<aside> 💡 This questionnaire is designed as a simple tool for VCs to streamline the evaluation process of early-stage startups.

It serves to gather essential data on a startup's operational history, financial health, strategic direction, and investment terms, facilitating a thorough analysis of potential investment opportunities.

Adjust the structure and questions based on your needs and thesis.

⚒️ How to Use: Copy to your workspace and use this as a static site to share with founders; or create a copy for each founder to fill out.

🔍 For more complex VC workflows; explore full set of Notion templates for venture capitalists at [www.notionvc.com](<http://www.notionvc.com>)

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▪️ Startup Overview

  1. Headquarters Location: Please specify the country and city where your startup is headquartered.
  2. Foundation Date and Operational Duration: When was your startup founded, and for how many years has it been operational?
  3. Value Proposition Pitch: In one sentence, please describe your product; how is it creating creating value and for whom?

▪️Financials & Fundraising

  1. Funding History: How much capital has your startup raised to date?
  2. Current Fundraising: What is the amount of funding you are currently seeking?
  3. Expected Valuation: What are the expected pre-money and post-money valuations for this fundraising round?
  4. Investment Structure: What type of investment instruments are you offering? (e.g., equity, convertible loan agreement (CLA), simple agreement for future equity (SAFE), advanced subscription agreement (ASA))
  5. Minimum Investment: What is the minimum investment ticket size for this round?
  6. Use of Funds: Could you detail how the startup plans to allocate the funds raised in this round?
  7. Current Financial Runway: What is your current financial runway? How many months of operation can you sustain with your existing funds?
  8. Decision Timeline: What is the deadline for our investment decision?

▪️Cap Table & Investment Details

  1. Cap Table Overview: Can you provide an overview of the current cap table, including major shareholders?
  2. Previous Round Participants: Are previous investors participating in this round? If so, which ones?
  3. Current Round Participants: Which other investors are confirmed for this round?
  4. Investment Terms: Are there any specific terms of the investment that we should be aware of, such as liquidation preferences or pro-rata rights?

▪️Business Considerations