Matt Hershenson is listed as a director on 14 SEC Form D filings by 11 issuers between Apr 2015 and Dec 2023. Largest by amount reported sold: Playground Ventures, L.P. (Los Altos, CA — pooled investment fund — 2015; $242.4M reported sold to 5 investors), Playground Global, LLC (Palo Alto, CA — pooled investment fund — 2015–2017; $54M reported sold to 7 investors), Playground Acquire, L.P. (Palo Alto, CA — pooled investment fund — 2022; $30.7M reported sold to 4 investors), Sparta Software Corp (San Francisco, CA — other technology — 2019; $17.1M reported sold to 20 investors), Playground Compute, L.P. (Palo Alto, CA — pooled investment fund — 2021; $10M reported sold to 1 investors) and 6 more (all listed below).
What this means That is a lot of deals — 11 separate companies raised money with this person listed as director, over about 8 years. Across those companies the filings report $363.8M sold in total.
9 of the issuers belong to the sponsor group Playground (21 issuers, $1.27B reported sold, 2015–2026).
What this means A sponsor group is one team that sets up a new company for each deal. Playground has 21 companies on file and $1.27B reported sold in total — the group page shows the whole track record in one place.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AZ, CA, DE, TX, WA) — none found.
What this means Nothing turned up where we looked (3 sources). That does not prove there is nothing — it means none was found in those sources on that date.
We compared 14 public filings for Matt Hershenson and found 8 differences: Form D filed 49 days after the first sale; Form D filed 41 days after the first sale; and more below.
What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.