Preliminary Information – not for Fundraising
Our team all started as angel investors
• Scouting for deals
• Sharing deals with friends
• Trying to add more value than just our money
• Working with young exciting entrepreneurs
I got lucky more than a few times
Then I learned about syndicates
How do syndicates work
• Single purpose LLC for each deal
• Syndicate lead invests and explains the deal
• Investors opt-in to each deal
• Investors Docusign
• AL pulls the cash via ACH (wire is optional)
• AL handles tax, compliance, legal
• 0/20 carry is the norm
• Syndicate leads only make money when investors make money
We operate
• 3 of the top 5 syndicates
• Focused teams in verticals including:SAAS, IOT, Fin Tech, Ad Tech, Ed Tech, Marketplaces and more
• UK, CA and Israel funds
• Indiegogo Hardware fund
Backers
• Get notified oneach deal
• Opt out if you don’t like it
Get emails with all the hot deals
Diversify and get 100 deals with one investment
Why back a syndicate?
• Backers get priority access to the hot deals
• Recent examples:
– Beepi, Series B led by Foundation
– Boost Media Series C led by Battery
– Blockstream seed, led by Reid Hoffman, LinkedinFounder
The Syndicates creates massive resources
20 Fund Partners
Zach Coelius Michael Jones Rick Marini Kyle York Nathan CreswellAdTech CEO Science, MySpace CEO Branchout CEO DYN CRO, CMO Zuora Product ExecBig Data Company building Virality Sales Mgmt Billing, Product
Jeff Epstein Lou Kerner Renee Diresta Peter Pham Nancy FechnayOracle, Doubleclick Goldman, Social Internet OATV Ventures Photobucket KPCB, TechstarsCFO Fundraising Bus Development BD, Fundraising Seed investing
Nick Sullivan Jeremy Conrad Michael TerpinJim Scheinman Helen BoniskeCTO, VP Eng Lemnos, AirForce Transform Group Tango, Bebo LemnosScaling, Hiring Hardware EngineeringPR, Events Consumeer, Ad sales Hiring, Ops
Full Carry Partners – a wide range of skills
The Syndicates creates massive resources
20 Fund Partners
100 Volunteer Partners and Scouts
The Syndicates creates massive resources
20 Fund Partners
100 Volunteer Partners and Scouts
2,000 Engaged Backers
2,000 backers – only 99 allowed in each deal
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Building a
• The goal for this year is to have 50+ Investing Partners with experience in every functional area
• But the bigger opportunity is to turn 2,000+ LP’s into a competitive advantage
• We’ve built a software platform to leverage their connections and followers on
• Our Value-Add platform connects via API to AngelList, creating a network on top of a network
Offer expertise requested by the lead or
startup
Example Features
Micro-Value-Add tasks from thousands of Backers
Leaderboard that lets you earn access to deal flow
Coming soon
@Angelmob.co
I’m hoping you will join our movement
• Join AngelList and do some investing
• Back our syndicates – get access to deals
• Join our scout program - get carry for bringing us great deals
• If you have pro-rata rights you can’t afford to use them, let us use them and share the carry with you
• Partner with us to launch a syndicate – we now have a business helping you become a VC
• Or just start your own syndicate and join us on the adventure as a fellow explorer in this new industry