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Fundraising

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

Asked by:
Community Member
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0
1
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?
1 answer
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.

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