[1][2] Collins, who previously worked at TA Associates, wanted to make venture capital more accessible to individual people and had grown tired of how the industry was mostly limited to the institutional investors and the ultra wealthy.

[2][4] The firm focuses on fundraising directly from individual alumni of universities, taking $50,000 minimum each rather than getting large investment funding from institutional investors.

[3] Despite AV having a large deal flow, the firm prefers to have a low profile.

[1] SimpliSafe founder Chad Laurans claims that he never directly interacted with the firm and that it wasn't actively involved in the company.

[3] On March 4, 2022, the U.S. Securities and Exchange Commission (SEC) fined AV $700,000 for making misleading contract statements and breaching operating agreements.