Operations

Fund entities, legal structure, tax deadlines, and operational tasks.

12 entities 1 urgent deadlines 55 open tasks

Entities

Fund I Entity #1

Delaware Corp · ManCo

Fund I DE

Kustov

Fund I Entity #2

Delaware Corp · LP

Fund I DE

Kustov

Fund I Entity #3

LLC · CA Entity 1

Fund I CA

Kustov

Fund I Entity #4

LLC · CA Entity 2

Fund I CA

Kustov

Fund II Entity #5

Delaware Corp · ManCo

Fund II DE

Spicer Jeffries

Fund II Entity #6

Delaware Corp · GP

Fund II DE

Spicer Jeffries

Fund II Entity #7

Delaware Corp · LP Fund

Fund II DE

Spicer Jeffries

Fund II Entity #8

LLC · CA Entity 1

Fund II CA

Spicer Jeffries

Fund II Entity #9

LLC · CA Entity 2

Fund II CA

Spicer Jeffries

Fund II Entity #10

LLC · CA Entity 3

Fund II CA

Spicer Jeffries

Tilden Capital

LLC · SPV

SPV CA

Kustov

Management Entity #12

TBD · Manages all

Management TBD

TBD

Annual Filing Requirements

Delaware — Franchise Tax + Annual Report due March 1 ($50/entity)
California — Franchise Tax due April 15 ($800 minimum/LLC)

Tax Deadlines — 1 within 60 days

Estimated tax payments

Q4 Estimated

Jan 15, 2026

K-1 preparation begins

All Funds

Feb 15, 2026

Begin K-1 preparation

All

Feb 15, 2026

Gather prior year documents

All entities

Feb 28, 2026

Franchise Tax

DE Corps (5)

Mar 1, 2026 Varies

Annual Report

DE Corps (5)

Mar 1, 2026 $50 each

DE Franchise Tax due

5 DE Corps

Mar 1, 2026

DE Annual Reports due

5 DE Corps

Mar 1, 2026

Form 1065 (or extension)

Partnerships

Mar 15, 2026

Form 1120-S (or extension)

S-Corps

Mar 15, 2026

Partnership returns (or ext)

Funds

Mar 15, 2026

Franchise Tax

CA LLCs (6+)

Apr 15, 2026 $800 min each

Form 1120 (or extension)

C-Corps

Apr 15, 2026

K-1s due to LPs

Individuals

Apr 15, 2026

Estimated tax payments

Q1 Estimated

Apr 15, 2026

CA Franchise Tax due

6+ CA LLCs

Apr 15, 2026

K-1s to LPs

All Funds

Apr 15, 2026

File if needed

Extensions

Apr 18, 2026

Extension deadline

If needed

Apr 18, 2026

Estimated tax payments

Q2 Estimated

Due soon
Jun 15, 2026

Estimated tax payments

Q3 Estimated

Sep 15, 2026

Contacts

Kustov

Accountant

Handles

Fund I (4 entities) + Tilden Capital SPV (1 entity)

Contact details TBD — pending Max handoff

Handles older/simpler structures. Tilden SPV had prior issues when previous management company went out of business.

Spicer Jeffries

Accountant

Handles

Fund II (6 entities)

Contact details TBD — pending Max handoff

Handles newer, more complex Fund II structure (3 DE Corps + 3 CA LLCs).

Laura

VC Lab Coordinator

VC Lab

Contact details TBD — pending Max handoff

Primary VC Lab contact for LP onboarding, capital calls, and fund administration.

Action Items 55 open · 0 complete

Core Responsibilities

  • Maintain a shared list of ToDo ops tasks
  • Make sure the LPs and VP info on Decilebase is up to date
  • Handle operations and tax documentation for the fund
  • Track and manage expense tracking
  • Maintain the various IASV pitch deck versions
  • Manage the IASV website
  • Manage and calendar all tax deadlines, filing payments, fees
  • Manage accountants (Kustov for Tilden and IASV I, Spicer Jeffries for IASV II)
  • Manage and confirm we have made tax/filing deadlines and have paid appropriate amounts
  • Interface with VC Lab person Laura for all needs (LP onboarding, capital calls, etc.)
  • Many small miscellaneous ops tasks

Onboarding Tasks

Week 1: Access Setup

  • Get Decilebase login High
  • Get Decile Hub / VC Lab portal access High
  • Get website admin access High
  • Get shared drive / folder access High
  • Get expense tracking system access High
  • Schedule Max handoff call High
  • Get accountant contact info High

Week 2: Learning

  • Complete Max handoff call
  • Review all 12 entity structures
  • Understand current state of each entity
  • Review tax calendar for Feb-Apr
  • Review current LP roster
  • Understand capital call status

Week 3: Shadow

  • Shadow Max on key tasks
  • Practice Decilebase updates
  • Coordinate with Laura on test item
  • Review expense history

Week 4: Independence

  • Handle tasks independently
  • Max available for questions
  • First solo week complete

Immediate Priorities (Once Started)

Tax Season (Feb-Apr)

  • Confirm accountant engagement for 2026 High
  • Review DE filing deadlines (Mar 1) High
  • Review CA filing deadlines (Apr 15) High
  • Coordinate K-1 preparation High
  • Track all payments made High

LP Management

  • Review Decilebase data quality High
  • Understand Fund II capital call status High
  • Review LP communication history High

Administrative

  • Review current pitch deck versions High
  • Review website status High
  • Understand expense tracking process High

Recurring Tasks

Daily

  • Check for urgent items from Ed

Weekly

  • Review todo list
  • Update any pending items
  • Ed check-in (as needed)

Monthly

  • Decilebase LP data review
  • Expense reconciliation
  • Calendar review for upcoming deadlines

Quarterly

  • Estimated tax payment reminders
  • LP communication review

Annually

  • DE filings (March)
  • CA filings (April)
  • K-1 distribution
  • Pitch deck refresh