Corner Union, LLC?
Corner Union, LLC's latest Form D, filed Jul 27, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Corner Union, LLC?
Corner Union, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Corner Union, LLC raised?
Corner Union, LLC reports $1,500,000 sold from 1 investor on its Form D filed Jul 27, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Corner Union, LLC based?
Corner Union, LLC is based in Palo Alto, California.
When did Corner Union, LLC launch?
Corner Union, LLC reports its first sale in Jul 2020.
Size compared with every venture capital fund
Raised more than 53% of the 2,199 venture capital funds based in California, and more than 67% of all 14,768 that report sales.