I no longer see Deal Memo Reviewer under AI Toolkit. How can I enable it again?
Community Member
4 replies
Community Member
Hi
@Stanislav Zaytsev
and
@Gail Guo
, the deal memo reviewer AI toolkit was a prototype concept introduced for Sprint 6 of Venture Institute, and kept online for a week or two after the sprint as well. At this stage it's no longer available, we've taken it off the sidebar to continue to develop the tool further. You should work to complete the sprint as well as you can without the AI Toolkit's input.
In general the advice participants got was:
In general the advice participants got was:
- add fund modeling - "If we invest $x at a $y valuation, assuming % dilution, a $z exit will return our fund 1x." Then, work backwards to see if revenue projections, market size, and comparable acquisitions/IPOs support that type of exit. The Simple Exit Calculator might help.
- add clear, quantitative investment milestones - which would cause a next-round investor to be tempted to invest, assuming your deal hits those metrics.
- weave your evaluation through the memo - don't only answer the questions - evaluate the answer you've provided, identifying strengths and weaknesses of the deal as you write the memo.
- be critical - any deal memo should not be overwhelmingly and completely positive, it should also include critical analysis of weaknesses or areas for improvement for the deal at hand.
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