Can I be a GP in another fund if I already have my own fund?
I understand this is dependent on the LP agreement. Just curious about a rough time frame.
Trying to understand if there are any scenarios where having the fund and LPA domiciled in the State of Delaware has any disadvantages?
I am curious about the adoption of the LPA and who uses it. It is a standard form in venture capital or only used by decile hub and its partner? Thank in advance Natacha
I was reading the LPA and had this question. It would be great if someone could share some insight or experience. Thanks!
I believe the question says everything. Is there any best practice?
Many contracts in Delaware include clauses that exclude or limit consequential damages. Courts will generally enforce these limitations, but the specific language used is crucial. https://info.dechert.com/10/8352/landing-pages/like-bigfoot--a-clear-and-settled-definition-of--consequential-damages--remains-elusive.asp?sid=d79f0805-0041-47fc-8610-79df273d094e
When exploring the geographic area of the LPs we focus on while based in the Netherlands, AI suggested we could expand our view to all European LPs if we obtain the EUVECA designation.
BOI reporting is due by the end of this year (2024), and I can't remember if VC/PE funds are exempted from having to file. Are all of the entities (e.g. ManCo, GP, and LP) exempted or do we have to file for all of them? Thank you.
Where can I find a sample of venture share agreement for deal by deal? At this link (https://govclab.com/venture-share/) it says to ask for VC Lab for such a sample not readily available there. Thanks.
We have several SAFE's as investments in a company. Virtually all of the capital has been put in by our group. What rights do we have as SAFE holders if there are issues or concerns with management actions? If you were the investor in this entity, how would you approach this situation?
Our fund's investor demographic will include US and Southeast Asians. What regulatory regime would be most favorable given the diversity of our investors?
Would there be a way to access the draft of the compliance policy on this platform?
Here the ideal structure for a Venture Studio is laid out, showing 5 legal entities - (1) Management Company, (2) General Partner, (3) Limited Partner, (4) The Venture Studio / Accelerator (operations), and (5) An Individual Company (created by the Venture Studio / Accelerator). While researching, its been suggested that the Venture Studio operations (4) be created as an LLC with the individual companies (5) being incorporated as C-corps, though I'd like some validation or refutation of this.
Guessing if you can would need a .au domain I know crowdfunding is out as that is licensed, not that I would wan to do that.
I understand a law firm advising a venture fund should not also advise a portfolio company in that fund due to potential conflicts (especially with corporate counsel). One of our fund partners is also an attorney in a firm that does patent/trademark registration work. (The fund uses a different firm for legal counsel) With a specific scope on trademark registration, there seems to be little chance for conflict in that narrow scope -- more of a value-add. Is the answer the same regardless of the partner's firm association? Firm Partner, Fund GP, Venture Partner?
in re 2.5. in Cornerstone LPA
We want to raise money for our ManCo, and we want to understand the risks. We will structure it as an SPV in our name and let external investors join through the SPV; this way, there should be no implications for governance and the cap table. Is there anything else we need to consider? We have already spoken to a few fund managers who have done the same, and they said they did not face any issues with this structure.
Note that it may be important for him to list me or the firm at this point, to reserve a time allocation for activities with our firm.
Looking forward to any referrals for parties/advisors for fund setup in Cayman Islands.