What are the costs of setting up a VC fund in Delaware?

Delaware formation with any reputable law firm can range from $50k - $100k+. Fund administration will typically range from $25k/year to $100k+ a year depending on a variety of factors related to the complexity of the setup. Both legal and administration costs are typically variable with traditional legacy vendors. Decile Launch offers turnkey formation and flat rate back office for top performing venture capital funds: https://decilegroup.com/decile-launch/