Already an Angel? You can become a VC, and we'll invest in your fund. Learn how Sept 15.
Save My Free Seat
Cohort 22 launches September 10. Bring a founder, an angel, or an LP who belongs in the room. The VIP Launch Mixer is free and online.
Reserve a Spot
1

I have had a number of potential LPs ask me about an NDA. Should I get an NDA signed before presenting to LPs?

1 See in Base
0
No. Instead, send LPs a PACT. The standard PACT has NDA language prebuilt into the legal template and it's designed for this purpose. Once they sign the PACT, you can disclose more information about the fund. 
0
Thank you!
0
 is the PACT NDA language also sufficient for sharing confidential information about target portcos and their data rooms where our fund is a non-blind pool of assets? 
0
If the fund is non-blind (i.e. an SPV) - then you would need permission from the company.

If the fund is blind (i.e. a VC fund) - then you may put deal memos in a folder in your data room. The company's data room is typically too much in any case.

Join VC Lab

Raising your first fund? VC Lab has helped launch 950+ venture firms, with no fees and no equity taken. The average Start Fund reaches first close in 58 days.
Apply Now