All Questions

Fundraising from limited partners in various geographies is dictated by the regulations in each such geography - it's extremely important to understand the regulations both in the geography a Fund is domiciled in and the geography a pros...

Fundraising from limited partners in various geographies is dictated by the regulations in each such geography - it's extremely important to understand the regulations both in the geography a Fund is domiciled in and the geography a prospective LP is located in. You can find more resources here: https://govclab.com/resources/ Some geographies are extremely strict, to the point of potential jail time for violating regulations - so it's especially important to understand what is permissible in talking to prospective limited partners. Understanding what generally constitutes "General Solicitation" is also critical. 

You must always secure an warm introduction to each potential-limited partner. Avoid cold emailing limited partners.

You must always secure an warm introduction to each potential-limited partner. Avoid cold emailing limited partners.

The decision of what domicile to set up (register) a venture capital fund in can be complex, especially if a fund manager resides in a different jurisdiction. While many fund managers ultimately decide to set up a Delaware fund, there ar...

The decision of what domicile to set up (register) a venture capital fund in can be complex, especially if a fund manager resides in a different jurisdiction. While many fund managers ultimately decide to set up a Delaware fund, there are many factors to take into account with respect to this question, such as: • Regulations regarding soliciting limited partners to invest in the fund (both in the fund's domicile and in the fund manager's resident domicile); • Taxes, especially cross borders ones (including personal); • Cost of administrative, tax, legal, accounting, and regulatory burdens across borders (which may double or more); • A domicile's suitability for venture capital in general, including the industries or sectors a fund manager desires to invest in; • Etc. It's important to carefully evaluate all factors before doing any entity setup. While we aren't able to go into any specific details regarding running a UK registered Fund while residing in Canada, in our general experience, this may be...quite expensive and burdensome, regulatory-wise as well as tax-wise. 

VCs typically set predefined IRR and TVPI targets for the whole fund rather than for individual deals. These targets help guide the overall investment strategy and performance expectations for the fund. Individual deals are assessed base...

VCs typically set predefined IRR and TVPI targets for the whole fund rather than for individual deals. These targets help guide the overall investment strategy and performance expectations for the fund. Individual deals are assessed based on their potential to contribute to achieving these overall fund targets.

In certain situations, a fund may require some or all incoming LPs fill out and sign an Israeli tax representation letter. Contributing factors could involve: • The fund manager residing in Israel; • At least some if not all of the LPs r...

In certain situations, a fund may require some or all incoming LPs fill out and sign an Israeli tax representation letter. Contributing factors could involve: • The fund manager residing in Israel; • At least some if not all of the LPs residing in Israel; • The fund having one or more entities domiciled in Israel. There is often a lot of complexity at play, and the Israeli regulatory authorities are usually involved - please consult qualified and experienced Israeli  (tax) counsel to determine if this is applicable to your specific set of circumstances. 

Kanban was our most highly requested feature, particularly for dealflow funnels/pipelines. A kanban view has the same features as a regular view, it's just a different visualization. This can be helpful for something like later stages of...

Kanban was our most highly requested feature, particularly for dealflow funnels/pipelines. A kanban view has the same features as a regular view, it's just a different visualization. This can be helpful for something like later stages of dealflow or fundraising where there are fewer prospects, and you'd like a visual representation of those prospects, since they each get a large card, rather than just a row.

The management fees are paid for by LPs from committed capital. In other words, the closed capital covers investments, management fees and fund expenses.

The management fees are paid for by LPs from committed capital. In other words, the closed capital covers investments, management fees and fund expenses.