Investing in Weekend Fund IV

There's a specific kind of fund manager we look for at USVC.

Someone with an information edge most investors can't access. A track record that isn't theoretical. A sourcing network built through years of relationships in the market. And a true belief that the best investments happen before the crowd arrives.

Ryan Hoover and Vedika Jain have built exactly that with Weekend Fund.

Today, we're proud to announce that USVC has invested in Weekend Fund IV.

Who they are

Ryan founded Product Hunt in 2014. If you've spent any time in tech, you’ll know it as the front page of the internet for new products, the launchpad where Figma, Notion, Deel, and Loom first found their audiences. Y Combinator backed it. A16z backed it. AngelList acquired it.

What's less obvious is what building Product Hunt for a decade gave Ryan as an investor.

It gave him a front-row seat to every ambitious founder shipping product. Every year, more than 100,000 founders launch on Product Hunt. Ryan has watched them ship, iterate, and grow in real time since 2014.

When you meet that many builders, you start to see patterns. You know who has it before they even raise a round. Take Alex Bouaziz, for example. He'd been launching on Product Hunt well before he and Shuo Wang co-founded Deel. That's how Ryan first knew him. So when Alex started raising his seed round after Y Combinator, Weekend Fund invested as one of their early checks at a $10M post-money valuation. Deel is now worth $17.3B.

Vedika Jain joined Weekend Fund as Chief of Staff in 2019 and earned herself a position as GP. She’s now a Venture Partner, spending a large chunk of her time building at the edge of AI while investing. She brings a complementary precision to the partnership, rooted in her time as an analyst at Stripe and as the first product manager at TrueLayer, where she helped scale the team from six to 80. She has the operator's instinct for what actually works inside a company, which shapes how Weekend Fund evaluates and supports its founders.

What they've built

Weekend Fund has now run three full funds.

Fund I, from the 2017-2019 vintage, has returned more than 5 times what was invested in actual cash (5.04x gross DPI), with a total current value of more than 14 times invested capital (14.18x gross TVPI).

Fund II, from the 2019-2021 vintage, is worth more than 2.6 times what was invested (2.64x gross TVPI). Most investments are still maturing to exit, which is typical for funds of this age.

Fund III (2021-ongoing) is early in its lifecycle after full deployment at 1.44x gross TVPI. At this stage, that number is an early signal, not a final result.

Weekend Fund's past portfolio includes Deel, Extropic, Intercom, InVideo, Luminai, Mindbloom, Outset, and Truemed, among others.

They evaluate roughly 2,000 companies each year and write checks into approximately 15 (a 1% acceptance rate). Every investment expands the network, increases inbound deal flow, and deepens the fund's reputation among the founders who matter most.

Ryan and Vedika come from a product background and built their firm through this lens. A large portion of their time is spent building products to better serve portfolio founders or give them edge in sourcing tomorrow’s $10B+ company. For example, they built an internal tool to search Ryan’s 340K+ followers on X to help founders with GTM and recruiting.

Note: The above performance is for separate, unaffiliated funds that are not affiliated with USVC. Investors in USVC will not receive exposure to those prior fund returns.

Why we invested

USVC's thesis starts with a simple premise: we believe the best venture returns are generated at the earliest stages, by managers who have genuine access before the market arrives.

Weekend Fund has built that access structurally, not opportunistically.

Due to our partnership with AngelList, we have visibility into Weekend Fund's track record. Among managers on the platform, Weekend Fund’s investments outperform at twice the rate of the average manager in terms of gains three to six years out. That's a different kind of conviction than most LP relationships afford.

Weekend Fund IV, a $25M fund with pre-seed and seed focus, is exactly the type of emerging manager exposure USVC was designed to provide.

This marks our next step in backing managers who we believe find great companies first, following the winning companies as they breakout in the portfolio, and giving individual investors access to the kind of early-stage exposure that institutional LPs have had for decades.

Weekend Fund has earned its place in that category.

What it means for USVC investors

USVC investors now have exposure to Weekend Fund IV alongside the fund’s existing LPs which include well over 100 operators and founders from Apple, Anthropic, Stripe, Google DeepMind, DoorDash, and more.

Importantly, this does not mean you are investing in retroactive exposure to any of the Fund I, II, or III investments or returns cited above.

What you are buying is access to what Ryan and Vedika invest in next.

Historically, access to a pre-seed and seed manager with this kind of verified track record has been reserved for institutional LPs like endowments, family offices, and fund-of-funds writing six-figure and seven-figure checks. Not to mention, the accreditation rules alone have excluded most individual investors for decades. And even for those who could write the check, the performance data to evaluate the manager has rarely been available with this level of transparency.

USVC is a basket of venture investments that give you exposure to managers like Weekend Fund, alongside direct investments and secondaries in some of the most promising private companies.

American investors can get started with as little as $500 today. No accreditation is required.

Learn more: usvc.com

Investors should carefully consider the investment objectives, risks, sales charges and expenses of USVC before investing. USVC's prospectus contains this and other information and may be obtained at https://usvc.com/prospectus or by calling +1 (844) 988-1720. Read the prospectus carefully before investing.

This communication is for informational purposes only, is not intended to be a recommendation for any investment or other advice of any kind, and shall not constitute or imply any offer to purchase, sell or hold any security or to enter into or engage in any type of transaction. Any such offers will only be made pursuant to USVC's prospectus, which should be carefully reviewed before investing.

The performance information presented in this communication regarding Weekend Fund I, II, and III reflects the performance of separate investment vehicles that are not managed by, affiliated with, or offered by USVC Venture Capital Access Fund or its investment adviser. This information is provided for illustrative purposes only and should not be interpreted as indicative of USVC's past or future performance. An investment in USVC does not provide any retroactive exposure to the returns of Weekend Fund's prior funds.

Performance data for Weekend Fund I is presented as of May 6, 2026. Performance data for Weekend Funds II and III are presented as of March 31, 2026. All figures are unaudited. Gross TVPI (Total Value to Paid-In Capital) represents the ratio of a fund's current value plus distributions to total capital called, before deduction of management fees and carried interest. Gross DPI (Distributions to Paid-In Capital) represents actual cash returned to investors relative to capital called, before deduction of management fees and carried interest. Net returns to investors, after deduction of management fees and carried interest, would be lower than the gross figures presented. Unrealized values are based on the fund's most recent valuation and may change materially.

"Outperform at twice the rate" is based on USVC's analysis of more than 15,000 Seed investments on the AngelList platform between May 1, 2020 and May 1, 2023, measuring multiple on invested capital (MOIC) using a modeled curve fit across that investment universe. Of Weekend Fund's 46 Seed investments made during this period, 9 ranked in the top decile of MOIC, compared to the expected approximately 10% for any randomly selected investment, representing approximately twice the rate of the broader investment universe. Past performance of Weekend Fund I, II, or III does not guarantee future results and is not indicative of USVC's expected performance.

Certain statements in this communication, including those regarding USVC's investment thesis, the expected characteristics of fund managers, and anticipated investment outcomes, are forward-looking statements. These statements reflect USVC's current beliefs and are subject to risks and uncertainties. Actual results may differ materially from those expressed or implied.

Investing in the USVC Venture Capital Access Fund involves significant risk, including the possible loss of your entire investment. Venture capital investments are speculative, illiquid, and subject to a high degree of risk. The Fund invests primarily in private funds and private companies, which are subject to risks related to illiquidity, indirect fees, valuation uncertainty, limited operating histories, and limited information regarding underlying investments. Past performance does not guarantee future results.

USVC Venture Capital Access Fund is distributed by North Capital Private Securities (NCPS), member FINRA/SIPC. NCPS is not affiliated with USVC’s adviser or its affiliates.

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USVC invests in private funds which are subject to certain risks including those related to illiquidity, indirect fees, valuation, limited operating histories, and limited information regarding underlying investments. As a result, an investment in USVC's shares is not suitable for investors that require liquidity, other than liquidity provided through USVC's repurchase policy. The amount of distributions that USVC may pay, if any, is uncertain. Certain conflicts of interest involving USVC and its affiliates could impact USVC's investment returns and limit the flexibility of its investment policies. Fees, expenses, and conflicts of interest may reduce returns.