Already an Angel? Become a VC in two working sessions, and we may invest in your fund. Seats close 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

What are the steps in the process for changing my distribution waterfall, with Decile Group as my fund admin?

1 See in Base
0
To change your distribution waterfall with Decile Group as your fund administrator, follow these general steps:

1. **Review Current Terms**: Assess your existing distribution waterfall structure and identify the desired changes.

2. **Consult Legal Advisors**: Engage with legal counsel to ensure compliance with regulations and to draft any necessary amendments to fund documents.

3. **Communicate with Decile Group**: Reach out to Decile Group to discuss your proposed changes. They can provide guidance on the administrative implications.

4. **Update Fund Documents**: Amend the fund's operating agreement or relevant documents to reflect the new distribution waterfall.

5. **Notify Limited Partners**: Inform your Limited Partners about the changes and provide them with updated documentation.

6. **Implement Changes**: Work with Decile Group to implement the new distribution waterfall in their systems for future distributions.

For more detailed support, consider visiting [Decile Hub](https://decilehub.com).

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