On AngelList, Limited Partners (LPs) are investors who commit capital to venture funds or syndicates. The minimum investment amount required from an LP is typically determined by the fund manager or syndicate lead. This minimum can vary significantly depending on the specific fund or deal. AngelList’s general guideline is that the minimum investment amount for LPs is $1,000. However, fund managers have the flexibility to set different minimums for different LPs.
Setting different minimums for LPs:
Fund managers have the flexibility to set different subscription minimums for different LPs. This can be achieved by creating custom invitation links with tailored terms. To do this:
- Navigate to the "Invite Links" section on your Fundraising tab.
- Click on "Create New" to generate a new invite link.
- Specify the custom terms, including carry, management fee, investment amount, and subscription period.
These personalized links can then be shared with specific LPs, allowing them to invest under the customized terms you've set.
Managing custom invite links:
Once you've created custom invite links, you can manage them through your GP Dashboard. This allows you to:
- Track which LPs have been invited and monitor their responses.
- Adjust or deactivate links as needed.
This functionality ensures that you can offer tailored investment opportunities to your LPs while maintaining control over the terms and commitments associated with your fund.
By utilizing these features, fund managers can effectively manage and customize investment minimums to accommodate the preferences and capacities of individual LPs.