- **10 days** gives the GP more speed and may reduce the need for bridge borrowing, but it creates more LP friction.
- **30 days** is easier for LP treasury processes, especially institutions, but can slow closings and investment timing.

What is standard:
- In practice, **10 to 15 business days** is commonly treated as standard for VC fund capital calls.
- **30 days** is more LP-friendly, but less operationally agile.
Reference: https://decilehub.com/base/1-general_questions/163976-what-limitations-does-the-lpa-place-on-the-timing-and-amount-of-capital-calls

If an LP cannot fund:
- best case: transfer/sell the LP interest to a replacement buyer
- fallback: reduce the LP’s effective commitment
- last resort: default remedies under the LPA, such as penalties or forced sale

Reference: https://decilehub.com/base/1-general_questions/163681-what-happens-if-an-lp-fails-to-fund-a-capital-call