"Shalon Ventures" is the trade name for an organization of separate legal entities including Shalon Ventures L.P., a California limited partnership, Shalon Ventures Inc., a California corporation, and Shalon Ventures Research LLC, a California limited liability company. Each of these entities is separate and distinct and carries out different activities. Shalon Ventures L.P. is a passive investment vehicle. Shalon Ventures Inc. is the general partner of Shalon Ventures L.P. Shalon Ventures Research LLC is an independent research organization. The entities do not share their assets and liabilities.