The minimum ticket for a 1st close should be no less then $100k. Then with subsequent closings this minimum should go up. However, rather then communicating what the minimum ticket is to LPs, GPs should mention what the maximum ticket is.
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.