AltMountain

General Inception LLC

Palo Alto, CA · CIK 1960716
Status: no Form D since Aug 2024. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

General Inception LLC is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Aug 5, 2024, it has sold $55,500,000 of interests to 6 investors since its first sale in Dec 2022. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Craig Asher; Camela Wilson; Paul Conley.

Total raised
$55,500,000Cumulative sales reported on Form D
Investors
6
First sale
Dec 23, 2022
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Craig Asher; Camela Wilson; Paul Conley
Latest Form D
Aug 5, 2024

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 General Inception LLC

What is the minimum investment for General Inception LLC?

General Inception LLC's latest Form D, filed Aug 5, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in General Inception LLC?

General Inception LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has General Inception LLC raised?

General Inception LLC reports $55,500,000 sold from 6 investors on its Form D filed Aug 5, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is General Inception LLC based?

General Inception LLC is based in Palo Alto, California.

When did General Inception LLC launch?

General Inception LLC reports its first sale in Dec 2022.

Size compared with every venture capital fund

Raised more than 91% of the 2,205 venture capital funds based in California, and more than 96% of all 14,800 that report sales.

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