> ## Documentation Index
> Fetch the complete documentation index at: https://hopsdocs.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Investment memo

> Draft memos from diligence notes and company materials in your standard format.

After initial diligence, the notes, decks and data-room files need to become a memo. Hops drafts the investment memo in your standard format and cites the source for every claim.

<Info>
  **How it runs:** Ask Hops, with a skill so the output has the same format every time. No automation needed.
</Info>

## What it does

* **Reads the deal materials.** Hops uses the deck, data-room files and diligence notes in Google Drive or Dropbox, plus internal research in Notion and email threads in Gmail.
* **Follows your format.** Sections are thesis, market, team, product, traction, risks and ask, matching your template.
* **Cites every claim.** Each point names the diligence doc, call notes or data-room file it came from.
* **Never invents metrics.** Missing numbers are listed as open questions.
* **Surfaces risks.** Gaps and inconsistencies between sources are called out.

<Frame>
  <img src="https://mintcdn.com/hopsdocs/E03FYifT87c9QmFJ/images/use-cases/vcpe-investment-memo.gif?s=b0dbc419c86dbf5653467a7f63f0c9e6" alt="Lumen Series A deck.pdf uploaded to Space context, Hops drafts the investment memo from it" width="1440" height="810" data-path="images/use-cases/vcpe-investment-memo.gif" />
</Frame>

## Ask Hops

Copy a prompt into any chat with Hops, or mention `@Hops` in a Space.

```text theme={null}
Draft the investment memo for Lumen from the deck and our diligence notes.
```

```text theme={null}
Write the market and competition sections for the Globex memo, with sources.
```

```text theme={null}
What are the biggest risks in the Acme data room that should go in the memo?
```

```text theme={null}
Update the Lumen memo with the latest numbers from the data room.
```

```text theme={null}
List the open questions we still need to answer before the Northwind memo is final.
```

Example reply:

> Memo draft ready:
>
> * Thesis, market and team drafted with sources.
> * Financial summary from the data room.
> * Risks and open questions listed; 3 metrics not yet verified.

## What you get

* **A draft in chat**, in the same thread, in your memo format.
* **A saved Doc, when you ask for one.** Say "save this as a doc" and Hops writes the memo to **Docs** in the deal Space.

## Connections needed

Connect these apps. Each card opens Connections in the app.

<CardGroup cols={3}>
  <Card title="Google Drive" icon="google-drive" href="https://app.hops.ai/my-hops/connections">
    Data rooms and diligence notes (or Dropbox).
  </Card>

  <Card title="Notion" icon="book" href="https://app.hops.ai/my-hops/connections">
    Internal research.
  </Card>

  <Card title="Gmail" icon="envelope" href="https://app.hops.ai/my-hops/connections">
    Founder and advisor threads.
  </Card>
</CardGroup>

## Set it up

<Steps>
  <Step title="Connect your apps">
    Connect the apps above in **Connections**.

    See [Connections](/docs/connections/overview).
  </Step>

  <Step title="Create the Space">
    Create a **deal-flow** Space per deal in diligence and pin the memo template and thesis framework in Space context.

    See [Spaces](/docs/spaces/overview) and [Space context](/docs/spaces/space-context).
  </Step>

  <Step title="Add the skill">
    Give Hops these instructions:

    ```text theme={null}
    You draft investment memos in the firm's standard format (template in the Space Context document). Sections: thesis, market, team, product, traction, risks, ask. Cite the source (diligence doc, call notes, data-room file) for every claim. Never invent metrics.
    ```

    See [Build a skill](/docs/agents/build-a-skill).
  </Step>

  <Step title="Ask">
    Ask Hops in chat to draft the memo.
  </Step>
</Steps>


## Related topics

- [VC & PE](/teams/vc-pe.md)
- [Explore use cases](/use-cases/overview.md)
- [Founder pipeline and partner meeting](/teams/vc-pe/use-cases/partner-meeting-prep.md)


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