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General VC Questions

Is there a best practice when moving a personal angel investment to a warehoused deal

I have an angel investment that I have had for several years that is performing well.  I would like to promote this as a warehoused deal to prospective LPs.  What are the best practices to move this into the fund and can its book value be used towards a GP commit?
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Best practices for moving a personal angel investment to a warehoused deal include: 1. **Transfer at Cost**: Transfer the investment to the fund at the original cost to avoid personal tax consequences. 2. **Secure Approval**: Obtain consent from the company to change the ownership. 3. **Consistent Rules**: Set clear and consistent rules for transferring warehoused deals. 4. **Disclosure**: Fully disclose the warehoused investment to LPs before closing. Yes, its book value can be used towards a GP commit.
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Could anyone verify this as accurate?  Especially the "Transfer at Cost" point.
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This is correct. The most common way to do this is to transfer the investment at cost.

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