GP · SPV · Per deal
Test syndicate demand before an SPV
Before you take an allocation, you know how much your syndicate will put in, you make the call, and on a go the SPV setup starts by itself.
PlanTest syndicate demand before an SPV
Set up the interest form
HeldNames your interest form after the deal and its deadline, and allows one signed-in response per investor.
API actionPublish the form
HeldPublishes the form once you confirm.
API actionGP confirmsSend the teaser
HeldEnrolls your syndicate in the teaser email, which links to the form. The preview names the group and how many people are in it.
API actionGP confirmsTally the soft circles
HeldAt the deadline, Operator tallies the responses against the allocation and recommends a go or a no-go, citing the responses.
OperatorWaits 5 business daysTake the allocation or pass
HeldYou decide with the tally in front of you. On a pass, you end the plan here.
PersonGP approvesSet up the SPV
HeldOn a go, runs the SPV setup playbook with the company, round and amount from the tally.
Plan
The plan as it runs: each step waits for the one before it, and stops at its gate until the owner approves.
At a glance
Who runs it, and when
- Who runs it
- GP
- What starts it
- You’re offered an allocation and want soft circles before you take it.
- How often
- Per deal
- Vehicle
- SPV
Ask Operator
Start it in a sentence
Ask Operator in chat. It drafts the plan for your fund, and nothing runs until you release it.
- You
See if the syndicate wants in on this round.
- You
Poll our syndicate on the Series A allocation, deadline Friday.
- You
Is there enough demand to do an SPV for this deal?
The outcome
Your syndicate had the teaser and the form, you decided with every soft circle counted against the allocation, and on a go the SPV setup is underway.
What it proves
- Sets up the form as soon as you release the plan, and publishes and sends nothing until you confirm.
- Waits out the deadline with no one watching, then tallies every response.
- Puts the go or no-go in your hands, with the tally and a recommendation.
- Starts the SPV setup playbook on a go, with the deal’s details filled in.
- Shows a junior the response count and total; you see each investor’s amount.