AltMountain

Practical VC - Flash 1B, LP

Palo Alto, CA · CIK 1812810
Status: no Form D since May 2020. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Practical VC - Flash 1B, LP is a venture capital fund based in Palo Alto, California. Its most recent Form D, filed May 21, 2020, reports no sales yet. 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(b), which does not permit general solicitation. Related persons named in the filing include General Partner Practical VC, LLC.

Total raised
$0Cumulative sales reported on Form D
Investors
0
First sale
—
Minimum investment
None set
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
General Partner Practical VC, LLC
Latest Form D
May 21, 2020

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 Practical VC - Flash 1B, LP

What is the minimum investment for Practical VC - Flash 1B, LP?

Practical VC - Flash 1B, LP's latest Form D, filed May 21, 2020, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Practical VC - Flash 1B, LP?

Practical VC - Flash 1B, LP 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(b), which does not allow general advertising.

How much has Practical VC - Flash 1B, LP raised?

Practical VC - Flash 1B, LP's latest Form D, filed May 21, 2020, reports no sales yet.

Where is Practical VC - Flash 1B, LP based?

Practical VC - Flash 1B, LP is based in Palo Alto, California.

Size compared with every venture capital fund

This fund hasn't reported any sales yet.

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