Practical Venture Capital
Venture capitalSan Francisco · Late Stage · 7 people tracked
Also known as PRACTICAL VC INVESTMENT ADVISOR, LLC
Investment thesis
Practical Venture Capital is a Silicon Valley firm specializing in venture capital secondaries, buying stakes in mature, later-stage venture portfolios. Led by veterans from PayPal, Founders Fund, and 500 Startups, the firm applies a numbers-driven, Wall Street approach to secondary investing across multiple tech cycles. Its strategy centers on providing liquidity through secondary transactions, exemplified by its Halftime Fund, and targets established venture-backed companies rather than early-stage bets.
Source: firm website, verified Aug 3, 2026.
Team · 7 people
from the firm's websiteA finance and operations executive with 15+ years across private and public tech companies. Former COO of 500 Startups, he led strategy at PayPal and eBay and served as divisional CFO of eBay's North American Marketplace business.
A Silicon Valley entrepreneur and investor for over 25 years who has backed hundreds of startups including 10+ IPOs and 40+ unicorns. He founded PVC in 2019 after being founding partner of 500 Startups.
Focuses on the Latin American venture ecosystem, previously serving as Investment Manager at Newtopia VC where she led investments in startups such as Agrotoken, Liti, Pulppo, and Yuno.
Leads marketing and go-to-market efforts and manages fund communications, producing the Trading Places podcast. Previously Marketing Director at EquipmentShare.
Co-founder of Duo Security, which was acquired by Cisco for $2.35B, serving as an advisor to PVC.
A venture partner and secondary market expert serving as an advisor to PVC.
Managing Partner of GTG Capital Partners and an advisor to PVC.
Frequently asked questions
- What stage does Practical Venture Capital invest at?
- Practical Venture Capital invests at the Late Stage stage.
- What sectors does Practical Venture Capital focus on?
- Practical Venture Capital focuses on Deep Tech, Sector Agnostic.
- Where is Practical Venture Capital located?
- Practical Venture Capital is headquartered in San Francisco, US.
Media · Podcasts & interviews
featuring the teamStartup Istanbul Interview - Dave McClure - Founder of Practical Venture Capital, 500 Startups - YouTube
Startup Istanbul · Dave McClure
Images
Similar investors
8VC is a venture capital firm built on its 'Smart Enterprise' thesis, investing in data integration platforms and network-effect businesses across multiple industries.
Andreessen Horowitz's Strategic Partnerships page describes collaborations that connect its portfolio companies with established institutions to help scale and deploy their technology.
Battery Ventures is a global investment firm that over its 40-year history has backed more than 450 companies, with its investment staff operating as a single, worldwide unit.
Bessemer Venture Partners is a venture capital firm that backs founders from early stages through every phase of growth, with one of the largest cloud portfolios in venture capital.
DCVC (Data Collective) is a deep tech venture capital firm backing entrepreneurs using computational approaches to solve large real-world problems across many industries. It operates six flagship funds plus DCVC Bio, spanning 13 funds to date.