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Layer One Ventures
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Subscription Amount
$5,000+ Quarterly
Subscription Period
1 Quarter
Management Fee
2% per year over 10 years
Carry
20%
Admin Fee
0.15% per year over 10 years
Invest Account
Select invest account
Note from Ryan Bethencourt
Welcome to Layer One Ventures. Web3 is one of the most exciting and explosive growth areas to build a startup today. As Raoul Pal, one of the leading global macro investors says:
“The crypto space is growing at 113% per year in terms of users. Even if it slows down to the 63% growth rate of network adoption the internet saw at the same stage, its going to lead to 4bn users by 2030 or earlier” - Raoul Pal
This is an unrivaled opportunity to build and invest in an exponential era.
My name is Ryan, I’m the founder and CEO of one of the leading direct to consumer healthy pet food companies, Wild Earth (raised money from Shark Tank’s Mark Cuban, Mars, Felicis Ventures, Founders Fund and many more leading tech and consumer investors).
I’m also a prolific early stage angel and venture investor in consumer, biotech and tech companies (invested in over 160 startups globally) and I’ve recently started investing in what I believe will be the next frontier: web3 startups, building on multiple layer one’s, including Ethereum, Solana, Avalanche, Luna and NEAR Protocol.
Crypto is transforming the worlds of finance, art, business, culture and our physical world and we’re just at the start of one of the most massive technological transformations of our epoch.
Inspired by visionary investors and builders like Mark Cuban, Peter Thiel and Cathie Wood, I decided to start Layer One Ventures to invest in our exponential, web3 future.
This fund is dedicated to investing in early stage startups building new and exciting technologies and startups on crypto rails.
Join me, as a veteran frontier and consumer technology builder and investor by funding the next breakthrough innovators in web3 and crypto through Layer One Ventures!
Ryan Bethencourt
Investment Details
Subscription Start Date
January 1, 2023
Minimum Quarterly Subscription
$5,000
Management Fee
2% per annum over each fund's 10-year life
Carry
Twenty percent (20%)
Admin Fee
0.15% per year over 10 years
GP Commitment
Ryan Bethencourt's personal subscription per quarter will be at least $1,000 in total. Ryan Bethencourt will satisfy their GP commitment in part by waiving a portion of management fees otherwise owed to them by the fund.
Investor FAQ
How is this program different from venture fund investing?
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How do management and admin fees work?
How does carried interest work?
How do distributions work?
Will a Limited Partner (LP) participate in all investments made by the funds offered through this Program?
Will an LP's percentage ownership of quarterly funds always be the same?
Are LPs guaranteed access to Layer One Ventures' future funds?
How are subscriptions funded?
How does changing or canceling a subscription work?
Who manages these funds?
Do funds in this Program have minimum or maximum investment sizes?
What happens if funds in this Program do not invest their total capital each quarter?
When will LPs learn about companies the funds invested in?
Can LPs opt out of specific deals?
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Can LPs redeem their interests in the fund?
When will funds launched under this Program begin deploying capital?
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The performance of past deals or a lead investors' track record is not a guarantee of future returns. Venture capital fund investments are inherently risky and illiquid. Such investments involve a high degree of risk and are suitable only for sophisticated and accredited investors.
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Apply To Subscribe
Subscription Amount
$5,000+ Quarterly
Subscription Period
1 Quarter
Management Fee
2% per year over 10 years
Carry
20%
Admin Fee
0.15% per year over 10 years
Invest Account
Select invest account