# Practical Venture Capital

> Practical Venture Capital (PVC) is the authority on venture secondaries, providing intelligence on top private companies, curated research, and the secondary market ecosystem for LPs, GPs, and founders seeking liquidity.

PVC manages the Halftime Fund, a venture secondary strategy designed to skip the J-curve by acquiring stakes in mature, late-stage private companies. The firm has returned $500M+ to investors, backed 40+ unicorns, and participated in 10+ IPOs. PVC also hosts the Trading Places podcast with Dave McClure and Aman Verjee, covering venture capital, secondaries, and private market liquidity.

## Pages

- [Home](https://practicalvc.com/): Overview of PVC, the Halftime Fund, and venture secondary intelligence.
- [Companies](https://practicalvc.com/companies): Power 20 dashboard tracking top late-stage private companies and secondary pricing signals.
- [Articles & Top Reads](https://practicalvc.com/articles): Curated articles, research, and analysis on the venture secondary market.
- [Secondary Buyers](https://practicalvc.com/buyers): Directory of active secondary market buyers and platforms.
- [Secondary 101](https://practicalvc.com/secondary-101): Educational primer on how the venture secondary market works.
- [Glossary](https://practicalvc.com/glossary): Definitive glossary of 28 venture secondary terms, J-curve, GP-led, NAV, tender offer, continuation vehicle, and more.
- [What is a Venture Secondary?](https://practicalvc.com/what-is-a-venture-secondary): Plain-language answer explaining what venture secondaries are, who buys and sells, and why the market has grown.
- [What is the J-Curve?](https://practicalvc.com/what-is-the-j-curve): Plain-language answer explaining the venture J-curve, why it happens, and how secondary funds skip it.
- [Strategy](https://practicalvc.com/strategy): PVC's investment thesis and approach to venture secondaries.
- [Halftime Fund](https://practicalvc.com/halftime-fund): Fund overview, track record, J-curve advantages, and pitch deck.
- [Deals](https://practicalvc.com/deals): Current SPV deals and one-pagers for active opportunities.
- [DAF 101 Webinar](https://practicalvc.com/DAF101): Webinar landing page on Donor-Advised Funds and venture investing.
- [Team](https://practicalvc.com/team): PVC team, partners, and backgrounds.
- [Trading Places Podcast](https://practicalvc.com/trading-places): Podcast episodes with Dave McClure and Aman Verjee on VC and secondaries.
- [Blog](https://practicalvc.com/blog): Long-form posts from the PVC team.

## Optional

- [SPV Deals](https://practicalvc.com/spv-deals): Detailed SPV deal listings.
- [EquityBee SPV](https://practicalvc.com/spv/equitybee): EquityBee partnership SPV page.