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foreign okay so if youre thinking of launching a VC fund you probably already have a pretty good idea of what Venture Capital Investments are their investments in high growth companies in exchange for an equity stake in those companies but unfortunately thats pretty much where it stops being super simple and easy to understand my names Sam Im on the legal team here at Carta and in this lesson were going to dive into the details of how Venture Capital funds are legally defined so that you can understand the bigger landscape youre entering when you start a fund you ready lets do it [Music] okay so right out of the gate heres the big thing that people tend to have a misperception about when it comes to venture capital Venture Capital funds obviously make Venture Capital Investments right but not all funds that make Venture Capital Investments are Venture Capital funds in fact there are lots of other kinds of funds like private Equity Funds and hedge funds and all these different t