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Sprint 1 – OrientationFebruary 21st, 2024 – Introduce LPs to each other, familiarize them with the investment process, and grant access to necessary systems. Mentor: @Adeo Ressi February 23rd, 2024 – Working Group & Social Session Sp...

Sprint 1 – OrientationFebruary 21st, 2024 – Introduce LPs to each other, familiarize them with the investment process, and grant access to necessary systems. Mentor: @Adeo Ressi February 23rd, 2024 – Working Group & Social Session Sprint 2 – Venture OverviewMarch 6th, 2024 – Educate LPs about the fundamentals of venture capital and the specifics of LP investing. Mentor: Barry Eggers (Co-Founder of Lightspeed Venture Partners) March 8th, 2024 – Working Group & Social Session Sprint 3 – Venture ScoutingMarch 13th, 2024 – Guide LPs in selecting interesting industries and learning to scout top venture capital firms. Mentor: Joshua Berkowitz (Managing Principal at Berkocorp) March 15th, 2024 – Working Group & Social Session Sprint 4 – Venture DiligenceMarch 20th, 2024 – Teach LPs how to conduct due diligence on venture capital firms and begin evaluating initial selections. Mentor: David Weisburd (Co-Founder of 10X Capital) + @Marko Hara  (Decile Capital) March 22nd, 2024 – Working Group & Social Session Sprint 5 – Venture ToolsApril 3rd, 2024 – Equip LPs with tools and certifications necessary for venture investing and continue due diligence. Mentor: Chris Douvos (Founder at AHOY Capital) and @Mike Suprovici  (Head of Acceleration at Decile Group) April 5th, 2024 – Working Group & Social Session Sprint 6 – Venture SelectionApril 10th, 2024 – Prepare LPs to make informed investment decisions in venture firms and review their investment logic. Mentor: @Marko Hara  (Decile Capital) and Youngrok Kim (GREE LP Fund) April 12th, 2024 – Working Group & Social Session Sprint 7 – Venture LegalApril 17th, 2024 – Educate LPs about key legal concepts in venture investing and review legal agreements. April 19th, 2024 – Working Group & Social Session Sprint 8 – Venture ClosingApril 24th, 2024 – Guide LPs through the process of closing an investment, understanding capital calls, and supporting managers. April 26th, 2024 – Working Group & Social Session

The LP Institute is an 8-week online program built to teach Limited Partners (LPs) the process of investing in top venture capital managers. The program focuses on sourcing, conducting due diligence, and successfully closing on at least ...

The LP Institute is an 8-week online program built to teach Limited Partners (LPs) the process of investing in top venture capital managers. The program focuses on sourcing, conducting due diligence, and successfully closing on at least one investment. This hands-on approach ensures that participants not only learn the theoretical aspects of venture capital but also apply this knowledge to an investment. LP Institute Overview LP Institute Benefits LP Institute Curriculum

PPMs are not common for small emerging manager funds. They are typically more common in very large funds >$50M. The legal cost is not often justified for small fund sizes. Small emerging firms typically do not manage enough money to wher...

PPMs are not common for small emerging manager funds. They are typically more common in very large funds >$50M. The legal cost is not often justified for small fund sizes. Small emerging firms typically do not manage enough money to where the legal exposure would justify it.

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.

Most small funds can't have reserves. Reserves are viable around the $20m range. This is because, in many cases, just maintaining pro-rata in some of the winners can cost millions of dollars. So it's just not really viable for funds <$10...

Most small funds can't have reserves. Reserves are viable around the $20m range. This is because, in many cases, just maintaining pro-rata in some of the winners can cost millions of dollars. So it's just not really viable for funds <$10m and it's a sub-optimal strategy for Fund 1s. With Fund 1, you need to get it done, and move on to Fund 2 quick so that you're no longer a new manager. 

The Cayman Islands is an expensive and slow domicile, so it is not recommended to set up funds in the Caymans. A less expensive, less regulated, but also slow domicile is BVI, and Decile Partners can work to set a fund up there. Assume t...

