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by jeffmould
5643 days ago
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Oh and to answer your question about an investment memo, it is essentially a very brief business plan (1-2 pages) detailing what the investment is for, how it would be structured, etc... I have seen banks ask for them, but never heard of a VC or angel asking for one. As I said above, focus on the product not on the investment, as you work with angels and VCs they will tell you what they want as far as documentation. The lawyer can then help you formulate those documents. Don't over prepare you are just wasting your time. |
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