Thank you Adeo, can you please elaborate on the last sentence? Does this mean that Venture Partner roles are typically offered to people to over-subscribe the fund i.e. once the entire funding is completed?
Jul 20, 2023 4:17am
Please review VC Lab's Venture Share agreement: https://govclab.com/2022/03/10/venture-share/ You can have VPs who can help with fundraising after you do 1st close. However, you can not compensate them based on money raised because that creates various broker dealer issues.
Jul 20, 2023 2:43pm