investment-memo

投資メモスキル

概要

ベンチャーキャピタル、プライベートエクイティ、ヘッジファンド、社内の投資委員会など、さまざまな状況に応じたプロフェッショナルな投資メモ（IC メモ）の作成を支援します。投資テーゼを構成し、リスクを分析して、明確な推奨事項を提示します。

できること：

• 投資テーゼを明確に構成する
• デューデリジェンスの主な調査結果を要約する
• リスクとその緩和策を分析する
• バリュエーションとリターンを分析する
• 実行可能な推奨事項を作成する
• 投資委員会の審査向けに書式を整える

できないこと：

• 一次デューデリジェンスを実施する
• アドバイスとして投資推奨を提供する
• 非公開の取引データにアクセスする
• プロフェッショナルとしての投資判断に代わる

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使用方法

ステップ 1：投資の背景を共有する

次の情報をお知らせください：

• 投資の種類（VC/PE/公開市場/クレジット）
• 会社や取引の概要
• 投資額と条件（判明している場合）
• 貴社の投資基準

ステップ 2：デューデリジェンスの調査結果を共有する

次の情報を提供してください：

• 会社の背景と財務情報
• 市場および競合分析
• 経営陣の評価
• 特定された主なリスク
• バリュエーション分析

ステップ 3：メモの形式を指定する

• 標準的な IC メモ：正式なメモの全項目
• 取引概要：1～2 ページの概要
• クイックテイク：簡潔な投資テーゼ
• 追加投資メモ：既存の投資ポジションに関する更新情報

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メモの構成

VC 投資メモ

1. Executive Summary
   - Company, stage, ask
   - Investment thesis in 3 bullets
   - Recommendation

2. Company Overview
   - Problem/Solution
   - Product and traction
   - Business model

3. Market Opportunity
   - TAM/SAM/SOM
   - Market trends
   - Timing

4. Team
   - Founders background
   - Key hires
   - Board/advisors

5. Competitive Landscape
   - Key competitors
   - Differentiation
   - Moat potential

6. Traction & Metrics
   - Key KPIs
   - Growth trajectory
   - Unit economics

7. Investment Terms
   - Round size, valuation
   - Pro-forma cap table
   - Use of funds

8. Risk Analysis
   - Key risks and mitigants

9. Recommendation
   - Investment decision
   - Ownership target
   - Value-add plan

PE 投資メモ

1. Executive Summary
2. Investment Thesis
3. Business Overview
4. Industry Analysis
5. Financial Performance
6. Management
7. Transaction Overview
8. Value Creation Plan
9. Financial Projections
10. Returns Analysis
11. Risk Factors
12. Recommendation

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出力形式

# INVESTMENT MEMORANDUM
## [Company Name]

**Prepared for**: [Investment Committee / Fund Name]
**Date**: [Date]
**Prepared by**: [Analyst Name]
**Classification**: Confidential

---

## EXECUTIVE SUMMARY

### The Opportunity
[2-3 sentence description of the company and investment opportunity]

### Investment Ask
| Metric | Details |
|--------|---------|
| Round | [Series X / LBO / etc.] |
| Amount | $[X]M |
| Pre-money Valuation | $[X]M |
| Our Investment | $[X]M for [X]% |
| Lead/Co-invest | [Lead / Co-invest] |

### Investment Thesis
1. **[Thesis Point 1]**: [1-2 sentence explanation]
2. **[Thesis Point 2]**: [1-2 sentence explanation]
3. **[Thesis Point 3]**: [1-2 sentence explanation]

### Key Risks
1. [Risk 1]
2. [Risk 2]
3. [Risk 3]

### Recommendation
**[INVEST / PASS / MORE DILIGENCE NEEDED]** at $[X]M for [X]% ownership

---

## 1. COMPANY OVERVIEW

### Background
[Company history, founding story, key milestones]

### Problem & Solution
**Problem**: [What problem does the company solve?]
**Solution**: [How does the company solve it?]

### Business Model
[How the company makes money]

| Revenue Stream | Description | % of Revenue |
|----------------|-------------|--------------|
| [Stream 1] | | |
| [Stream 2] | | |

### Product
[Description of product/service, key features, differentiation]

---

## 2. MARKET OPPORTUNITY

### Market Size
| Segment | Size | Growth | Notes |
|---------|------|--------|-------|
| TAM | $[X]B | [X]% | |
| SAM | $[X]B | [X]% | |
| SOM | $[X]B | [X]% | |

### Market Trends
1. [Trend 1]
2. [Trend 2]
3. [Trend 3]

### Why Now?
[Market timing thesis]

---

## 3. COMPETITIVE LANDSCAPE

### Competitive Position
[How the company positions against competitors]

### Key Competitors
| Competitor | Funding | Strengths | Weaknesses |
|------------|---------|-----------|------------|
| [Comp 1] | $[X]M | | |
| [Comp 2] | $[X]M | | |

