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What Are the Do's and Don'ts of Inquiring About Investments in Company Y from Fund X?

Questions about attire: • Should I ask founders if fund X is investing in them? • Should I ask contacts at fund X if and and why they invest in company Y? What are the do's and don'ts?
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It's generally not appropriate to ask if fund x is investing, but it is appropriate to ask if others are investing. However, most good founders will not disclose for the same reason you wouldn't disclose your LPs.

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