What are the ins and outs of ESVCLPs?

The below is just a summary of all the resources I found online + my interpretation, by no means legal or financial advice.

ESVCLP = Early Stage Venture Capital Limited Partnership

How and Why do I need to be a ‘Sophisticated Investor’ in Australia?

What do I need to be a ‘Sophisticated Investor’ for?

Generally people buying securities and other financial products must, under the Corporations Act…

Australian Investor tax incentives in investing in Early Stage Innovation Companies

From 1 July 2016, if you invest in a qualifying early stage innovation company (ESIC), you may be eligible for tax incentives (from Division 360 in Income Tax Assessment Act 1997).

What does BCC stand for?

Blind Carbon Copy.

Back in the day you could write on a piece of paper and below it have a “Carbon Copy”, which was a perfect replica of the original. Blind Carbon Copy is the next stage, perfect replica but without showing who the email goes to.

What’s required for an AML/CTF check in Australia?

In 2006 Australia released it’s AML/CTF (Anti Money Laundering & Counter-Terrorism Financing) requirements. The checks are there to track how money is moving nationally and internationally.

Can you exceed the speed limit when overtaking?

Man — this one bothers me every time I overtake. Most people drive around the speed limit or just below.

and THEN someone overtakes, so clearly goes over the speed limit. Is that allowed? Can you go over the speed limit…

What’s the difference between pudding and mousse?

How is Pudding made?

• milk
• sugar
• cooked
• thickened with cornstarch

How is Mousse made?

What does PDF, XLS, DOC, ZIP stand for?

Alright, let’s start with the easy one — .doc is just for “document”, but I never really knew what .xls and .pdf stands for even though everyone uses the extensions all the time.