Venture Investment Memos
Until recently, getting insights into how Venture Capitalist make investment decisions, was a bit of a black box. However, with more VCs sharing details about their criteria, processes, and even assets like deal memos, that is changing.
This is a collection of venture capital deal memos that are in the public domain.
- Sequoia’s Investment Memo on YouTube
This is one of the first VC deal memo available in the public domain. Roelof Botha, a partner at Sequoia, recommends making a seed investment in Youtube.
- Investment Memo for Earnest Capital Fund 2
A public draft of the investment memo that VC fund Earnest Captial was planning to use to raise capitla for it’s second fund. Earnest Capital uses a different model than most other VCs of Shared Earnings Agreements which makes this an even more interesting read.