Can a sample spreadsheet be produced for fund expenses paid yearly or over the term of the fund?
Following the table here: https://govclab.com/2022/11/07/managing-fund-expenses-for-venture-capitalists/ What are typical caps and best practices (which are limited and unlimited?) and for different size funds. Also a bit confusing that something like Travel & entertainment is a fund expense but paid for by the manager (I get it, and wouldn't if it was a fund expense it would be paid for by the fund?) - can you explain? Thanks!