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What is a Lead

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May 03, 2023
What is a Lead
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Accepted Answer
May 03, 2023
The investor who sets deal terms (which may include legal aspects) performs due diligence, organizes other investors. Best practice is for a lead to create a deal memo summarizing the key investment aspects of the opportunity. The lead usually, though not always is a significant (or largest) investor in the round, though minor investors also may take lead roles.

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