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Fundraising

Why are PACTS important to get signatures for?

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Community Member
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May 03, 2023
Why are PACTS important to get signatures for?
1 answer
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Mike Suprovici
Accepted Answer
Jul 22, 2023
PACTs are a non-binding letters of intent signed by a qualified investors to indicate their desire to invest a specific amount of money into a venture capital fund. They are important because they help the fund manager see who is hard-circled or serious about committing money to their fund. 
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