- The General Partner and the JWC Fund are both recently formed and have no or limited operating history. There can be no assurance that investors will recover their invested capital.
- The JWC Fund will lack sectorial diversification and, as a consequence, the aggregate return on investment in the JWC Fund may be substantially or completely adversely affected by the unfavorable performance of the e-commerce sector.
- In some cases, conventional valuation methods may be inappropriate or impossible to employ. There is no assurance that the valuation obtained by the JWC Fund for any investment will be able to provide returns for investors.
- The General Partner, the Fund Manager, and their affiliates may engage in a broad spectrum of investment and consulting activities.
- If the JWC Fund is undercapitalized and is not successful in attracting further investments in subsequent closings or if the Fund Manager is unsuccessful in launching successor funds, the JWC Fund may be forced to reduce the size of its operations, which could have an adverse impact on the ability of the General Partner and/or the Fund Manager to manage investments.