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21
1

Chrome Extension

Hi! After installing the extension including the API Key, I keep getting stuck on this extension page (see screenshot). I removed the Extension and re-downloaded it, but still getting the same issue. [Screenshot 2024-10-27 at 1.35.02 PM.png]

1

brokerage accounts for VC funds

I need to open a brokerage account for a portco that exited.  Will be holding the public stock before distributing to LPs.  Should I open the account for the LP or the Manco?  I am leaning toward using Fidelity but any recs on best brokerage account for VCs would also be appreciated.

1

what are the requirements to be an associate or an analyst in a VC firm? mention bullet points & include how many can be in a firm, duration of commitment & background requirements, along with financial commitment required?

To consolidate the firm structure we are trying to figure out what are the requirements for each role in terms of background, duration of commitment, financial commitment and how many can one have in a firm. Any thoughts or framework on this would be helpful.

1

Where I can find a good template or example of a formal investment procedure at VC fund as a separate document. Shall cover roles, responsibilities, timelines, processes ets.

I've raised from several institutional LP's and they ask for formal investment procedure at VC fund as a separate document with roles, responsibilities, timelines, processes ets. May be someone has done something similar so I would not build from zero. I guess such procedure shall cover raising / origination / evaluation / investment decision / investing / acceleration (value creation and preservation) / monitoring / reporting / exit/

1

How to charge deal legal fees to a portfolio company - for a standard equity investment

Hi There, Could someone walk me through the mechanics of how funds typically pay for deal legal fees out of the investment amount? Specifically, if I want to invest 100K in a startup, and the legal fees will be 5K: * does the term sheet and equity agreement state 95K? * does the fund pay the 5K to the lawyers directly? and transfers 95K to the company once the deal is closed? * in the deal memo and other investment documents, is this recorded as a 100K deal or a 95K deal? * are the deal metrics (DVPI, MOIC) calculated based on 95K or 100K? Am closing a warehouse deal in the next few weeks so would be great to get some guidance on how others have done this in the past.