What is the purpose of an investment memo for a round?

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An investment memo clarifies the thesis, traction, unit economics, team, risks, and use of proceeds; it is used internally by firms and by founders to align stakeholders; writing one forces crisp thinking and improves the pitch and diligence readiness across the process from intro to close certainly yes and well indeed today.

Sharpen your case. Torquety drafts memos that speed consensus.

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