The Cayman Islands is an expensive and slow domicile, so it is not recommended to set up funds in the Caymans. A less expensive, less regulated, but also slow domicile is BVI, and Decile Partners can work to set a fund up there. Assume that it will take four to six months to set up, and assume that you need a $10 MM or greater fund size to cover the various setup fees and annual fund administration expenses.

It's not that valuable from a sourcing or fundraising perspective. There is little benefit from being featured in CB Insights & PitchBook. They need your data for reporting reasons. 

It's not that valuable from a sourcing or fundraising perspective. There is little benefit from being featured in CB Insights & PitchBook. They need your data for reporting reasons. 

If by funding you're referring to SBIC investing in your fund, then the answer is no. However, it can be an option for your portfolio companies. 

If by funding you're referring to SBIC investing in your fund, then the answer is no. However, it can be an option for your portfolio companies. 

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 require...

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.

Generally speaking, avoiding conflicts of interest when introducing LPs to a deal a Fund has passed on (and where such deal is not within the Fund's thesis), would be accomplished by following these best practices: • Set up the LPAC (thi...

Generally speaking, avoiding conflicts of interest when introducing LPs to a deal a Fund has passed on (and where such deal is not within the Fund's thesis), would be accomplished by following these best practices: • Set up the LPAC (this is a relatively easy process); • Ask LPAC to evaluate and confirm that the deal is not within the Fund's thesis and that deal is okay to send to LPs; • Send deal to all LPs simultaneously without making an investment recommendation; • Remind LPs to do their own due diligence; • Ensure the Fund does not participate directly or indirectly after passing on the deal. Clearly documenting all of these above steps is key. 

If have reached this point, you probably have lost this LP and are unlikely to be able to turn them around. That being said, here is what this LP is missing. Unlike the asset classes that this LP is citing, there is a MAJOR difference be...

If have reached this point, you probably have lost this LP and are unlikely to be able to turn them around. That being said, here is what this LP is missing. Unlike the asset classes that this LP is citing, there is a MAJOR difference between an exceptional VC and an ok one. For example, an OK outcome is the 2.5x that this LP is citing. However, it's not uncommon for great VCs to deliver 10x+ returns. It's also not uncommon for exceptional new and emerging managers with small funds like yours to deliver even greater returns if they are able invest in the right company. For example, if you can participate in the pre-seed round of the next Uber, that investment alone will likely 10x+ your entire fund even if all the other investments go to 0.  What you must do in situations like this is to turn the LP from trying to compare asset classes, to discussing potential outlier companies that you may be able to get them into. 

Updates to the platform v24.2.2:• [Pipelines] Your Pipelines in Decile Hub now have some great new advancements with regard to data of each prospect. • Adding a new data point to a prospect can now be enabled to show as a column for qu...

Updates to the platform v24.2.2:• [Pipelines] Your Pipelines in Decile Hub now have some great new advancements with regard to data of each prospect. • Adding a new data point to a prospect can now be enabled to show as a column for quick overview of that data for all of your prospects. • These custom data points can be moved anywhere in the column stack depending on your viewing preference. • [Back Office] Decile Partners have a new investible capital dashboard available in your Back Office under "Fund Overview." • If you would like access to Back Office in your Hub please schedule a call with a partner. • [Logging In] Decile Hub, Decile Pro, Decile Base now uses a single sign.  • If you have both a Hub and Pro account under the same email, your Hub login is now used for Decile Pro. • If you have a Pro account, you can now post to Decile Base with that account. • If you have neither a Decile Hub or Decile Pro account, you can now sign up to the Decile Base community for free. • [Decile Base] We are increasing the functionality of Decile Base to provide more opportunity to further enable the community.  • Released this week: @mention an individual to send them a notification to their personal decile hub and email depending on their notification settings.  • [Forms] While a lesser used corner of the system, forms are increasingly more powerful and flexible than what was available at the end of the year. • Agreements where a single signature is needed are being built as templates: reach out to your partner to get early access to these agreement builders. • Electronic signatures directly within hub. For these single signature events, similar to your PACT signing process, an electronic signature can be captured directly from the Decile Hub Platform. Multi signatures coming soon! • Fields for your custom forms can be used to capture and populate data for any person or organization within your Hub platform. No more need to export form responses and join manually, we do that for you!  • Company submissions can populate their own details for data which is important to your diligence. This is carried with the organization through your workflow • Surveys and questionnaires to be sent to any person or organization for information gathering on feedback or other • Collaboration, Diligence with outside individuals. Sending a questionnaire to an individual who has experience relevant to the current focus of your diligence process can populate data.  This will be a continuing weekly series. If you have questions, ask them in the relevant week rather than starting a new question. Or reference the relevant week in the Using Decile Hub Channel

