Question about the target size of the first close: our plan was to hold a first close at the $2.5M (25%) commitment level. We have heard Mike and Adeo mention a 10% level several times. What is the current best practice for nano funds such as ours?
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What is the ideal first close target size for funds?
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Community Member
Edited by:
on July 21, 2023

Haw Kuo
1 answer
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