Thanks for the post! It seems like CEA and EA Funds are the only entities left housed under EV (per the EV website); if that’s the case, why bother spinning out at all?
You’re right that CEA (including EA Funds) is the last project remaining within EV.
We are spinning out to build an entity structure optimized for an independent CEA. Among the lessons we learned from the EV experience were that entity structures and associated regulatory requirements can be complex, especially when operating in multiple jurisdictions, and that getting our structure right matters in many ways. To take one example: the EV structure requires two CEOs (in the US and the UK), whereas our new CEA structure will require only one.
Thanks for the post! It seems like CEA and EA Funds are the only entities left housed under EV (per the EV website); if that’s the case, why bother spinning out at all?
You’re right that CEA (including EA Funds) is the last project remaining within EV.
We are spinning out to build an entity structure optimized for an independent CEA. Among the lessons we learned from the EV experience were that entity structures and associated regulatory requirements can be complex, especially when operating in multiple jurisdictions, and that getting our structure right matters in many ways. To take one example: the EV structure requires two CEOs (in the US and the UK), whereas our new CEA structure will require only one.