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Can I invest in SPVs using my VC fund?

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May 14, 2024

Could my venture capital fund be utilized for investments in Special Purpose Vehicles (SPVs)? Could I invest in pass-through entities like Special Purpose Vehicles (SPVs) through my venture capital fund?

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Investing in Special Purpose Vehicles (SPVs) should generally be avoided due to several potential consequences: 1. Tax extension for LPs: If you proceed with an SPV investment, you'll likely need to request that your Limited Partners (L...

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No, it doesn't work like this. Assume carry is 100%, irrespective of fund size. When you give carry to a VP, it's a % of 100%. So, if you decided to give a VP 5% it will be 5% of 100% of the carry. This has nothing to do with the fund si...

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How do I add a second fund in our Decile Hub?

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May 09, 2024

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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...

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It's ok to encourage LPs and VPs to make introductions to LPs. There is no way to require any LP or VP to have one of their connections invest in the fund, however. 

 -  Mike Suprovici
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Exit of fund before startups have liquidated

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May 04, 2024

One of the LPs asked me what happens if a company has not exited by the time the fund closes (if it is a ten year fund and a startup we have invested in hasn't had an exit) - what is the response? How do we disperse funds if the startups are still...

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Most funds will request a 1 or 2-year extension at that point. Then, you may distribute the equity back to LPs or you may chose to liquidate in the secondary markets. 

 -  Mike Suprovici
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Add video to PACT

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Community Member
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May 03, 2024

I'm trying to use the video feature in the PACT but it doesn't work. I have uploaded it into Hub and also tried it directly from YouTube. Has something changed? Am I doing something wrong here?

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I'm sorry to hear that you're experiencing difficulties with the video feature on your PACT form. I've tested it in my own sandbox account, and it worked fine. Could you please confirm whether you followed these steps: navigate to Fundra...

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He can disclose that he is advising your new firm and the time commitment that he will dedicate.

 -  Mike Suprovici
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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...

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How can I set variables besides Percentage in automations?

Asked by:
Community Member
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Apr 28, 2024

I have a variable to track that we have verified the prospect is accredited.  I want to set that to go to the next stage in an automation. But the only variable I can set is Percentage.  Please advise. [image.png]

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Great suggestion. We're currently working on expanding the categories for "setting a variable" beyond % probability and will notify everyone here in the Decile Base community once additional options are available.

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How do I link to a file in an email template? The instructions for folder / files says you can link to files, but in the panel I only see folders

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Apr 27, 2024

“Files refer to the links or variables that can be added to the body of the email. These links or variables direct the recipient to specific files or data rooms when clicked. Data rooms are essentially folders where you can store and share files w...

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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,...

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What field or variable are we supposed to use to document that we have met the potential LP and that we are confident they are accredited?

Asked by:
Community Member
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Apr 27, 2024

This is important to document that we are not doing a general solicitation.

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

 -  Mike Suprovici
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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

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There are no standards for returns in VC, because venture is an outlier business. This is also why most of the data online is not great, especially at the pre-seed or seed level.  If LPs are asking your for this info, you're in a bad pl...

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How do I get a PACT signed faster?

Asked by:
Community Member
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Apr 24, 2024

Top answer:

To achieve quicker PACT signings, it's crucial to implement strategic targeting and streamline the interaction process with potential Limited Partners (LPs). Start by identifying the right LPs based on their investment size: small (Angel...

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A manager may decide to set up a “Parallel Fund” in order to accommodate the needs of certain limited partners that have tax, regulatory or other issues in investing in the primary fund.  For example, a non U.S. limited partner may want...

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How do I set the fund information fields that shows up in Decile Pro?

Asked by:
Community Member
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Apr 22, 2024

How can I set the fields that show up in Decile Pro, such as: • Thesis • Description • News

Top answer:

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...

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/base/16-thesis-and-presentation/2367

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Community Member
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Apr 21, 2024

Can you help refine this thesis: "Hacer Partners is launching a $2.5m venture studio/accelerator fund in Chicago, USA to back working mom's start-up founders in North America leveraging on the partner's 15 year experience as a working mum operatin...

Top answer:

Venture Studios and accelerators are very different approaches, so pick one. Also, from an LP's perspective, you need to show that you've been successful at helping or investing in working moms who have created large companies. Being an ...

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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...