SV Angel Invested $30M In Pinterest Secondary Sale

Last week we reported on an SEC filing of a new $30 million raise for SVAngel, for a fund called SV Angel-III Growth P. We've since heard from multiple sources that this $30 million is a Special Purpose Vehicle for SV Angel, specifically reserved to buy secondary shares in Pinterest for existing LPs. We've also confirmed with SVAngel co-founder David Lee that this is indeed the case.