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VC Lab introduces free fund formation documents to make startup investing cheaper and easier

Technology

There may be plenty of funding for some startups these days. But plenty of companies will tell you otherwise. VC Lab, an accelerator for venture capital firms, wants to create investors who will back the rest of the world.

A basic hurdle to this goal is the standard paperwork you need to set up a new fund. It currently requires specialized lawyers whose time can cost more than $100,000 per fund formation.

Today, VC Lab is providing a set of freely available boilerplate documents intended to streamline the process, save everyone time and money and make fund governance structures more accessible.

“We have general partners launching funds from all around the world,” co-founder Adeo Ressi explains. “The last cohort enrolled venture investors from 62 different countries, including Central Asia, Africa, and every other place you can

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