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1,159
1

Can I send a newsletter from decile hub?

Top answer:

As of December 2024, Decile Hub has a full featured Newsletter tool. You can find it in the left nav of Hub. If for some reason you can't find the Newsletter in the left nav of your Hub, reach out via Hub Support channel to request it to...

1

Can I make an angel investment alongside my fund in the same company?

Top answer:

Making an angel investment alongside your fund is potentially a conflict of interest. In order to proceed here, you will need to get approval from your limited partner advisory committee (LPAC).  

 -  Mike Suprovici
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1

Can a Fund sign a Venture Partner agreement with a company (not an individual)?

Top answer:

Generally speaking, a Fund should not enter into a Venture Partner agreement with a company, unless the company is wholly owned by one individual. Services provided to a Fund are typically very personal and delegation is usually unwant...

1

How to edit link for the firm's pitch deck?

Top answer:

1. To edit the link for your pitch deck, go to the Data Room / Folder where your deck is located and find the deck file.  2. Click on the paperclip symbol next to the deck file's name and click "Copy file URL to share". This will copy th...

2

Where is the hub setup checklist in Decile Hub?

Top answer:

The Setup Checklist is seen on your Dashboard.  you can get here from three locations 1. Go to {{YOUR_SUBDOMAIN}}.decilehub.com/dashboard 2. At the bottom of the left nav is a link to "Dashboard" 3. In the green banner at the top, if yo...

2

how do I set up an email signature in decile hub?

Top answer:

1. Begin by clicking on your profile picture located in the top right-hand corner of the screen. 2. From the dropdown menu that appears, select "edit profile." 3. You will now see an open field labeled "Email Signature" where you can inp...

 - 
Community Member
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1

What are your preferred methods of company valuation for an early stage firm w/ no revenues? Comps, the VC method, scorecard method, etc.?

Top answer:

Though there are "standard seed-stage valuation methods" (Comps, VC, Scorecard, Berkus) valuation at early stage (pre-revenue) is a bit more art than science, a balance between optimism and delusion and between strategy and tactics. Fact...

1

How the management fee is distributed between the management company and general partner company?

We (2 partners)asked the same question to Decile Base and got two contradictory answers: 1. "In a venture capital firm, the management fee is typically collected by the Management Company and then distributed to the General Partners for their services in managing the fund's operations and investments. The exact distribution can vary based on the agreement between the Management Company and the General Partners. It's important to note that the management fee is separate from the carried interest, which is a share of the fund's profits that the General Partners may also receive." 2. "Management fees are typically allocated to the General Partner (GP) as a percentage of committed capital. These fees are then used to cover the operational costs of the fund, including salaries, office expenses, and other administrative costs. The Management Company (ManCo) usually receives a portion of these fees for its role in managing the fund. The exact distribution between the ManCo and GP can vary and is typically outlined in the fund's Limited Partnership Agreement (LPA)." The question remains - who collects and then distributes the Management Fee?

1

The PACT landing page does not give LPs a chance to preview the document they are about to sign. This is causing friction for potential LPs, and some are printing the PACT on paper and returning that. Is there a way for me to customize my landing page so the LP a chance to enter the level of commitment and contact info, to populate the PACT letter; and then allow them to see what they're signing?

Will this process be updated in the future?

Top answer:

That's by design. You first select your interest level, then you sign the document. Work through the PACT workflow yourself because it's pretty straight forward. They can't sign without reading the document, which is the 2nd step. So, ju...

2

How much should you pay a broker dealer to place funds for their wealth management clients into your fund?

Top answer:

0. Avoid working with broker dealers. They struggle to place LPs in emerging manager funds due to the risk and red tape. In addition, their fees are too expensive for emerging managers with small funds and because they are usually due on...

1

How do I prepare for a family office meeting?

We're raising fund II, and we got our first family office interest. I've been regularly pitching to HNWIs, but this is the first FO meeting. What are the main differences in their requirements ? What I've got until now: - Knowing their thesis and showing how we fall in theirs. - Presenting our track record with examples of our top startups. - Being extremely clear on the fee/carried structure. - Get ready to send our materials because I know that with FOs DD is going to be more extensive. 

Top answer:

Family Offices typically require a substantial diligence process. They want to ensure that your firm will be in business for a long time and has a major edge over the 100s of mangers they diligence every year. In general, Family Offices ...

0

Week 4 is asking to share a deal memo. The companies I am looking at right now, I have an agreement with the group for confidentiality and I can't share the memo because of it. But it is required for week4

Top answer:

You should not sign confidentiality agreements with startups. Ask Base: why VCs can not sign NDAs?  With regards to the Week 4 assignment, upload a memo for a startup that you don't have a confidentially agreement. If you don't have tha...

1

Why did my IRR go down significantly in Q1 despite portfolio markups?

My IRR had been climbing for all of 2023 and in Q1 of 2024 it went down significantly.  Despite one company having a 2x markup in the quarter.  There were no significant cash flows out, no new investments nor any large expenses. 

Top answer:

IRR takes into account contributions and distributions at the time of their recording; regardless of cash flow. Also, it takes into account any accrued income or expenses at the time of recording. When larger expenses are accrued, it can...

2

When are LP units redeemable?

This answer covers units, shares, etc. 

Top answer:

Limited Partners (LPs) are generally not issued units, shares, or any equivalents for their investment into a VC Fund - this is a common misconception. LPs simply own a percentage of the limited partnership's interests.  By design, the...

2

can i do crowd funding for a fund (ie. crypto fund - but doesn't have to be) anywhere in north america legally? anywhere in the world?

without minimum investment limits and the requirement for accredited investors?

Top answer:

Generally speaking, no - but it's complicated. Every country has it's own securities regulations regime (which may also interact with other countries' regimes), and nearly every one imposes restrictions, exemptions, etc. on crowd funding...