LPs will not be asked to pay AngelList directly for using the platform. All platform-related costs are included in the fund’s structure and covered by fund expenses or management fees, as detailed in the Limited Partnership Agreement (LPA). This ensures LPs are not billed separately, keeping the process straightforward and transparent.
In venture capital investing, LPs share in the costs required to operate and manage the fund. These standard expenses may include legal and accounting fees, regulatory filings, compliance costs, and transaction-specific expenses like due diligence or deal execution. Management fees, carried interest, and other fund-related costs are clearly detailed in the LPA before you invest, providing full transparency into the financial structure and expectations of the fund. This ensures that costs are equitably distributed and understood upfront by all investors.