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116 Street Community Newsletter — October 2022

Content at the intersection of entrepreneurship, venture capital, and our Columbia community.

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IN THIS ISSUE: 2022 Fund initial close is 10/31, register for a webinar on October 27, HopSkipDrive raises a new funding round, portfolio news, and more.

2022 Fund Initial Close is Quickly Approaching

We encourage you to secure your spot in this year’s fund by signing your subscription agreement before the 10/31 initial close and before we hit SEC limits. If you have any outstanding questions, you can schedule a 1×1 call with our team or visit our secure portal to access fund materials.

UPCOMING WEBINAR

Waves of Innovation & Investing in the Future

Thursday, October 27, 4:00 PM ET

Join Managing Partner Ludwig Schulze for a webinar on the waves of innovation that have advanced our society and how you can invest in a future wave with 116 Street Ventures.

116 Street Portfolio Update

HopSkipDrive is a web and mobile-based platform that offers alternative transportation for children and teens to assist with education. 116 Street deployed capital in the company’s $37 million Series D alongside Energy Impact Partners, Keyframe Capital, FirstMark Capital, and Transform Capital. HopSkipDrive intends to use the funds to continue the transformation and modernization of school transportation.

116 Street Portfolio Companies in the News

FOR CURRENT INVESTORS

Thinking of becoming an investor? Access Materials »

Using a Self-Directed IRA to Invest in Venture Capital

Our latest eGuide discusses how you can use a self-directed IRA to fund your venture investments. Visit our Club portal to read the piece and other exclusive content from Managing Partner Ludwig Schulze and our team. Visit Club Portal »

What’s New at AV

Watch this video to learn more about important news happening at Alumni Ventures, including recent portfolio updates and exits. Watch Now »

Other News from Alumni Ventures

Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.

Written by

Ludwig Pierre Schulze

Ludwig has been on all sides of venture — as an entrepreneur, corporate buyer of ventures, and venture capitalist. Before Alumni Ventures, he experienced the daily realities of entrepreneurship as Founder and CEO of a mobile payments venture. Earlier, at a Fortune 100 telecom (Nokia), he was a general manager and acquired venture-backed businesses. His first experience in venture capital was with an $800 million global fund pre and post the dot.com crash. Ludwig began his career with the Boston Consulting Group. He has a BA from Brown University and an MBA from Columbia. He lives in NYC with his wife and 2 teenagers.

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