Risk Statement

1. General Investment Risk

Venture capital investments involve a high degree of risk, including the potential loss of the entire invested capital. Investments are typically made in early-stage, privately held companies with limited operating history and uncertain outcomes.

2. Early-Stage Company Risk

Early-stage businesses may face:

• Limited operating and financial history
• Unproven business models
• Dependence on key founders or small teams
• Rapidly changing market conditions

As a result, many early-stage companies may fail or not achieve expected growth.

3. Liquidity Risk

Investments in private companies are illiquid. There may be no established market for selling or transferring such investments, and exits may take several years or may not occur at all.

4. Market & Economic Risk

Investment outcomes may be affected by:

• Macroeconomic conditions
• Industry-specific risks
• Competitive pressures
• Regulatory or policy changes

Such factors may adversely impact portfolio companies and investment performance.

5. Technology & Execution Risk

Portfolio companies may rely on technology, intellectual property, or innovation that:

• May not function as expected
• May be disrupted by competing technologies
• May face implementation or scaling challenges

Execution risk is inherent, particularly in fast-evolving markets.

6. Regulatory & Legal Risk

Changes in laws, regulations, or compliance requirements may impact:

• Portfolio company operations
• Investment structures
• Exit opportunities

Regulatory environments may vary across jurisdictions and may change without notice.

7. No Assurance of Performance

There is no assurance that:

• Investment objectives will be achieved
• Portfolio companies will succeed
• Any returns will be generated

Past performance, if referenced, is not indicative of future results.

8. Forward-Looking Statements

Certain statements on this website may be forward-looking in nature and are based on current expectations and assumptions.

Actual outcomes may differ materially due to risks, uncertainties, and unforeseen events.

9. No Reliance

Information provided on this website should not be relied upon as the sole basis for making any investment or business decision.

Users are encouraged to conduct their own due diligence and seek independent professional advice.

10. Updates to This Risk Statement

PPFVC reserves the right to update or modify this Risk Statement at any time. Changes will be effective upon posting on this page.