Should IC Approval Be Required for Non-Binding Term Sheets or Only Definitive Investments in Funds?
For funds with an IC should a (non-binding) term sheet already be subject to IC approval or only the definitive investment?
For funds with an IC should a (non-binding) term sheet already be subject to IC approval or only the definitive investment?
What is the purpose of the Fund Overview? Who will we eventually send this document too? Thanks!
The PACT should be relevant to the country of the GP (Israel)or the country of the LPs(Braizl)?
Is there a standard NDA to use for advisors venture partners or venture fellows we’d like to bring on for part-time work (sourcing diligence or other fund IP)?
Can we be the fund managers of our own fund and VPs of another (eg. portfolio VPs who simply refer in deals) or is this a conflict of interest?
Keeps coming up that founder experience doesn't matter investor experience does. My experience is in running accelerator programs generating applications picking startups to participate connecting them helping them grow. Of 1500+ applications generated picked 100 and they've gone 3X so far in <5 years. Does this matter to LPs?
What are some great sources of reading that help you shape your thinking in your investing?
If some of these are “qualified” status do they count as part of the 99 accredited investor limit?
Any good examples any of you folks can share for generating high quality dealflow that are unique to you and to your VC firm?
How much ROI I suppose to promise or offer my LPs? As best practices?
How should I address questions from my existing LPs if they get surprised about adding a venture partner to my website public presence and to my fundraising deck?
If our fund will raise from U.S. LPs and the fund will be incorporated in Canada Cayman or other jurisdiction does the G.P. needs to be American or to be registered with the SEC? The plan is for the Management LLP to be a Delaware entity. Any legal advisors we can contact? Thanks
Hello we need your help. How the LP's may react to onboarding as an advisor a former Minister who may face prosecution for unlawful enrichment ? He will be at 999% acquited from those charges but do we agree that it is a No-Go ?
*-Disclose the carry percentage of Advisors-* Hello I have three web3 entrepreneurs who are about to say OK to join my fund advisory board. Do we need to disclose in the fund pitchdeck we send to prospective LPs the fund advisors' carry percentage?
On steps to close a deal in a seed fund: yes or no for the below? Step 1: selection committee Step 2: DD Step 3: IC with independent members.
On the Fund Overview what is meant by 'Fund Rules'
Guys I noticed the SAFE template has the 1) *Fund* [Name of Fund] a [Delaware Limited Partnership] as well as the investment amount. My questions are: 1 - as I don't have the fund yet shall I add it to my personal information at this stage? 2 - on the investment amount do I need to mention *now* the committed capital once fund is closed or I can just have the option to invest X amount upon final evaluation? (given the fact I won't have enough time for Due Diligence etc etc). 3 - Is it always better for the fund and for the LPs to sign a SAFE agreement at a post-money valuation? As I have been researching here looks like the conversion is higher on equity to investors at post-money.
Hi guys! As I am building my track record to strengthen my ability to fundraise I need advice on offering advisory and access in exchange for equity in the business.... I know a few startups that I could approach but that doesn't mean they would be suitable for the fund as I didn't access their financials etc. How should I move forward to build the track record given the limited time I have to build it before the fundraising?
My first close is coming up and I have more great deals than I can realistically make with my existing LP base. My LPs asked why they can not chip in more than the usual 25-30% earlier. What do you recommend?
Does the Fund 1 team typically remain substantially the same for future Funds with the same thesis? Or is there usually a reset and new GPs/VPs can be brought aboard each time a subsequent Fund is launched?