LIGHTSPEED FACTION
FACTION VENTURES, LLC Legal Name
Adviser information for LIGHTSPEED FACTION last updated from Form ADV on March 18th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 7 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 2 | $288.9M |
| Non-Discretionary | 0 | $0 |
| Total | 2 | $288.9M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 2 | $288.9M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 50 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-126648 |
|---|---|
| SEC ERA File Number | 801-126648 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 318821 |
| Legal Entity Identifier | None |
Principal Office
650 PAGE MILL ROADPALO ALTO
CA
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: 424-239-9940, Fax: None
Chief Compliance Officer
SAMUEL HARRISON
MANAGING PARTNER AND CCO
650 PAGE MILL ROAD
PALO ALTO
CA
United States
Tel:
(650) 384-7244
S*@*********C
(Full email address available in API data)
Industry Affiliates
| LIGHTSPEED FACTION FUND I GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| LIGHTSPEED VENTURE PARTNERS | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| LIGHTSPEED FACTION FUND I, LP | Venture Capital Fund | $81.5M | $1.0M | 100 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| Harrison, Samuel | Individual | – | MANAGING PARTNER AND CCO | 01/2022 | 50-75% |
| FATHIEH, BANAFSHEH | Individual | – | GENERAL PARTNER | 04/2022 | < 5% |
| LIGHTSPEED VENTURE PARTNERS | Domestic Entity | – | OWNER | 02/2022 | 25-50% |
| EGGERS, BARRY, FRANCIS | Individual | LIGHTSPEED VENTURE PARTNERS | MANAGING MEMBER | 08/2005 | 25-50% |
| MHATRE, RAVI, BRIAN | Individual | LIGHTSPEED VENTURE PARTNERS | MANAGING MEMBER | 08/2005 | 25-50% |
| NIEH, PETER, YAO-PING | Individual | LIGHTSPEED VENTURE PARTNERS | MANAGING MEMBER | 08/2005 | 25-50% |