A memo template built for 2 to 4 partners deciding together. Write the thesis before you wire, not after. From the team at Aleva: https://www.aleva.io/templates/investment-memo
Company: ___ Date: ___ Author(s): ___
What this company does, in a sentence someone outside the deal would understand.
Amount, instrument, terms. What we’d be committing and under what conditions.
Who they are, why them. What we verified vs. what we’re taking on faith.
The pain, who has it, and whether the market is big enough that a win matters.
What exists today. Real demand or manufactured growth?
How money is made. The unit economics as they are, not as projected.
Who else is here, and why we think this team wins anyway.
The honest list. Name the one that would actually kill the deal.