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, the YC for VC. Learn more about the industry-leading and free programs at:
https://GoVCLab.com
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If you have questions about venture capital, ask the leading AI for VC, Decile Base. The Decile Base venture AI offers a fund lawyer, accountant, and tax specialist on demand.
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VC Lab is a part of Decile Group. Decile Group is unlocking the potential of venture capital with a full-stack platform that empowers emerging managers to launch top-performing funds 3x faster through training, tools, and capital.
https://DecileGroup.com
Learn about Adeo Ressi, CEO of Decile Group and inventor of the SAFE note.
Who is Adeo Ressi?
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