Using Decile Hub

Currently, adding funds through the platform by yourself is not supported. Could you please share why you need to add a second fund? Understanding your specific needs will help us provide the best possible assistance. For example, if you...

Currently, adding funds through the platform by yourself is not supported. Could you please share why you need to add a second fund? Understanding your specific needs will help us provide the best possible assistance. For example, if you're looking to fundraise for an SPV, setting up an additional SPV pipeline under our Fundraising section might be a more efficient solution than creating a new fund. Please note, we generally recommend waiting until your first fund is fully closed before adding a second one. If a second fund is essential at this stage, we can assist in setting this up for you, ensuring it aligns correctly with your goals.

User variables are data points that users create and define for specific needs. They can represent a variety of information such as a URL, a name, a date, or any other specific data that the user wants to use regularly. These variables c...

User variables are data points that users create and define for specific needs. They can represent a variety of information such as a URL, a name, a date, or any other specific data that the user wants to use regularly. These variables can be inserted into email templates or documents, and they will be auto-populated with the relevant data when used. System variables are predefined data points set by the system. They represent common pieces of information that are frequently used, such as a prospect's name, a firm's name, or a link to a deck from a data room. These variables are automatically populated with the relevant data when used in emails or documents, streamlining the process of personalizing communications or documents. To summarize, the main difference between user variables and system variables lies in their creation and purpose. User variables are created by users to meet specific needs and can be customized based on the information they want to use regularly. On the other hand, system variables are predefined by the system and represent common pieces of information that are frequently used across different users. While both types of variables are auto-populated with relevant data when used, user variables offer more flexibility as they can be tailored to individual user requirements.

We are reworking this system to make it better, however, there is a workaround in the meantime that provides direct access to files through a variable to your pipeline prospects.  1. go to your folders, let's use Sample-Capital-DataRoom,...

We are reworking this system to make it better, however, there is a workaround in the meantime that provides direct access to files through a variable to your pipeline prospects.  1. go to your folders, let's use Sample-Capital-DataRoom, as the example: https://sample.decilehub.com/data_room/folders/RnelPZGq 1. that is a dud URL i just created 2. go to the folder file you want to share in a new tab let's use "Sample-v2024-04-22" as the example 1. right click on "Presentation" click "open in new tab" 2. click on  Sample-v2024-03-22.pdf 3. you will see this as your URL: https://sample.decilehub.com/data_room/folder_files/3N9VgRnZ 3. click the carat ">" next to Fundraising in your navigation 4. right click on LP Emails, "Open in new tab" 5. you now have three tabs, the folder, the file, and an email template writer 6. in the body of your email template if you would like to send an email to someone to receive a single file you will type the following exactly 1. [[data_room.Sample-Capital-DataRoom/folder_file=3N9VgRnZ]] 2. where "Sample-Capital-DataRoom" is the name of the parent folder from step 1 3. where "3N9VgRnZ" is the path from the file URL in step 2.3 7. When you send this to a prospect in your pipeline they will receive the following in their email 1. https://sample.decilehub.com/data_room/preview/1bvZaNd37-T3St5-lLvbs-T0JwTJ?file=3N9VgRnJ 2. This will take them directly to the file you are looking to share

Tags are great for this use case. Also, you can setup a Meeting stage where you can move LPs that you have met with. 

Tags are great for this use case. Also, you can setup a Meeting stage where you can move LPs that you have met with. 

The API is only generally available for Decile Partners at the moment. We'll have some more options for using the API soon. Find out more about starting a relationship with Decile Partners here

The API is only generally available for Decile Partners at the moment. We'll have some more options for using the API soon. Find out more about starting a relationship with Decile Partners here

Note: We are aware that these settings are a little bit hidden right now, and plan to have a more unified place to change them and see how they appear in the future. Currently, these fields can be set by going to decilehub.com/firm_admi...

