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Could the cornerstone LPA serve as a blueprint for non-traditional VC models (e.g., evergreen funds, rolling funds, or DAOs)?

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The Cornerstone LPA is designed for traditional VC fund structures and may not be suitable for non-traditional models like evergreen funds, rolling funds, or DAOs. These models have unique complexities and requirements that the Cornerstone LPA may not address, such as frequent asset valuation for evergreen funds or the distinct operational framework of DAOs. Therefore, while it could serve as a starting point, significant modifications would likely be necessary to accommodate non-traditional VC models.

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