Ask AI
Log In Sign Up
Go to Fundraising
Previous Question Next Question
0
Fundraising

Can We Mention Our Prominent LP's Name to Attract More Investors in This Unique Situation?

Asked by:
Community Member
1
0
May 03, 2023
We got one new LP that is the most respected name in our niche space. Multiple potential LPs have asked if he endorses us. He would allow us to use his name when fundraising with others. Is that an edge case where we can mention the LP's name to others?
Top Repies
0
Mike Suprovici
Accepted Answer
May 03, 2023
No. First close them (money in the bank). Then, you may ask them for permission to use their name in future closes.
1 answer
0
Mike Suprovici
Accepted Answer
May 03, 2023
No. First close them (money in the bank). Then, you may ask them for permission to use their name in future closes.
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 18

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 18
Related Questions
In our pitch decks do we mention the % of LP commitments? 1 May 03, 2023 How to address LPs concern about the time to liquidity? 1 May 03, 2023 How do I handle LPs asking who else has invested in my fund without revealing names? 0 May 03, 2023 Gross Multiple on Invested Capital (MOIC): What assumptions underlie the projected gross MOIC, and how sensitive is the fund's performance to variations in this multiple? 1 Mar 26, 2025 Is the PACT template in accordance with European and/or US General Solicitation laws? 1 Mar 22, 2025

Decile Group Inc. uses cookies for our website to function properly; some are optional and help deliver a personalized and enhanced experience. By clicking "Allow all", you consent to store cookies on your device in accordance with our cookie policy. You can reject all non-essential processing by choosing to accept only necessary cookies. To learn more check Cookie Policy