LP side letter - what should or shouldn't do?
An LP asked me for some 'perks' and I want to formalize it somehow. What should and/or shouldn't I do with such a side letter? Should I actually sign it?
0
0
Where do most LPs typically come from for first closes?
Asked by:
Community Member
Where do most LPs typically come from for first closes?
0
Why are PACTS important to get signatures for?
Asked by:
Community Member
Why are PACTS important to get signatures for?
0
0
What LP archetypes are typically harder to close?
Asked by:
Community Member
What LP archetypes are typically harder to close?
0
What happens if you give each LP different investment terms?
Asked by:
Community Member
What happens if you give each LP different investment terms?
0
What should be the minimum ticket size and how do I communicate that to potential investors?
Asked by:
Community Member
What should be the minimum ticket size and how do I communicate that to potential investors?
0
How can I incentivize investors to invest early in my fund rather than waiting for the first close?
Asked by:
Community Member
Some investors may say they will invest after the first close. How can I incentivize investors to invest early in my fund instead of waiting until after the first close?
0
Should you form a fund with LLCs?
Asked by:
Community Member
Is it a good idea to form a fund with LLCs instead of an Incorporation?
0
What should we do with LPs who have signed a PACT with their name, but have now told us they want to use an LLC for the investment?
Asked by:
Community Member
Do we pre-fill the LPA with the LLC name or is it easy for them to do it after we send the LPA?”
0
0
Venture Studio
Asked by:
Community Member
What are some of the advantages to starting a VC Fund connected to a Venture Studio?
0
0
0
Investment track record
Asked by:
Community Member
If I can't use the entire fund's IRR without the attribution letter to highlight my investment track record, what can I use to demonstrate metrics, secret sauce, etc.?
0
Attribution Letter
Asked by:
Community Member
Which track record metrics being reported to LPs would require attribution letter and which metrics do not?
0
Attribution Letter Options
Asked by:
Community Member
Coming out of a CVC that invested on a balance sheet basis not a fund basis, what is a good example on getting an attribution letter? Some options I was thinking: • Letter stating that the investments on my deal sheet were led and executed by me • I have some news clips that quote me on some of the investments
0
0
What will LPs audit before they commit?
Asked by:
Community Member
what is a normal process that LPs do due diligence before they commit?
0
PACT Domicile & Management Company
Asked by:
Community Member
Since at this stage, legal hasn't been engaged, the management company and the fund have not been established. What format of names should be used in the PACT for the management company and fund? What if the domicile hasn't been decided. Might be US, might be Israel. How do we appropriately amend the PACT where the inserts [ ] are to make sure it is all encompassing?