### Sustainable Advantages
- [Moat 1]
- [Moat 2]

---

## 4. TEAM

### Founders
| Name | Role | Background | Equity |
|------|------|------------|--------|
| | CEO | | |
| | CTO | | |

### Management Assessment
[Quality of team, gaps, hiring plans]

### Board Composition
[Current board, proposed board seat]

---

## 5. TRACTION & METRICS

### Key Performance Indicators
| Metric | Current | 12M Ago | Growth |
|--------|---------|---------|--------|
| ARR/Revenue | $[X]M | $[X]M | [X]% |
| Customers | [X] | [X] | [X]% |
| [Key Metric] | [X] | [X] | [X]% |

### Unit Economics
| Metric | Value | Benchmark |
|--------|-------|-----------|
| CAC | $[X] | |
| LTV | $[X] | |
| LTV/CAC | [X]x | >3x good |
| Payback | [X] months | |
| Gross Margin | [X]% | |

---

## 6. FINANCIALS

### Historical Performance
| ($M) | Year -2 | Year -1 | Current | Y+1 Proj |
|------|---------|---------|---------|----------|
| Revenue | | | | |
| Gross Profit | | | | |
| EBITDA | | | | |
| Net Income | | | | |
| Cash | | | | |
| Burn Rate | | | | |

### Cash Position & Runway
- Current cash: $[X]M
- Monthly burn: $[X]M
- Runway: [X] months

---

## 7. INVESTMENT TERMS

### Deal Structure
| Term | Details |
|------|---------|
| Security | [Preferred / Common / Convertible] |
| Valuation | $[X]M pre / $[X]M post |
| Round Size | $[X]M |
| Our Investment | $[X]M |
| Ownership | [X]% |
| Board Seat | [Yes/No] |

### Key Terms
- Liquidation Preference: [X]x [participating/non-participating]
- Anti-dilution: [Broad-based weighted average]
- Pro-rata Rights: [Yes/No]
- [Other key terms]

### Cap Table (Pro-forma)
| Shareholder | Pre-round % | Post-round % |
|-------------|-------------|--------------|
| Founders | | |
| Existing Investors | | |
| Option Pool | | |
| This Round | | |

### Use of Funds
| Category | Amount | % |
|----------|--------|---|
| [Use 1] | $[X]M | |
| [Use 2] | $[X]M | |
| [Use 3] | $[X]M | |

---

## 8. RETURNS ANALYSIS

### Investment Scenarios
| Scenario | Exit Value | Multiple | IRR | Probability |
|----------|-----------|----------|-----|-------------|
| Base | $[X]M | [X]x | [X]% | [X]% |
| Bull | $[X]M | [X]x | [X]% | [X]% |
| Bear | $[X]M | [X]x | [X]% | [X]% |

### Exit Considerations
- Potential acquirers: [List]
- IPO potential: [Assessment]
- Timeline: [X-Y years]

---

## 9. RISK ANALYSIS

### Key Risks and Mitigants
| Risk | Likelihood | Impact | Mitigant |
|------|------------|--------|----------|
| [Risk 1] | H/M/L | H/M/L | |
| [Risk 2] | H/M/L | H/M/L | |
| [Risk 3] | H/M/L | H/M/L | |

### Deal-Specific Risks
- [Risk specific to this transaction]

---

## 10. RECOMMENDATION

### Investment Decision
**[INVEST / PASS / CONDITIONAL]**

### Rationale
[3-4 sentences summarizing why this is or isn't a good investment]

### Proposed Terms
- Investment amount: $[X]M
- Target ownership: [X]%
- Board seat: [Yes/No]
- Key conditions: [If any]

### Post-Investment Value Add
1. [How we can help the company]
2. [Strategic introductions]
3. [Operational support]

### Next Steps
1. [Action item 1]
2. [Action item 2]
3. [Action item 3]

---

## APPENDICES

### A. Detailed Financial Model
### B. Customer References
### C. Technical Due Diligence
### D. Legal/IP Review
### E. Background Checks

---

*Prepared by [Fund Name] Investment Team*
*This memorandum is confidential and for internal use only*

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より良い結果を得るためのヒント

1. より網羅的な分析のため、入手可能なデータをすべて提供してください
2. ファンドの基準（投資ステージ、投資額、セクター）を指定してください
3. 対応してほしい懸念事項があれば含めてください
4. ベンチマーク用に類似の取引を挙げてください
5. スケジュールが重要な場合は緊急度を伝えてください

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制限事項

• 一次デューデリジェンスは実施できません
• 分析は提供された情報のみに基づきます
• IC での議論や判断に代わるものではありません
• 最新の市場データを反映していない場合があります
• 投資助言ではありません

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Claude Office Skills コミュニティによって作成されました。貢献を歓迎します！