Practical Venture Capital

Practical Venture Capital was founded in 2019 to focus on a part of the venture ecosystem where investors and fund managers can face limited paths to liquidity: the secondary market. Based in Palo Alto, the firm targets venture capital and secondary investments across the United States, with a focus on private, late-stage technology companies and interests in venture funds.

Rather than concentrating solely on primary investments in young companies, Practical Venture Capital acquires stakes in mature private companies and offers liquidity solutions to limited partners and general partners. Its funds and co-investment opportunities connect investors with secondary transactions, while its research and company-tracking resources aim to make the venture secondary market easier to understand and navigate. The firm is led by Dave McClure and Aman Verjee, and describes its work as focused on making venture secondaries more accessible and practical for investors.