Is it Necessary to Finalize Venture Partner Arrangements at Fund Formation or Can We Allocate Funds and Issue Specific Amounts Later?

No - a Fund does not need to finalize arrangements with specific Venture Partners at fund formation.  

Typically, the Fund authorizes a Share Pool (similar to an option pool or stock plan) for future and intended Venture Partners, and after hitting a first close, it will issue specific amounts (usually subject to vesting) using the Venture Partner Share Agreement template. 

If you are a Decile Launch customer, we will prepare these agreements using the template - please contact your Venture Associate to coordinate.