nivi
Joined 19 years ago
Karma
769
Submissions
154
Member since
Apr 2
I do AngelList and Venture Hacks http://angel.co http://venturehacks.com http://twitter.com/venturehacks
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Comment · 9 years ago
Last time we got this comment, we checked the #'s and leads put in 16% of the investment on average.
Compare that to 1-5% for a typical VC fund. Partners in a VC fund also take out 10-20% of the fund in management fees.
You can learn more here https://angel.co/economics-syndicates
Some leads have low skin in the game. In that case, you can always opt out of their investments. Or invest in our funds and we'll make the decision for you (for no additional cost) http://angel.co/funds
P.S. We don't hate VCs. They are among our users and customers.
Comment · 10 years ago
The fund invests in a subset of syndicated deals. About half of them historically. The investment team consists of experienced investors including Naval (my co-founder). Details here https://angel.co/access-fund
Comment · 10 years ago
The real story is 46% unrealized returns on 2013 syndicate investments. Which is in the upper top quartile of VC.
And A-List, a premium recruiting product for busy companies. That complements our free recruiting product with 180K active candidates.
Down markets are a good time to invest, but we're not anticipating one.
Comment · 13 years ago
Yes, thanks and fixed. :-)
Comment · 13 years ago
We call them “1-man startups” internally. Hence the title. =) Actual 1-person startups are an interesting topic too, for a future post.
Comment · 13 years ago
Hey, this is Nivi from AngelList. Please let me know if you have any questions. And please keep the comments coming. We are iterating on it right now.