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Fundraising

Should We Provide a Local Investor with Delaware Fund Structure and Document Details for Review?

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Community Member
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May 03, 2023
One of our prospective investor want to know about the domicile jurisdiction fund structure and review the LPA & other agreements before he sign the PACT he is local. shall we provide the Delaware structure and documents?
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Mike Suprovici
Accepted Answer
May 03, 2023
Tell them that the PACT is non-binding and that you will share your data room with them after the sign a pact. Providing more info will not close the deal. It’s usually the opposite.
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