CMO Uncovered · Jean Brandolini Lamb, EquityZen
Secret SPVs Wall Street Hid From You
“They used SPVs for their very wealthy clients to invest big checks into private companies, and when I came to talk to the team here at Equity Zen, I was amazed.”
Transcript
Well, the reason why it's really equities and has purpose built technology that really enables us to create these vehicles that you can invest in. So one of the reasons why I came to work at equities and is they're called
these funds that we create are called special purpose vehicles or SPVs for short. And what happens when I worked at a very big bank, they used SPVs for their very wealthy
clients to invest big checks like you're suggesting into private companies. And when I came to talk to the team here at equities and I was amazed.