Submit
Log In Sign Up
Go to Venture Legal
Previous Question
Next Question
0
Venture Legal

Can Accelerator Portfolio Companies Be Moved to a New Fund Without Involving Passive Shareholders?

Asked by:
Community Member
1
0
0
May 03, 2023
On *Warehousing* ...Adeo Mike and anybody with experience in *Accelerator related funds*: If the passive shareholders of the *accelerator* are not necessarily LPs of the new fund were you able to move the portfolio/part of the portfolio to the new fund? And if so how (any suggestions)? Thanks!
1 answer
0
Mike Suprovici
Accepted Answer
May 03, 2023
It’s virtually impossible/very difficult for you to transfer an interest that you don’t own 100%.
Add a comment

Log In or Sign Up

Please Log In, or Sign Up to participate in the discussion.

Log In
or
Sign Up

Apply to VC Lab Cohort 16

Get full access to Decile Base and the Decile Hub venture platform for free by joining the VC Lab program.

Apply to VC Lab Cohort 16
Related Questions
Is it common that funds charge the startup investee a fee to cover for your due diligence costs? 1 May 03, 2023 Can we move an SPV to a fund? 0 May 03, 2023 How to Build a Track Record for Fundraising by Offering Advisory and Access in Exchange for Equity? 0 May 03, 2023 Is SBIC funding a viable option for venture? 1 Feb 07, 2024 What is a Partnership representative according to the fund terms of the cornerstone LPA? 1 Jul 10, 2024