Audit a fund investment thesis before the LP raise — catch Narrative Coherence, Reference-Class Blindness, and Optimism Trap.
You're raising the next fund. The thesis is the pitch — and it's also the document LPs will hold you accountable to.
Narrative coherence is the GP killer: a beautifully-coherent thesis attracts capital and locks in a frame that 5-10 years of deployment may not honour. Inside-view dominance compounds when the GP wrote the prior fund and is grading its own paper.
Where does the thesis fail to defend itself against an outside-view reviewer who has never seen this fund's prior performance?
Decision Intel runs the Recognition-Rigor Framework on the thesis text — narrative coherence detection, 143-case reference library lookup, inside-view dominance flag, validity-class shift for low-validity domains.
How it works
The thesis sets the frame for every IC vote in the next 5-10 years. A flawed thesis compounds across every deal in the fund. The audit catches the patterns the GP wrote in — patterns the GP cannot see because the GP is operating from the inside view by construction.
Related from the case library
FAQ
Run the audit on a real memo.
Paste a strategic memo and see the audit run end-to-end — free, no card.
Audit a fund thesis