Mission Control

You can invest here by creating a secure investor account. Once you have created your account, you can begin investing directly through the Jetstream Venture Fund portal.  Through this portal, you’ll securely  submit your investor information and complete required documentation. Once your account is created, you’ll be ready to fund your investment and officially come aboard The Jetstream Venture Fund.

Interval funds are registered investment vehicles that provide retail investors access to less liquid assets like privately-held, early-stage, technology companies. Unlike most investment vehicles, interval funds can invest in such companies and hold those investments until profits can be realized. They are called “interval” funds because they do allow investors to withdraw funds, up to 5% of the overall fund’s net assets, at regular intervals. In the case of the Jetstream Venture Fund, we will allow for withdrawals every 6 months.

In traditional venture capital, fund managers (called General Partners or GPs) typically follow what’s known as a “2 and 20” model—charging a 2% annual management fee on the total fund size and taking 20% of all net profits as a performance fee (called “carried interest”).

That means in a traditional fund, even after a big win, 20% of your returns go straight to the fund managers.

Our Fund flips the script.

With the Jetstream Venture Fund, there are no carried interest fees—you keep 100% of the returns. We’re here to make you money, not take it from you. Every dollar of upside goes directly into your pocket, not ours.

In the context of investment funds, “evergreen” means that the fund has no predetermined end date or termination period. Traditional venture funds have a fixed lifespan (typically 10-12 years). Interval funds can continue to operate indefinitely. This provides greater flexibility and potential for long-term returns. For example: 

• Long-term investment horizon: Investors can hold their investments for as long as they desire, without the pressure of a looming fund closure. 
• Flexible investment strategy: The fund manager can make investments and hold them for as long as they believe is optimal, without being constrained by a predetermined exit timeline.
• Continuous capital raising: The fund can raise additional capital from investors, allowing it to scale its investments and seize new opportunities.

Unlike traditional venture capital funds, this Fund has several distinct characteristics: 

• Evergreen Structure: Interval funds do not have predetermined lifespans. This allows for investing at multiple stages and to hold investments until maturity without having artificial deadlines. 
• Liquidity Twice a Year: The Jetstream Venture Fund allows investors two (2) opportunities each year to withdraw funds. Traditional venture funds employ a “call and hold” framework where money, once deposited, is locked-up until the fund ceases to exist. 
• Diversified Investments: The fund invests in both private and public companies, and even other investment offerings like mutual funds, bonds, or debt instruments, offering a broader investment scope and the potential to reduce risk for investors. 
• Accessibility: Venture capital funds are restricted to high net-worth individuals (usually a minimum net worth of between $1 and $5m). The Jetstream Venture Fund is available to almost anyone¹ in the United States who can meet the minimum investment.

¹Certain investors may be excluded from investing based on prior bad acts or based on money laundering objections. Investors do not need to be accredited but there are some limitations — provide a US social security number as a US person (i.e. US citizen or US resident alien) permitted to complete a Form W-9, US-domiciled bank account, US mailing address, US phone number.

Traditional venture isn’t available to everyday investors. The Jetstream Fund has been created by professionals (lawyers, doctors, pilots, and business people) for professionals. That said, the Jetstream Venture Fund is for investors who take a long-term investment focus. 

There is a very short approval process, but almost anyone¹ with the minimum investment can invest with no approval process.

¹Certain investors may be excluded from investing based on prior bad acts or based on money laundering objections. Investors do not need to be accredited but there are some limitations — provide a US social security number as a US person (i.e. US citizen or US resident alien) permitted to complete a Form W-9, US-domiciled bank account, US mailing address, US phone number.

There will be redemption periods where investors have the ability to withdraw their investments, with some restrictions, every six months. There will be a defined period of time where investors will be able to signal that they want all, or a portion of their money back.  

Redemptions are capped at a maximum of 5% of the Fund’s net assets during each redemption period. For example, if the Fund’s Net Asset Value (NAV) is $10m, up to $500,000 is available for withdrawal in that period.

If total redemption requests are below the 5% cap, investors will receive the full amount they requested. However, if requests exceed the 5% cap, payments will be prorated based on overall demand. Any investor who does not receive their full requested amount can submit a request during the next redemption period.

We primarily focus on investing in early-stage, privately held technology companies. However, when compelling opportunities arise across the broader investment landscape—whether in private or publicly traded entities—we aim to incorporate them to enhance portfolio diversification. As a result, our portfolio strategy includes a thoughtful blend of both private and public companies. To see more details on our investment thesis, check our our prospectus.

Net Asset Value (NAV) is similar to a stock price, except it reflects the value of the portfolio of companies we would invest in.

No, once you’ve met the $20,000 minimum, you’re free to add $500 or more anytime. And your initial investment doesn’t have to be just $20,000—it can be any amount above that.

The management fee is 2.9% of the Net Asset Value (NAV) and capped expenses/fees are 3% of the Net Asset Value (NAV).

Investors in The Jetstream Venture Fund receive a single Form 1099-DIV each year. This provides a simpler alternative to the K-1s that are common with traditional private funds, reducing complexity and making annual tax reporting more straightforward.