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can i do crowd funding for a fund (ie. crypto fund - but doesn't have to be) anywhere in north america legally? anywhere in the world?

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Jan 17, 2024

without minimum investment limits and the requirement for accredited investors?

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Generally speaking, no - but it's complicated. Every country has it's own securities regulations regime (which may also interact with other countries' regimes), and nearly every one imposes restrictions, exemptions, etc. on crowd funding...

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Should I make an s-corp election for my management company LLC to save on taxes?

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Jan 17, 2024

Does it makes sense to make the S-Corp election for the LLC so that you can take advantage of the Pass-Through Entity Tax election (so that you can deduct your CA taxes and escape the $10k SALT limit).

Top answer:

To make the PTET election an estimated payment must be made by June 15th of the tax year in question so if that was not done the first available option is for the 2024 tax year. Generally the PTET election is not recommended unless the t...

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How to best use LP databases when you can’t generally solicit?

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Jan 16, 2024

Using them for newsletters, attending targeted conferences, general networking, and cold calls seem like good places to start, but are there any other ideas/strategies/best practices?  Thank you.

Top answer:

Cold emails don't work and should be avoided. What you should do is to work to develop relationships with connectors that can introduce you to LPs first. You can, also attend events and host events as well to build your top of funnel.

 -  Mike Suprovici
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Decile Partners is an integrated flat rate firm success offering that is purpose built for emerging managers. It is optimized to fix common issues with bespoke solutions by: • Access to ultra experienced senior operations team members en...

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The Decile Partners venture share is is 1% of the 20% carried interest. In other-words, assume that the fund's carried interest is 100%. The Partners venture share is 5% of 100% carried interest which equals 1% of 20%. This is in line wi...

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Decile Launch is a structured formation program to establish the venture capital firm and to close the fund. Then, the newly launched fund becomes a member of the Decile Partners Firm Success offering for deal reviews, legal operations, ...

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When is it best to create a Deal Memo?

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Jan 14, 2024

Top answer:

A Deal Memo is a document designed to capture the rationale of the manager for doing a specific deal. The Deal Memo is used to explain your investment decisions to limited partners and to help the manager look back and refine deal making...

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When should I share my materials with an LP?

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Jan 14, 2024

Top answer:

As a result of global general solicitation rules and best practices, a manager should only share materials with a limited partner that they know and are confident meet the local accreditation or wealth standards. Practically speaking, th...

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What are effective ways to ask an LP for a PACT?

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Jan 14, 2024

Top answer:

There are many ways to ask a limited partner for a PACT, ranging from more passive ways to more forward ways. A manager should decide which way to ask which limited partner based where in the process the limited partner is and how the re...

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How do I use Hub to manage LPs?

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Jan 14, 2024

Top answer:

Decile Hub is a powerful tool to manage relationships and commitments with limited partners. Limited partners are managed in the Fundraising pipeline. To get started, add a limited partner to this pipeline, and assign them to a Stage, su...

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What are next steps for a new manager?

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Jan 14, 2024

Top answer:

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...

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Top answer:

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...

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The ideal roadmap for a fund depends on the phase of the fund, as well as other criteria. The fund phases and success criteria is described in detail below.  Inception PhaseThe inception phase is when the Thesis and team are developed. ...

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Risk quantification of investment in a VC fund

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Jan 13, 2024

Most of the online data I see gives statistics around how many funds have returned less than 1x of the capital and how many have returned more than 2x, 3x, etc.  However, to truly understand the risk for LPs to invest in a VC fund, it would also ...

Top answer:

This is a slippery slope and you will struggle to make this point, irrespective of the data. LPs should understand that, albeit low, there is a risk of total loss when investing a VC fund. However, because the upside is exponential and b...

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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.

 -  Frank Garcia
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I just opened a new Hub Account, what should I do as next steps for clean setup?

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Community Member
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Jan 12, 2024

This is even more robust than I expected! But there's a lot, since I am both a new manager and new to Decile Hub. What are some of the first things I should do for success?

Top answer:

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...

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How can Decile Base AI be used within Decile Hub?

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Community Member
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Jan 12, 2024

I see that Decile Base is integrated with Decile Hub, What are some best practices for utilizing the AI within the platform?

Top answer:

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...

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Is it acceptable for a fund to accept equity from a startup for no cash investment?

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Jan 12, 2024

We are often approached by early stage startups who simply want our partners to advise their effort. The duties are relatively light, and often provide an optical benefit for having our partners associated with their company.   To be clear, the f...

Top answer:

Funds can't accept advisory options because they are for individuals. However, funds can accept warrants. This is why base is aggressively against this arrangement. If you receive advisory options, you can't move those to the fund becaus...

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You must amend your Form ADV each year by filing an annual updating amendment within 90 days after the end of your fiscal year. For best practice, you should have you legal counsel file this amendment for the fund.

 -  Nicholas Bird
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