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
Previous Post
Next Post
1

Asked by

Community Member

on

in

General

Do We Need to Expose Our Entire Deal Flow to LPs, or Just Invested Deals, and What Are the Risks and Confidentiality Concerns?

As a part of reporting, do we (need to) 'expose' the entire deal flow (invested in or not) to LPs OR only the ones we have decided to invest in? Are there risks (such as them going direct) if we expose the entire deal flow to the LPs? How sensitive is this deal flow confidentiality topic to engage with LPs and VPs? Or it is pretty much an unwritten trust/relation? Are/do we cover some of these in LPA VPA?
1 See in Base
1

Answered by

Community Member

on

Once LPs have invested in the fund, you will need to provide reports on your companies. Before that, you can show select companies in your data room to investors who have signed a letter of intent.

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