Investing 1st Principles

Serial Stage Venture Partners (SSVP) is a network that seeks businesses developing and commercializing novel innovations with fundamentally sound and enduring economics—specifically, those capable of generating a 1X return multiple per year of investment holding. The network acquires equity positions in exceptional businesses with unique, opportunistic leverage, purchased at fair prices. SSVP deliberately avoids investing in merely fair businesses, even if offered at attractive valuations. Preference is given to rare enterprises capable of deploying additional capital at high returns, targeting opportunities that can generate a 10X return multiple per year of investment holding.

SSVP prioritizes ensuring that its favored portfolio companies are led by capable and trustworthy management teams. Although assessing managerial integrity and ability can be challenging, the network acknowledges that the path to long-term success includes both wins and losses. As committed stewards of venture capital, SSVP continually learns from every experience, mirroring the resilience and adaptability of its portfolio companies.

In an increasingly competitive venture capital environment, SSVP creates opportunistic advantages for its members by making early-, late-, and serial-stage collaborative investments through uniquely structured Single Purpose Vehicles (SPV LLCs) and future micro-fund formations. This strategy enhances the probability of achieving top-tier returns through lower operating costs and access to higher-quality, diversified deal flow—enabling allocators to build specialized venture portfolios with greater precision.

The SSVP network is structured to deliver a superior venture capital experience, combining performance returns with tailored portfolio service. With a minimum investment of $5,000, SSVP charges a one-time, upfront operating fee of 5%, imposes no ongoing management fees, and typically applies a 20% carried interest on the backend in most SPVs. One core investment principle remains unchanged: while investors’ capital is co-invested alongside that of SSVP, the network never forgets that this capital does not belong to it.