Launch an institutional-grade VC fund in a day with no up front costs. 
Meet Start Fund
0

How Can I Warehouse, Liquidate, or SPV $2mm in Bytedance RSUs That Don't Fit My Pre-Seed Fund Thesis?

Question about warehousing/liquidating/SPVing Bytedance RSUs a non-thesis holding that doesn't fit my pre-seed fund thesis I have about $2mm in Bytedance RSUs (assuming an implied valuation of $300B). Can't be sold on secondary because of restrictions but they can be transferred via 'forward contracts' that do something similar. I would like to either add to fund or liquidate some of those holdings in Bytedance (about $1m). What are my options? Should I offer this as an SPV on my own? Is there a way to collateralize for a loan the Bytedance RSUs (no bank will do it for these afaik)? Or do I just hold these?
1 See in Base
0
I can only give you advice form the perspective of the fund. Based on your explanation above, it will be very difficult/impossible to move into the fund. Also, since it’s off-thesis, it’s likely that it may not help that much in fundraising.

Join VC Lab

VC Lab, the leading venture capital accelerator, empowers new and emerging managers worldwide to close ethical, high-performing funds in under six months. The program provides cutting-edge tools, expert mentorship, and a global network to raise more money in less time. Apply if you want to build a meaningful venture capital firm.

Apply Now