Note: We are aware that these settings are a little bit hidden right now, and plan to have a more unified place to change them and see how they appear in the future. Currently, these fields can be set by going to decilehub.com/firm_admin/firms , and then clicking the edit icon next to the desired Fund: [image.png] This will open a slideover panel where you can set fields such as Fund Thesis, Fund Description, and if you scroll down a little bit you should also see News. Fund Managers: This data is drawn from https://www.decilehub.com/team and lists team members with a title of "Managing Partner" or "General Partner". Failing that, it will list the account owner.

Please follow the steps below to find and use the Thesis Generator Tool in Decile Hub -1. Navigate to Settings in the left nav -2. Click on Entity Management -3. Now click on the edit button next to the fund you would like to develop a...

Please follow the steps below to find and use the Thesis Generator Tool in Decile Hub -1. Navigate to Settings in the left nav -2. Click on Entity Management -3. Now click on the edit button next to the fund you would like to develop a thesis for -4. Underneath the 'fund thesis' section click on 'Help me generate a thesis' -5. Fill out the form -6. Save the generated thesis directly into your Hub account Here is a short step by step instruction video demonstrating the aforementioned steps: https://www.loom.com/share/13648571454345e8a84d8701de9eab33

Decile Base is an AI-powered knowledge base designed specifically for the venture capital industry. This new product by VC Lab provides immediate responses to complex questions related to all facets of venture capital operations based on...

Decile Base is an AI-powered knowledge base designed specifically for the venture capital industry. This new product by VC Lab provides immediate responses to complex questions related to all facets of venture capital operations based on decades of Venture Capital experience and best practices from hundreds of new venture firm launches. The platform’s strength lies in its combination of a Quora-like Q&A system and a generative AI. This integration allows Decile Base to instantly deliver the answers assembled from a collection of >1,000 existing questions answered by industry professionals. If the answer is not available, then the question is posed to industry experts - as is the case with this question here. Decile Base is in BETA as part of Decile Hub, the top vertical SaaS platform for running venture capital firms. The BETA version is currently available for the VC Lab community and has seen fast adoption. With the system's integration to Decile Hub, it additionally has the ability to answer various topics related to using the Decile Hub Platform. It can provide guidance on functionality, data import, tutorials, additional services, thesis creation, deal review, and more for VC firms. This integration is designed to support users in a number of capacities and help them make the most of the Decile Hub Platform.

To update the "fund_details.close_at" variable in Decile Hub, you need to navigate to the Fund Admin section called "Entity Management" in the Back Office. However, this section is only available to Decile Partners customers. Lastly, to ...

To update the "fund_details.close_at" variable in Decile Hub, you need to navigate to the Fund Admin section called "Entity Management" in the Back Office. However, this section is only available to Decile Partners customers. Lastly, to clarify, the "fund_details.close_at" variable normally does not get shown in the PACT email template, unless one adds that variable manually to it.

Decile Hub API keys are available from Hub Settings > API > API Tokens Not all Hub users have access to the API. If you are on a free Hub plan and want to upgrade to be able to use the API, contact your account rep or support.

Decile Hub API keys are available from Hub Settings > API > API Tokens Not all Hub users have access to the API. If you are on a free Hub plan and want to upgrade to be able to use the API, contact your account rep or support.

Thank you for sharing your feedback with us! We'll definitely keep it in mind for future updates to improve the directory. If you have any more suggestions or questions, feel free to reach out anytime.

Thank you for sharing your feedback with us! We'll definitely keep it in mind for future updates to improve the directory. If you have any more suggestions or questions, feel free to reach out anytime.

Currently, external users cannot directly upload files to a Decile Hub data room. If you need an external user to contribute a file, they would need to send it to an internal user who could then upload it to the Data Room. However, your ...

Currently, external users cannot directly upload files to a Decile Hub data room. If you need an external user to contribute a file, they would need to send it to an internal user who could then upload it to the Data Room. However, your suggestion for allowing external users to upload files directly to a data room is valuable and has been noted for potential future enhancements. For now, sensitive information should be securely shared via email, or other secure methods, before being uploaded to the data room.

The max file size for uploading a file to a data room / folder is 20MB.

The max file size for uploading a file to a data room / folder is 20MB.

Update: The email template you're referencing was part of the previous iteration of the Deals pipeline. Thanks for raising the issue, apologies for the misconfiguration. This particular problem will no longer be an issue for newly create...

