Startup Funding Espresso -- VC Fund Core Documents
VC Fund Core Documents Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In raising a fund, you\u2019ll need to set up the legal documents that define how and when the limited partners provide the funds, what the fund manager will do with those funds, and how they will return the funds back to the limited partners.\xa0 Here are some key details to include in a fund document: Show who will manage the fund and what duties they have. Discuss the fees and expenses for the fund managers. Define profits and losses and how they are calculated. Consider tax implications for the investors and maximize for tax efficiency. Describe circumstances in which the limited partners must make a decision, such as adding new investors or extending the fund. Show compliance with the laws around tax, transfers, and liability of the members. Include indemnifications by the fund for the general partners in the case of damages.\xa0 List the redemption rights, if any, by limited partners.\xa0 Finally, discuss the distribution of profits, losses, assets, and the dissolution of the fund. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .