Calculator
In addition to keeping a clean cap table, Roll Up Vehicles can present significant cost savings over the lifetime of the company. This calculator presents an estimate of savings from using a Roll Up Vehicle over direct investments.
This model calculates the lifetime cost difference between a Roll Up Vehicle and direct investments. You can edit key assumptions & variables below
Yes. The one time $8k RUV setup cost is all inclusive and covers the cost of all filings, banking fees, and electronic tax document delivery (K-1s) to the investors in the RUV for the lifetime of the fund. We will pass through the state filing fees.
For No-Fee RUVs, AngelList will only pass through state filing fees
For Eligible No-Fee RUVs: The company is sent an invoice for the pass-through state filing costs soon after the RUV is finalized.
For Custom RUVs: The setup cost is paid when the RUV is finalizing.
In either case, if the RUV is cancelled prior to it making an investment in the company, there is no cost for the company.
AngelList will manage the SPV's taxes and deliver K-1s to investors as appropriate. The costs for taxes are included in the setup fees for the lifetime of the SPV.
Yes, we often work with the corporate counsel for companies and can keep them in the loop.
RUVs are economically similar to investing directly if the company is covering the filing costs or setup fees. For tax purposes, the roll up vehicle is a pass-through entity so benefits such as QSBS should pass through.