Update: The email template you're referencing was part of the previous iteration of the Deals pipeline. Thanks for raising the issue, apologies for the misconfiguration. This particular problem will no longer be an issue for newly created accounts, but other accounts created with your same cohort may have the same issue occur.

This error may be due to an issue with the formatting or content of your CSV file. Try opening the file in Google Sheets and then downloading it as a CSV file again. This process can often resolve any hidden formatting issues. If the pro...

This error may be due to an issue with the formatting or content of your CSV file. Try opening the file in Google Sheets and then downloading it as a CSV file again. This process can often resolve any hidden formatting issues. If the problem persists, consider checking the file for any special characters or non-UTF-8 compliant characters, especially on line 57 as indicated by the error message.

At the moment, Decile Hub doesn't feature a 'regret button,' but this might change in the future.

At the moment, Decile Hub doesn't feature a 'regret button,' but this might change in the future.

We've noticed a glitch in our system that's causing submissions from the Investment Inquiries Form to be routed to the wrong stage ("Added" instead of "Added by Investment Inquiries Form") for newly created Hub accounts. Our team is act...

We've noticed a glitch in our system that's causing submissions from the Investment Inquiries Form to be routed to the wrong stage ("Added" instead of "Added by Investment Inquiries Form") for newly created Hub accounts. Our team is actively working on fixing this bug, and we'll keep you posted on the progress. We apologize for any inconvenience and appreciate your patience. Thanks for your understanding.

In this Loom instruction video Travis demonstrates, step-by-step, how to grant a pipeline prospect direct access to a specific data room folder, bypassing the default authentication process that typically requires logging in. He begins b...

In this Loom instruction video Travis demonstrates, step-by-step, how to grant a pipeline prospect direct access to a specific data room folder, bypassing the default authentication process that typically requires logging in. He begins by navigating through the left-side files section, explaining the conventional folder permission settings that usually necessitate user detail entry for access. Following this, Travis shows how to modify an email template in the "LP emails" section, incorporating a direct link to the data room. The process includes selecting an appropriate email template, adding a "Docs here:" prompt within the email body before the link, and saving the changes. Although this link defaults to the standard authentication method, it enables direct folder access when sent to a prospect through the customized email template. Travis wraps up by showing how sending a test email to yourself, then using the link from this email, allows you to enter the data room directly without encountering the login screen. This method effectively streamlines access for key contacts, demonstrating its utility.

Currently, Decile Hub does not have a dedicated newsletter functionality. However, you can send emails to multiple recipients by either having everyone in a pipeline stage where the next action is to send the email or by manually selecti...

Currently, Decile Hub does not have a dedicated newsletter functionality. However, you can send emails to multiple recipients by either having everyone in a pipeline stage where the next action is to send the email or by manually selecting up to 50 prospects at a time. Please note that there is a daily limit of 500 for the total number of emails you can send. A true newsletter functionality is planned for future implementation.

1. To edit the link for your pitch deck, go to the Data Room / Folder where your deck is located and find the deck file.  2. Click on the paperclip symbol next to the deck file's name and click "Copy file URL to share". This will copy th...

1. To edit the link for your pitch deck, go to the Data Room / Folder where your deck is located and find the deck file.  2. Click on the paperclip symbol next to the deck file's name and click "Copy file URL to share". This will copy the link.  3. Then, go to Entity Management (found on the left-hand-side panel under "Settings").  4. Click "edit" to the right of your fund 5. "Fundraising Deck URL" is below Fund Thesis.  6. Paste the copied deck link into the field and click the Save button. 7. Now, whenever you send an email with the deck url variable, it will automatically pull the deck from your Data Room / Folder.

The Setup Checklist is seen on your Dashboard.  you can get here from three locations 1. Go to {{YOUR_SUBDOMAIN}}.decilehub.com/dashboard 2. At the bottom of the left nav is a link to "Dashboard" 3. In the green banner at the top, if yo...

