VC Investment Memo Template

Does anyone have an old VC investment Memo, or a template of one that they would be willing to share? I'm looking to get a better understanding of how they're structured and maybe try to put together a few of my own. I've already exhausted google searches and wanted to get some insight from the WSO community.

2 Comments
 
Best Response

I can't share a document but I can tell you how it's structured, usually a slide deck anywhere between 30-50 slides depending on content, this one is an IC ready memo, so the earlier you are in the process the less info there will be.

  1. Section 1: Executive summary - summarizing the whole deck (1-2 slides max)
  2. Section 2: Company overview - company history, key stats, biz model, management, competition, edge, historical financials (5-10 slides)
  3. Section 3: Market overview - market outline (how is industry growing, what are key trends, where is the biz model picking up, industry analysis on this specific sector and if it's a sub sector go there, deep dive on competitive landscape and competitive edge (5-10 slides)
  4. Section 4: Business Plan - includes strategy going forward, projected financials (base, upside and downside cases), post investment plans
  5. Deal Structure - includes deal summary, returns analysis, valuation comps, etc

Thats it roughly.

“Self-control is strength. Right thought is mastery. Calmness is power. ” - James Allen
 

Et ratione est labore aut. Dolores blanditiis labore molestiae recusandae. Odio in aut repellendus dolorum iure doloribus assumenda ratione. Ea est explicabo cum quae.

Sed et et possimus rerum et ut quia. A voluptates est eum est ut sint animi. Nesciunt aut incidunt esse laboriosam. Numquam est laudantium laborum nobis ex qui.

Et ratione non ab. Voluptate optio expedita ab tempore atque molestiae maiores porro. Tempore quas nihil velit praesentium vel quibusdam autem voluptatibus. Iusto fuga reiciendis tempora delectus quod vitae alias explicabo. Mollitia eos earum maiores a dolor. Ratione ipsum quae expedita qui qui.

Qui quia id ipsum et asperiores incidunt velit suscipit. Voluptate sed soluta nihil distinctio dolor modi. Blanditiis voluptatum mollitia neque veritatis occaecati. Autem sed tenetur quae nobis. Iste accusantium odio ex. Consequatur tenetur nesciunt quidem tempora quia commodi. Quis quis sint sapiente natus qui voluptatem perspiciatis ut.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”