$500k Rolling Funds for Founders
Because founders love raising from founders.
Jul 27, 2021 — 2 min read
Written by
Spearhead pioneered the model of transforming founders into top-notch VC investors. Founders have a unique perspective and network, making them extremely valuable to have as early investors.
That's why today, we’re introducing a program to further increase the number of founder-led Rolling Funds.
Apply here →
If you're accepted, we'll work with you on your pitch and put you in front of LPs, including Spearhead, Craft Ventures, Sriram Krishnan (A16Z), Bain Capital, Foundation Capital, Village Global, and AngelList. Collectively, we've earmarked $50M for this program. Once you hit $125k per quarter ($500k yearly) in commits, we'll launch your Rolling Fund.
Then the Rolling Fund is all yours—no committee, no extra fees, no strings attached.
FAQ
Can I apply if I’m not a founder?
- No, this is currently limited to founders only, but we’re considering expanding the criteria for the next batch.
When can I apply?
- Applications are open until August 16th, 2021.
Am I a good fit?
Yes, if you're an active founder who has:
- Access to unique deal flow,
- Specific knowledge that is helpful to other founders,
- A desire to learn the art of investing.
Can I apply if I live outside the United States?
- No, our first batch is limited to founders who live in Silicon Valley, Los Angeles, New York City, Boston, Miami, and their surrounding areas.
Do I need to be an accredited investor?
- You don't need to meet financial accreditation standards to apply.
How many founders will be selected?
- We aim to accept around 5-10 founders in the first batch.
When will I find out if I'm accepted?
- If you're accepted, you will be notified no later than August 30th, 2021.
If I'm not selected, can I apply again?
- Yes, you can apply again in the next batch.
