0
Fundraising

Is it better to target a $5M fund and potentially oversubscribe to $10M, allowing room for failure?

Asked by:
Community Member
1
0
0
May 03, 2023
If I'm targeting $10M fund 1 but could reasonably carry out my investment thesis with a $5M fund, does it make more sense to state I'm raising a $5M fund and try to oversubscribe to ~$10M giving myself some room for failure?
1 answer
Accepted Answer
May 03, 2023
Yes. You should set a lower target and over subscribe. Fund models scale up well, but don’t scale down.

Log In or Sign Up

Please Log In, or Sign Up to participate in the discussion.

Apply to VC Lab Cohort 15

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 15