Legal FAQs
- What are RUVs?
- Is this a new legal structure?
- Is this good for my client?
- What is the structure of the RUV?
- How are these legally different from normal AngelList SPVs?
- Are the founders acting as the GP of the SPV?
- Who is the General Partner of the RUV SPV?
- Can the RUV proxy its voting rights to the founder or other company stockholders?
- Who controls the voting if there isn’t a proxy?
- What is the turnaround time on signature requests?
- What about liquidity & exits?
- Are there transfer restrictions on the members?
- Can we review the SPV documents?
- Can I offer this to my clients?
- What if I have more questions?