Decile Base says a ManCo should be formed. However, in Sprint 9, Deliverable 9, the "Distribution" strategy doesn't require the formation of a ManCo.
Accepted Answer
Jul 17, 2023
You need to create all 3 entities at the same time, including the ManCo. The distribution strategy referred to in Sprint 9 (https://vcl.to/ManCo-strategy), refers to how the ManCo will be setup to distribute fees and cary to the managing partners and potential employees.