View from Seed

FEBRUARY 23, 2021

For early stage VC ‘s, Syndication is the process of sharing investments with other potential co-investors. The classic scenario is when a VC has a signed term sheet to lead a round, but has left room open for another meaningful investor. When I started in venture, syndicating deals was fairly common.

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Syndicate Syndication Term Sheet Cofounder 207

View from Seed

JULY 8, 2020

Now many Founders face a situation where they have raised a pre-seed or seed round from a multitude of investors (both angels and institutional groups) on SAFEs or convertible notes — without a term-driving lead investor who serves on the company’s Board of Directors. Download Board Deck Template.

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Email Seed Stage Syndicate Syndication 331

Pascal's View

JULY 9, 2017

At its core, this issue points to the lack of understanding about the importance of post-money valuation by both entrepreneurs and investors. Company Y receives an offer from an angel or ‘unsophisticated’ smaller VC fund that is unwilling to lead and price the equity but wants to ‘invest now’.

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Post-Money Valuation Valuation Cap Table Covenant 49

David Teten

JANUARY 7, 2019

It is very difficult to get an investor to commit without that direct dialogue, ideally with as many of her colleagues as possible. A retail investor might join an existing syndicate on a crowdfunding site based on a deck and maybe an email. At the majority of VCs (including ours), you don’t just have to persuade one Partner.

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Syndicate Syndication Dilution Partner 60

mashable.com

NOVEMBER 2, 2011

Don’t make it sound like a form letter, however, but have your reply and supporting documents ready to go. Look for Your Lead Investor. First you’ll want to find a lead investor — someone many other investors will recognize and respect. Global Syndication Partners. All Rights Reserved.

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Social Media Startup Angel Investor RSS 80

David Teten

JUNE 12, 2014

We saw over time that our investor group, just like Angel List and most other angel groups, was good at syndication and not so good at leading rounds. As a result, we launched the Fast Track program, which helps VCs and active investors who are HBSAANY members to syndicate rounds with value-added members of our network.

New York 114

New York Connecticut Angel Groups Florida 114

www.paulgraham.com

APRIL 28, 2010

Mechanics Angel investors often syndicate deals, which means they join togetherto invest on the same terms. In a syndicate there is usually a"lead" investor who negotiates the terms with the startup. Dont feel like you have to join a syndicate, though. Its not thathard to do it yourself.

Angel Investor 63

Angel Investor Syndicate Syndication Dilution 63