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VC Lab, the leading venture capital accelerator from the Founder Institute, just published Cornerstone, a free legal template to form venture capital funds.

Cornerstone is a lightweight and easy to use Limited Partner Agreement (LPA) that reduces the need for high priced fund formation attorneys. The LPA is signed by General Partners, who make the investments, and Limited Partners, who invest in the funds.

An LPA is the operating agreement of venture capital, describing how the fund operates, what the fund invests in and how money is made and shared between the various signatories. You can access Cornerstone at the new VC Lab website, GoVCLab.com.

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This content is provided by VC Lab (https://GoVCLab.com), the venture capital accelerator.

The free 16 week VC Lab program provides guidance, structure and a network to complete a fund closing in 6 months or less. Since 2020, VC Lab has helped launch 83 venture capital funds around the world.

Apply to Cohort 5 of VC Lab here (https://FI.co/apply/vc). The Final Admissions Deadline is Sunday, November 7th, 2021.

Follow VC Lab on LinkedIn and on Twitter to learn more.

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