The process for editing your deal page after launch varies on the type of change you’re looking to make and whether the edits occur before or after LPs have invested.
Accessing the Deal Page:
- Navigate to your AngelList Lead Dashboard.
- Select the specific deal you wish to edit.
- Click on the “Details” tab to view and modify deal information.
Editing Before LP Investments:
If no LPs have invested in your deal yet, you can freely make changes to the deal information without any additional steps. Ensure all edits are complete and accurate.
Editing After LP Investments:
As a rule of thumb, changes that make a deal materially worse for an LP require an opt out, such as:
- Changing from Primary to Secondary Shares (or vice versa)
- Discount Decreases
- Updates to Disclosures
- Decreasing Lead Investment Amount
It’s crucial to maintain transparency with your LPs, ensuring they can make informed investment decisions. If you’re uncertain about the materiality of a change, consult your AngelList account manager or email lead@angellist.com for guidance.