The Setup Checklist is seen on your Dashboard.  you can get here from three locations 1. Go to {{YOUR_SUBDOMAIN}}.decilehub.com/dashboard 2. At the bottom of the left nav is a link to "Dashboard" 3. In the green banner at the top, if you still have steps to complete, you will see your progress, you can click this banner If you still have steps to complete for setup, the checklist will be at the top of your dashboard. For more information on setting up your Decile Hub Instance, you can also review this Base Question

1. Begin by clicking on your profile picture located in the top right-hand corner of the screen. 2. From the dropdown menu that appears, select "edit profile." 3. You will now see an open field labeled "Email Signature" where you can inp...

1. Begin by clicking on your profile picture located in the top right-hand corner of the screen. 2. From the dropdown menu that appears, select "edit profile." 3. You will now see an open field labeled "Email Signature" where you can input your desired email signature. 4. Once you've filled in your email signature, simply click on the green "Save changes" button.

New Managers need to develop a Thesis, form a team, complete initial fundraising, finish a first close, finalize fundraising, and deploy the capital. These activities are completed in a series of fund lifecycle phases, which are outlined...

New Managers need to develop a Thesis, form a team, complete initial fundraising, finish a first close, finalize fundraising, and deploy the capital. These activities are completed in a series of fund lifecycle phases, which are outlined below. Inception Phase The inception phase is when the Thesis and team are developed. Initial Fundraising Phase The initial fundraising phase is when the initial LPs are secured, normally 1st and 2nd degree connections First Close Phase The first close phase is when there is enough commitments to start a first closing, which is normally at least 10% hard circled and 10% soft circled, totaling at least $2 MM Final Fundraising Phase The close fundraising phase is when the managers are simultaneously closing the fund while also running hte fund Deploying Phase The deploying phase is when a fund is fully closed, calling capital from limited partners to make investments into Thesis aligned startups

When asking a question in Decile Hub, try to be as specific as possible, and phrase the query as a question. You can also provide context to help the AI give better answers. For example, "I just completed a first close on my fund with $2...

When asking a question in Decile Hub, try to be as specific as possible, and phrase the query as a question. You can also provide context to help the AI give better answers. For example, "I just completed a first close on my fund with $2.5 MM committed of $5.0 MM target fund size. How much capital should I call?" You can also as Decile Base for guidance and advice, such as, "I have a limited partner who is hesitating to sign my LPA, what should I do?" Try some harder questions or ask about tricky situations in venture. Decile Base has a surprising range of capabilities.

To reimburse your $5,000 Decile Partners retainer, please feel free to initiate the transfer from the fund to your personal account once the funding for the capital call is received.

To reimburse your $5,000 Decile Partners retainer, please feel free to initiate the transfer from the fund to your personal account once the funding for the capital call is received.

After opening a new Hub account, follow these steps for a clean setup: 1. Connect your email account: Go to the Integrations page located under your profile picture (top right-hand corner). Click on 'Sign in with Google' or 'Sign in wit...

After opening a new Hub account, follow these steps for a clean setup: 1. Connect your email account: Go to the Integrations page located under your profile picture (top right-hand corner). Click on 'Sign in with Google' or 'Sign in with Microsoft' and follow the instructions. This improves email deliverability and visibility. 2. Set up your personal profile: Go to the 'Edit Profile' page located under your profile picture (top right-hand corner). Complete this profile as much as possible. Be sure to add your calendar URL as that will be very important for setting up meetings with LPs and Founders. 3. Set up your firm profile: Navigate to 'Settings' > 'Firm' on the left-hand-side panel and fill out your Firm Profile. Here, you can also change your subdomain if needed.  4. Invite your team: Navigate to 'Settings' > 'Team' on the left-hand-side panel. Click on the 'Invite New Teammate' button in the top right corner. Fill in all the required fields and set the user's permissions using the permissions toggles. 5. Test your setup:  1. Navigate to 'Fundraising' where you are automatically taken to 'Manage LPs'.  2. Click on the 'Add Prospect' button in the top right corner.  3. Here you will add yourself and a test email which you can do by adding '+test' to the end of your address: name+test@gmail.com. Click Save. 4. You should see yourself pop up in the first stage called 'Added'. To see all stages, check the box 'Show all groups' above the 'Name' 'Search' objects.  5. In the fourth column you should see 'Send email', click that button and an email window will appear. 6. Your test name should appear in the 'To' row. 7. In the row 'Email template' select the first item in the drop down '1.1 Introduction: Hello' 8. If anything shows up in red text then your firm or personal profile are incomplete. Ask Decile Base on how to update that, for example, if you see 'global.fund_thesis' in red, then you are missing a thesis so you will ask Decile Base "Where can I add my Thesis?" 9. If everything looks good, Press 'Send Email' 10. In your inbox, you should an email from yourself. If anything looks off or you did not receive the email, please post your question to the Hub Support Channel on Decile Base 6. Import your contacts: If you have a large external list of prospects, use the import tool to import contacts from a CSV file into Decile Hub. You can import people into the People Directory or a specific pipeline. 7. Upload a Deck: Click on the blue '+' in the bottom right corner, and then select 'Upload Files'. You can either browse for the file on your computer, or if the folder is already open, you can simply drag and drop the deck file onto the Decile Hub screen. 

