Startup Funding Espresso -- Fund Reporting

Fund Reporting Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In setting up your VC Fund, you'll need legal and accounting support. Look for providers who have done the work before and bring experience to the project. You don't want to pay people to learn on the job. You'll need legal support to set up the fund documents. You'll also need legal in shutting down the fund at the end of the term. For accounting, you need to find a firm that has done partnershipS and passed through taxation work before. Here are some key points with regards to reporting: Track the portfolio valuation and the performance of the fund, including Distributed Paid In and Total Value to Paid In metrics. Track expenses for tax reporting purposes. Create templates for the reports to the limited partners, including spreadsheets for calculating metrics and distribution lists of investors. Maintain a list of updates from the portfolio companies with their results. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Investors check out: https://tencapital.group/investor-landing/ For Startups check out: https://tencapital.group/company-landing/ For eGuides check out: https://tencapital.group/education/ For upcoming Events, check out https://tencapital.group/events/ For Feedback please contact [email protected] Please follow, share, and leave a review. Music courtesy of Bensound.