Common Stock Equity Security Syndication 
Professor VC
MARCH 12, 2015
I started using Authy for two-factor authentication to provide greater security in my digital currency trading. It was a great product addressing a large market opportunity and was interested in seeing how the AngelList syndicate process worked. Syndicates can either be company led or investor led.
www.paulgraham.com
APRIL 28, 2010
A lawyer I asked about it said: When the company goes public, the SEC will carefully study all prior issuances of stock by the company and demand that it take immediate action to cure any past violations of securities laws. Some angel investors join together in syndicates. Theres only common stock at this stage.
Expert insights. Personalized for you.
28 
Let's personalize your content