Question: My prospective LP wants to invest into my Fund out of a self-directed IRA. Can they do this? Yes - however, note that both the Fund and the LP must be set up with a Trust company (the same company!) that will act as Custodian...

Question: My prospective LP wants to invest into my Fund out of a self-directed IRA. Can they do this? Yes - however, note that both the Fund and the LP must be set up with a Trust company (the same company!) that will act as Custodian for the IRA before the investment can happen. Question: Sounds great - let's do this! Let's just call up Chase/Schwab (or another big name institution)... Whoa, wait a second! Most institutions: • Don't actually support this type of product any longer due to industry/market conditions (despite marketing materials or other claims); or • Don't actually understand VC and thus can't or won't set up your Fund to be able to accept such investments.  Question: What the heck does that mean? Getting down to brass tacks, it means that there are only a few vendors out there that support investing into a VC Fund from a self-directed IRA. We (Decile Group) can count them without even fully using one hand! We've tried to work with other vendors, but when we dig into the nitty gritty details, they simply don't/won't/can't on-board the Fund to be able to accept the investment. In one case, we got to the finish line, but it was a very painful and drawn-out experience for the prospective LP, the fund manager, and Decile!   Question: So....what do I do? Decile works with and recommends Strata Trust primarily - they are our default vendor when this comes up and understand VC Funds very well. If you are working with Decile Partners, simply reach out to your point of contact to get the ball rolling. Again please note BOTH the prospective LP and the Fund must be set up to be able to take this type of investment - this includes the prospective LP transferring their IRA to Strata. Question: Haha! ABC Trust Company that my LP has been with for XYZ years swears they can also do this, can we work with them?  It's not outside the realm of possibility, but Decile Partners will need to scope the services, and the process may stretch weeks or even months depending on ABC Trust Company's processes. We still strongly recommend going with Strata, as time is the enemy of all deals. Should you decide to explore ABC Trust Company's offerings anyways, please loop in your Decile Partners point of contact to assist in coordinating - and then prepare to wait for probably a while and for lots of back and forth. Question: Should I stick with one IRA Custodian then?  Generally speaking yes - it is common to stick with one custodian vendor for operational efficiency. Imagine trying to on-board and accommodate any and every vendor a prospective LP might bring to your door...

This is not on the roadmap at this time

This is not on the roadmap at this time

As of December 2024, Decile Hub has a full featured Newsletter tool. You can find it in the left nav of Hub. If for some reason you can't find the Newsletter in the left nav of your Hub, reach out via Hub Support channel to request it to...

As of December 2024, Decile Hub has a full featured Newsletter tool. You can find it in the left nav of Hub. If for some reason you can't find the Newsletter in the left nav of your Hub, reach out via Hub Support channel to request it to be enabled.

Making an angel investment alongside your fund is potentially a conflict of interest. In order to proceed here, you will need to get approval from your limited partner advisory committee (LPAC).  

Making an angel investment alongside your fund is potentially a conflict of interest. In order to proceed here, you will need to get approval from your limited partner advisory committee (LPAC).  

Generally speaking, a Fund should not enter into a Venture Partner agreement with a company, unless the company is wholly owned by one individual. Services provided to a Fund are typically very personal and delegation is usually unwant...

Generally speaking, a Fund should not enter into a Venture Partner agreement with a company, unless the company is wholly owned by one individual. Services provided to a Fund are typically very personal and delegation is usually unwanted. Attempting to do this also creates additional legal, securities law, and tax complexities.  It is far easier for the Fund to enter into an individual agreement with each relevant person within a company or other type of organization. 

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.