From a lawyer who specializes in venture fund creation – the five most important things that investors want to know at a minimum, when investing with you:
1. Length of time that your fund will be in existence.
2. Carry, ie. 15 or 20 points?
3. Management fee, ie. 2%? 4%?
4. Distributions, or how do they extract cash?
5. Structure, ie. Delaware LLP