Hello all Which platform is cheaper efficient and LP friendly for forming a delaware fund? I have seen AngelList Carta and Allocations but dont know which is better. Any thoughts?
May 03, 2023
We don’t recommend any of the above platforms. AngelList and Allocations are designed for part-time investors or amateurs and Carta has various operational issues. Please do not engage with any of them, and don’t spend any time on this research until you have a minimum of 10% of your fund hard circled or $1m in PACTs whichever is greater. With regards to cost, this will be paid for by the fund (your LPs) as an organizational expense.