Launch an institutional-grade VC fund in a day with no up front costs. 
Meet Start Fund
Launch your dream venture capital firm.
Apply to VC Lab
Previous Post
Next Post
0

Asked by

Community Member

on

in

Fund Operations

How do I recycle management fees? Is it recommended for a first time fund?

How do I recycle management fees? Is it recommended for a first time fund?
1 See in Base
0

Answered by

Community Member

on

We do not recommend recycling on a first fund. It is complicated to manage. It delays starting your second fund. It is hard to explain to inexperienced limited partners. If you want to recycle despite the warnings, then you can set an amount in the Cornerstone, correct.

Join VC Lab

VC Lab, the leading venture capital accelerator, empowers new and emerging managers worldwide to close ethical, high-performing funds in under six months. The program provides cutting-edge tools, expert mentorship, and a global network to raise more money in less time. Apply if you want to build a meaningful venture capital firm.

Apply Now
How do I start raising my first venture fund? What are the key considerations for becoming a Limited Partner?
How can I improve my emerging manager firm's deal flow? What strategies help attract institutional LPs?
How do I build a compelling investment thesis? What are best practices for portfolio management?
How can I differentiate my VC firm in a crowded market? What are the typical fund terms for emerging managers?