Off the Grid, On the Record

9,000+ Deals Closed: How Jeremy Nielsen Built Sally.co to Fix SPVs


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In this episode, I talk with Jeremy Nielsen, founder of Sally.co, the all-in-one platform that makes Special Purpose Vehicles (SPVs) simple, clean, and headache-free. Jeremy has overseen more than 9,000 SPVs and took all that experience to build Sally — the first system that puts everything in one place instead of juggling spreadsheets, emails, and off-platform tasks.

We dig into:

  • What an SPV actually is and why they’ve been so painful to manage
  • Jeremy’s background in law, fund management, and why he built Sally
  • The “lightbulb” moments that showed SPVs could be automated end-to-end
  • How Sally solves the chaos of manual tasks, missing documents, and off-platform investors
  • Who gets the most value from Sally today (from first-timers to large-scale fund managers)
  • The future of SPVs: taxes, reporting, analytics, and even venture fund support

If you’ve ever run (or thought about running) an SPV, this episode is a must-listen. Jeremy shares both the scars and solutions from building five generations of SPV software — and why Sally is the one that finally fixes it.

Find out more about Sally: https://sally.co

Listen to more episodes here: http://www.youtube.com/@yarekmatacz

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Off the Grid, On the RecordBy Yarek Matacz