Decile Base can provide answers on a variety of topics related to using Decile Hub, including: Some starter questions to help your experience from within your account: At a high level see what it can do for you, with something like "Wh...

Decile Base can provide answers on a variety of topics related to using Decile Hub, including: Some starter questions to help your experience from within your account: At a high level see what it can do for you, with something like "What can I ask here?" Decile Base can support you within hub in a number of capacities: 1. Functionality: Decile Base can explain the various tools and features available in Decile Hub, such as CRM, data rooms, digital signing, deal tracking, and back-office tools. 2. Data Import: Decile Base can guide you on how to import data into Decile Hub, such as exporting a CSV from Airtable and then importing it into Hub. 3. Tutorials: Decile Base can direct you to tutorial videos and support answers for using Decile Hub. 4. Additional Services: Decile Base can provide information on additional services available to Decile Start, Decile Launch, and Decile Partners members and how to access them. 5. Signature Process: Decile Base can explain how and where Decile Hub manages the signature process for PACTs, LPAs, term-sheets, and more signature functions. 6. Investment Inquiries: Decile Base can guide you on how to make investment inquiries through Decile Hub. 7. Access and Permissions: Decile Base can answer questions about accessing Decile Hub, connecting new users, and managing permissions. 8. Deal Review: Providing information about a potential deal, Decile Base can help evaluate and provide some considerations for negotiation if needed. 9. Feature Requests: Decile Base can direct you to the appropriate channel to share feature requests for Decile Hub. From here you can go deeper with specific needs: • Email Support: "Can you help me draft an email to Venture Partners?" • Import Support: "I'm migrating my LPs and Deals from Airtable, how should I proceed for importing that data to my Fundraising and Deals Pipelines?" • Platform Setup: "How do I add an email signature to my account?" • Platform Guidance: "How do I use Hub to manage LPs?" • Platform Growth: "What are the next steps for a new manager?" • Offer Support: "Say you have 2 offers: Offer 1: Pre-Money Value of $10 million, $5 million investment, 10% Post-Money Option Pool OR Offer 2: Pre-Money Value of $11 million, $5 million investment, 20% Post-Money Option Pool.  Which is the “better” offer for the founders and can you explain why conceptually and mathematically??

Decile Group has developed this Valuation Policy for the VC Lab community. The policy has been adopted by the majority of Decile Partner firms. 

Decile Group has developed this Valuation Policy for the VC Lab community. The policy has been adopted by the majority of Decile Partner firms. 

Decile Hub is free for participants of the VC Lab accelerator. In 2024, Decile Hub will be opened up to the public. The product will continue have a robust free offering, and there will also be premium SaaS package for some additional fe...

Decile Hub is free for participants of the VC Lab accelerator. In 2024, Decile Hub will be opened up to the public. The product will continue have a robust free offering, and there will also be premium SaaS package for some additional features, including an AI Advisor. The exact pricing will be announced at a future date. 

