Light Street Beacon Principals I, L.P.
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Raised
Pre-open
Investors
—
Min Invest
None stated
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What this filing shows
·Every sentence is a value as filed on SEC Form D
Light Street Beacon Principals I, L.P. is a Delaware limited partnership that filed a Form D with the SEC on January 14, 2019, describing itself as a venture capital fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(1) and covers pooled investment fund interests. Light Street Beacon Principals I, L.P. reported that the first sale had not yet occurred as of the Form D filed January 14, 2019, so no amount sold or investor count is on file. The total offering amount is $20,000,000. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(1), it may have no more than 100 beneficial owners. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated. The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. The issuer's address of record is 525 University Ave, Suite 300, Palo Alto, CA 94301.
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
In the Terminal
Filing events
0
none on file
Critical / warning
0 / 0
0 watch · 0 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
pre_sale
Fund family Part of the Light Street Beacon family: 4 vehicles across 3 generations · adviser of record Light Street Capital Management, LLC · full family and the filing behind each link in the terminal
Investor
- The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
Pro
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Adviser of Record (Form ADV)
CRD 155215 · SEC-registered adviser · lists this fund on Schedule D 7.B.(1) as a private equity fund
Auditor named on Form ADV: Kpmg LLP · PCAOB-registered per the adviser
From the adviser's Form ADV as loaded from the SEC bulk data, joined on this issuer's Form D file number. Fund-level figures and the adviser's full fund roster are in the terminal.
Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Glen Kacher
Executive Officer · Palo Alto, CA
Managing Member of the General Partner
Jay Kahn
Executive Officer · Palo Alto, CA
Managing Member of the General Partner
Questions About Light Street Beacon Principals I, L.P.
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is Light Street Beacon Principals I, L.P.?
Light Street Beacon Principals I, L.P. is a Delaware limited partnership that filed a Form D with the SEC on January 14, 2019 as a venture capital fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1) for an offering of pooled investment fund interests.
Is Light Street Beacon Principals I, L.P. legit?
AltStreet does not rate legitimacy; it reports the public record. Light Street Beacon Principals I, L.P. filed a Form D with the SEC on January 14, 2019 claiming Rule 506(b), Section 3(c), Section 3(c)(1). A Form D is a notice of an exempt offering, not a review or approval of it. No sales had been reported as of that notice. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is Light Street Beacon Principals I, L.P. registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Light Street Beacon Principals I, L.P. claimed Rule 506(b), Section 3(c), Section 3(c)(1) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has Light Street Beacon Principals I, L.P. raised?
Light Street Beacon Principals I, L.P. reported that the first sale had not yet occurred as of the Form D filed January 14, 2019, so no amount sold or investor count is on file. The total offering amount is $20,000,000.
Who can invest in Light Street Beacon Principals I, L.P.?
The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(1), it may have no more than 100 beneficial owners. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.
What is the minimum investment in Light Street Beacon Principals I, L.P.?
The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.
Who is selling Light Street Beacon Principals I, L.P. and how are they paid?
The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly.
Who is behind Light Street Beacon Principals I, L.P.?
The Form D lists 2 related persons: Glen Kacher, executive officer (Managing Member of the General Partner); Jay Kahn, executive officer (Managing Member of the General Partner). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Light Street Beacon Principals I, L.P. located?
The issuer's address on its SEC filings is 525 University Ave, Suite 300, Palo Alto, CA 94301. Its phone number of record is (650) 234-1640. It is organized under the laws of Delaware.
How long is the Light Street Beacon Principals I, L.P. offering open?
The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.
How large is Light Street Beacon Principals I, L.P.?
The Form D reports a revenue range of Not Applicable.
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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.