Currently, $150K for non-marketers (including operators, founders, VCs, and funds)
$50K for marketers
Let us know if this is prohibitive.
MKT1 Capital is a traditional venture fund. MKT1 Capital is not a syndicate/SPV or a Rolling Fund. We are also a 506(C) fund, which means we can publicly solicit funds from accredited investors. We use AngelList to manage our fund.
Venture capital funds are typically structured under the assumption that fund managers will invest in new companies over a period of 2-3 years, deploy all (or nearly all) of the capital in a fund within 5 years, and return capital to investors within 10 years.
We want to support marketers as much as we can, and our Marketer LPs are the center of the overall MKT1 community. We not only want to help marketers get on cap tables, but also share angel investing, advising, consulting, full-time, and speaking opportunities with LPs. We're launching a community in early Summer 2023, and you'll be free members for life. We are available to chat with our Marketer LPs anytime about all things marketing and make intros to other marketers, founders, etc.
Yes, currently via email, but we are working on ways to share dealflow in a more automated way with LPs who opt-in.
20% of our investors made their first investment in the venture ecosystem, meaning angel investing or fund investing, ,with MKT1 Capital. So we are more than happy to answer any questions you have and would love to be your on-ramp. You can schedule a meeting with us by filling out the form below and you can request a meeting that way.
An LP is a limited partner, or put more simply, an investor in a fund.
To be an accredited investor you meet certain income or assets requirements or have passed the Series 7, 65, or 82 financial exams. To requirements:
* Net worth over $1 million, excluding primary residence (individually or with spouse or partner)
* Income over $200,000 (individually) or $300,000 (with spouse or partner) in each of the prior two years, and reasonably expects the same for the current year
We are required to only have investors in our fund that meet these requirements by the SEC. More info here.
There’s no actual accreditation process, but during the MKT1 Capital investing process you'll need to verify through a few quick documents that you meet the requirements.
our LP interest form or email us, we'll send you that link. You then just follow the flow, you'll add money to AngelList first and then invest it in our fund. Because we are a 506(c) fund, you'll need to prove you are an accredited investor by getting a letter from your financial advisor or uploading a bank statement (we didn't make the rules)--AngelList walks you through this too.
Given where we are in fundraising and deploying capital, as of 11/23 new investors invest~80% upfront, and invest the remaining amount via 1 more investments aka capital call in approx 6 months. Our fund is managed on AngelList.