Enduring VC Firms work with specialized VC tax firms to produce documentation like K-1s for each of their LPs. It's very important that there is a separation between the tax firm and the fund administrator to reduce potential conflicts o...

Enduring VC Firms work with specialized VC tax firms to produce documentation like K-1s for each of their LPs. It's very important that there is a separation between the tax firm and the fund administrator to reduce potential conflicts or ethical dilemmas that may come up during this process. Once the K-1s are prepared by the tax firm they get shared with the Decile Partners tax group for review. This way, there is a check and balance prior to distribution to LPs. Finally, the tax documents are added in the LP's portal by uploading them in the appropriate Decile Pro Folders in the Files section in Hub. The LP can the download the K1s and various reports at decilepro.com.  

There is currently no feature to set up a custom agreement and have it electronically signed via Hub (from the customer/user side) - however we are currently exploring this kind of capability. A third-party electronic signature solution ...

There is currently no feature to set up a custom agreement and have it electronically signed via Hub (from the customer/user side) - however we are currently exploring this kind of capability. A third-party electronic signature solution is probably easiest for now. 

The financial statement reports do not include a Cash Flow Statement. With that being said, a Cash Flow Statement can be produced within Hub and exported if needed.

The financial statement reports do not include a Cash Flow Statement. With that being said, a Cash Flow Statement can be produced within Hub and exported if needed.

Please refer to the the Decile Hub Privacy Policy and Terms of Use for more details. Perhaps more importantly however, the Decile Group organization abides by the principles of the Mensarius Oath and we take this responsibility very seri...

Please refer to the the Decile Hub Privacy Policy and Terms of Use for more details. Perhaps more importantly however, the Decile Group organization abides by the principles of the Mensarius Oath and we take this responsibility very seriously. We do periodic audits, and these efforts will continue to increase as we scale the platform. 

Not yet. There are several privacy, ethical and business issues with this approach that would need to resolved before rolling a feature like this out. For example, the portfolio company many not want this to occur because they typically ...

Not yet. There are several privacy, ethical and business issues with this approach that would need to resolved before rolling a feature like this out. For example, the portfolio company many not want this to occur because they typically want to control this information. Also, though there is standardization with regards to the valuation policies of Decile Partner firms, that's not the case for other firms.

Most investments are in USD, so use USD. Use CAD if you are primarily planning to invest in CAD in Canadian startups, raising primarily from Canadian LPs.

Most investments are in USD, so use USD. Use CAD if you are primarily planning to invest in CAD in Canadian startups, raising primarily from Canadian LPs.

Decile Hub manages the signature process for members of Decile Launch and Decile Partners.  Venture capital funds do not use a SHA. Limited partners sign a Limited Partner Agreement, or LPA. They normally also sign a Subscription Agreem...

Decile Hub manages the signature process for members of Decile Launch and Decile Partners.  Venture capital funds do not use a SHA. Limited partners sign a Limited Partner Agreement, or LPA. They normally also sign a Subscription Agreement, which is not required when using the Cornerstone LPA.  

As a manager, you need to reach out and secure updates from portfolio companies and prospective portfolio companies on a regular basis. Decile Hub has CRM tools to manage this easily. A release is currently being developed to automatical...

As a manager, you need to reach out and secure updates from portfolio companies and prospective portfolio companies on a regular basis. Decile Hub has CRM tools to manage this easily. A release is currently being developed to automatically check in on portfolio companies every quarter to get an update through a form, and the form submission by the portfolio company will automatically update data in Hub.

A common approach is for you to request the data room from the company and do your diligence from their systems. Another approach is to customize your Investment Inquiries form. It allows for document uploads etc..

A common approach is for you to request the data room from the company and do your diligence from their systems. Another approach is to customize your Investment Inquiries form. It allows for document uploads etc..

Deal Memos are dynamic documents that evolve as more information about a potential investment becomes available. It is not necessary to upload a term sheet, but it can be added as it becomes available (the Attachments and Links tab).

Deal Memos are dynamic documents that evolve as more information about a potential investment becomes available. It is not necessary to upload a term sheet, but it can be added as it becomes available (the Attachments and Links tab).