{
  "crd_number": 338509,
  "slug": "output-capital-management-llc-palo-alto-ca-338509",
  "primary_business_name": "OUTPUT CAPITAL MANAGEMENT, LLC",
  "legal_name": "OUTPUT CAPITAL MANAGEMENT, LLC",
  "dbas": [],
  "city": "Palo Alto",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41940",
  "metro": {
    "cbsa_code": "41940",
    "common_name": "San Jose",
    "msa_name": "San Jose-Sunnyvale-Santa Clara, CA",
    "path": "/advisors/ca/san-jose"
  },
  "registration_type": "exempt",
  "registration_status": "ERA - Active",
  "registration_date": "2026-03-18",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-03-18",
  "carried_forward": false,
  "raum_total": null,
  "raum_discretionary": null,
  "raum_non_discretionary": null,
  "raum_band": "not_reported",
  "raum_band_label": "Not reported",
  "total_employees": null,
  "advisory_employees": null,
  "client_count_bucket": null,
  "clients_by_type": null,
  "compensation_types": [],
  "advisory_activities": [],
  "wrap_fee_participant": null,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://heroicvc.com",
    "https://linkedin.com/company/heroicventures",
    "https://outputcap.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/338509",
  "city_as_filed": "PALO ALTO",
  "url": "https://advisorcensus.com/firm/output-capital-management-llc-palo-alto-ca-338509",
  "display_name": "Output Capital Management, LLC",
  "summary": "Output Capital Management, LLC is an exempt reporting adviser in Palo Alto, CA, filing reports since 2026. Exempt reporting advisers do not report regulatory assets under management on Form ADV.",
  "citation": "AdvisorCensus. Output Capital Management, LLC (CRD 338509): Form ADV filing data as of October 2026.",
  "registration_type_label": "Exempt reporting adviser",
  "compensation_labels": [],
  "advisory_activity_labels": [],
  "quick_answers": [
    {
      "q": "Where is Output Capital Management, LLC located?",
      "a": "Output Capital Management, LLC's principal office is in Palo Alto, CA, according to its Form ADV."
    },
    {
      "q": "How does Output Capital Management, LLC report to regulators?",
      "a": "Output Capital Management, LLC is an exempt reporting adviser, filing reports since 2026. Exempt reporting advisers file a shorter Form ADV. Status as filed: ERA - Active. CRD 338509."
    },
    {
      "q": "Does Output Capital Management, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/338509"
    },
    {
      "q": "What changed in Output Capital Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Began filing reports as an exempt reporting adviser."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Began filing reports as an exempt reporting adviser."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/output-capital-management-llc-palo-alto-ca-338509.md",
  "clients": [],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/338509",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}