500 Durians, L.P. is a venture capital fund based in Mountain View, California. According to its most recent Form D, filed Nov 3, 2015, it has sold $22,171,717 of interests to 27 investors since its first sale in Feb 2014. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Christine Tsai; David McClure; Khailee Ng.
- Total raised
- $22,171,717Cumulative sales reported on Form D
- Investors
- 27
- First sale
- Feb 28, 2014
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Christine Tsai; David McClure; Khailee Ng
- Latest Form D
- Nov 3, 2015
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 500 Durians, L.P.
What is the minimum investment for 500 Durians, L.P.?
500 Durians, L.P.'s latest Form D, filed Nov 3, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 500 Durians, L.P.?
500 Durians, L.P. is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has 500 Durians, L.P. raised?
500 Durians, L.P. reports $22,171,717 sold from 27 investors on its Form D filed Nov 3, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is 500 Durians, L.P. based?
500 Durians, L.P. is based in Mountain View, California.
When did 500 Durians, L.P. launch?
500 Durians, L.P. reports its first sale in Feb 2014.
Size compared with every venture capital fund
Raised more than 83% of the 2,193 venture capital funds based in California, and more than 93% of all 14,732 that report sales.