Dynamite DSAF Fund LLC
Dynamite DSAF Fund LLC is a venture capital fund based in Santa Monica, California. According to its most recent Form D, filed Nov 5, 2020, it has sold $100,000 of interests to 2 investors since its first sale in Oct 2020. The minimum investment it accepts from an outside investor is $25,000. 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 Eric Schwab.
- Total raised
- $100,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Oct 21, 2020
- Minimum investment
- $25,000
- 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
- Eric Schwab
- Latest Form D
- Nov 5, 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 Dynamite DSAF Fund LLC
What is the minimum investment for Dynamite DSAF Fund LLC?
According to its latest Form D, filed Nov 5, 2020, the minimum investment Dynamite DSAF Fund LLC accepts from an outside investor is $25,000.
Who can invest in Dynamite DSAF Fund LLC?
Dynamite DSAF Fund 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 Dynamite DSAF Fund LLC raised?
Dynamite DSAF Fund LLC reports $100,000 sold from 2 investors on its Form D filed Nov 5, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Dynamite DSAF Fund LLC based?
Dynamite DSAF Fund LLC is based in Santa Monica, California.
When did Dynamite DSAF Fund LLC launch?
Dynamite DSAF Fund LLC reports its first sale in Oct 2020.
Size compared with every venture capital fund
Raised more than 40% of the 2,205 venture capital funds based in California, and more than 15% of all 14,800 that report sales.