Sydecar

From Tech Operator to Venture Capitalist: Meet David Yakobovitch David Yakobovitch started his career scaling AI and data products at startups and Google. In 2019, he took the leap into venture capital by launching DataPower Ventures, a syndicate driven by his passion for investing in standout founders and teams. Fast forward to today, DataPower Ventures has built a portfolio of 30+ early-stage companies, including big wins like Ash Wellness. And with the launch of his first fund on Sydecar’s Fund+ platform, David can move faster, invest smarter, and offer even more support to the companies he believes in. Read more about DataPower Ventures, including David’s unique use of an operating partner network to provide hands-on assistance to the companies he invests in, on our blog: https://lnkd.in/epkCcUUw

Fed rate cuts are here—what does that mean for VCs? Lower interest rates can boost fundraising, drive valuations higher, and fuel exits, but they also bring challenges like increased competition. In our latest Sydeletter, we break down: -How rate cuts--and increases--impact fundraising and deal flow -The sectors seeing the biggest effects -What Sydecar’s data says about rate changes Get the full Sydeletter in your inbox. Sign up here:

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Fed Rate Cuts: What They Mean for VCs The Federal Reserve has cut rates twice this year, with another reduction expected soon. These decisions are more than macroeconomic headlines for emerging managers and syndicate leads—they shape fundraising, dealmaking, and exit strategies. Tomorrow's edition of Sydeletter answers questions such as: -What does Sydecar’s data reveal about rate changes and fundraising trends? -How do lower rates impact valuations in sectors like AI, fintech, and clean tech? -What should VCs do as rates change? Sign up for Sydeletter to get the full edition delivered straight to your inbox tomorrow:

Secondary deals can offer unmatched liquidity, access to high-demand companies, and better entry points for investors. Our newest blog post, titled "Navigating the Secondary Market: Opportunities and Challenges," explores how to structure secondary deals, navigate challenges like Right of First Refusal (ROFR), and capitalize on emerging opportunities like tender offers, which some are hailing as 'the new IPOs.' Read the full article here:

Exciting times are ahead for fintech. Our CEO, Nik Talreja, shares insights in The Fintech Times on how 2025 looks promising for M&A and the venture space. As the fintech sector anticipates more IPOs and a regulatory easing, emerging managers might find a more favorable landscape, albeit challenging. Nik highlights the importance of resilience and strategic planning for success in the evolving market. Read the full article for more industry leader insights on the future of fintech M&A: https://lnkd.in/e9jNcxFx

Fund administration can be tricky, but making smart legal decisions doesn’t have to be. We're partnering with DLA Piper to bring you a webinar designed to help GPs decide when to invest in custom legal documents for funds and SPVs—and where to save strategically without sacrificing compliance. 📅 Save the Date: Wednesday, January 8, 2025 ⏰ Time: 2:00–3:00 PM ET Whether you’re launching your first SPV or scaling your fund, this session will offer practical insights to streamline your operations. Featured Speakers: -Yoni Tuchman, Partner, DLA Piper -Nik Talreja, Co-Founder & CEO, Sydecar (and former Associate at Cooley LLP) Moderator: -Petra Griffith, Founder & Managing Director, Wedbush Ventures 🔗 Webinar login details provided upon registration. Register here:

New partnership announcement: Monark Markets and Sydecar are teaming up to revolutionize private company investments. This API-based solution integrates Monark's robust trading systems with Sydecar's fund admin capabilities, allowing brokerages to offer an embedded investment experience throughout the entire transaction lifecycle for investing in private company shares. This collaboration means more accessibility, innovative user interfaces, and enhanced liquidity for accredited investors, all through the brokerage's native app. Read about all the details of the partnership here: https://lnkd.in/eTwaesTP

Takeaways from our Sydecar Session on raising and deploying a Fund I, II, or III During Wednesday's Sydecar Session, Daniel Kimerling, David Yakobovitch, and Elizabeth Yin shared candid advice for emerging managers looking to scale their funds. Here are the highlights: -Fundraising is about persistence, not just metrics: Panelists agreed that moving from Fund I to Fund II and beyond is more about grit and determination than paper markups. LPs often rely on heuristics and your ability to sell a vision rather than early fund performance. -Differentiation is critical to survival: With over 6,000 venture firms in North America, standing out is non-negotiable. Elizabeth shared how Hustle Fund built a unique community-driven strategy, while Dan detailed his focus on concentrated portfolios as a key differentiator. -LP engagement must be tailored: LPs evaluate funds based on alignment with their goals. David highlighted how DataPower Ventures leverages its active AI community and tailored events to strengthen LP relationships and stand out in competitive markets. -Fund size shapes strategy: The panelists discussed how fund size impacts stage focus and portfolio construction. Smaller funds like Fund I allow for flexibility, while larger funds demand precise allocation strategies to maintain focus and deliver strong returns. Access the full webinar here for more in-depth advice: https://lnkd.in/etRqmCqM

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