Rob Go

OCTOBER 12, 2016

Nearly all seed rounds we are a part of include angel investors. In almost all of these cases, these smaller investors were included into a syndicate because they “added value” either through domain or functional expertise or through their network. Sometimes, founders take a shotgun approach.

Angel Investor 28

Angel Investor Syndicate Syndication Seed Stage 28

Agile VC

DECEMBER 19, 2013

It’s been awhile since we worked together on a daily basis so a lot was just general catch up, but one of the primary reasons for our chat was that this person was starting to become a more active angel investor and was just looking for feedback. ” But as an angel one can overweight this factor.

Angel Investor 265

Angel Investor Early Stage Syndicate Syndication 265

This is going to be BIG.

DECEMBER 3, 2020

The partner at the fund, the VC, gets to do the fun part—the meeting with founders, vetting deals, negotiating, helping, etc. Fund investing can be additive to your angel investing and there are two main arguments for it: Getting indirect benefits from being invested in one or more funds. So what’s the point? What check size is that?

Portfolio 134

Portfolio Syndicate Syndication Deal Flow 134

View from Seed

AUGUST 12, 2015

I once showed a company to another VC for an investment we were syndicating. This investor loved the team and thought the solution they were building was compelling. I loved the founder but was struggling because this just didn’t seem “big enough” to me. But these were the early days of the company.

Seed Stage 120

Seed Stage Marketing Angel Investor Term Sheet 120

View from Seed

AUGUST 12, 2015

I once showed a company to another VC for an investment we were syndicating. This investor loved the team and thought the solution they were building was compelling. I loved the founder but was struggling because this just didn’t seem “big enough” to me. But these were the early days of the company.

Seed Stage 120

Seed Stage Marketing Angel Investor Term Sheet 120

Feld Thoughts

OCTOBER 1, 2015

The co-founders are Greg Gottesman, Geoff Entress, Mike Galgon, and Ben Gilbert. Greg is a co-founder of Madrona and long-time VC. Geoff worked with Greg at Madrona for a decade and is one of the most prolific and successful angel investors in the Pacific Northwest. Ben was a co-founder of Madrona Labs with Greg.

Seattle 70

Seattle San Francisco Angel Investor Syndicate 70

Both Sides of the Table

APRIL 27, 2014

I told my friend that I felt that in 2014 too many new VCs feel the pressure to chase deals, to be a part of syndicates with other brand names and to pounce on top of every startup whose numbers are trending up quickly. Co-founder discontent. What would this founder do if he got an offer to be acquihired quickly by Facebook?

Cofounder 374

Cofounder Syndicate Syndication Early Stage 374

mashable.com

MAY 9, 2011

He is a serial entrepreneur, internationally syndicated columnist, angel investor, public speaker and author of the best-selling book Never Get a “Real&# Job: How To Dump Your Boss, Build a Business and Not Go Broke. Leadership Abilities Are A Must It’s natural to want a tech savvy and competent CTO. startupcto

CTO Hire 73

CTO Hire Fractional CTO CTO Technical Review 73

Both Sides of the Table

JANUARY 18, 2014

If the deal is from out of your geography and/or out of your focus area or a deal is being referred by a well-know investor who normally co-invests with similar syndicates – at least ask yourself, “Why am I so lucky to be getting this call.” I’m certain we’ll talk about it soon enough.

Cofounder 337

Cofounder Syndicate Syndication Angel Investor 337

ReadWriteStart

APRIL 13, 2012

In 1998, before they even incorporated, Google founders Sergey Brin and Larry Page were trying to present their concept to early-stage, or "angel" investors, with limited success. Sun Microsystems co-founder Andy Bechtolsheim was one such angel. So what do angels want? How realistic are your projections?

Angel Investor 128

Angel Investor Syndicate Syndication Exit Strategy 128

YoungUpstarts

JULY 6, 2017

by Brad Mishlove, CEO and founder of Catapult Groups. No business owner should enter into an agreement with an investor before learning about the terms they offer and their reputation. ANGEL INVESTOR : These are individuals who offer capital to startups in exchange for equity, partial ownership or convertible debt.

Syndicate 127

Syndicate Syndication Software Review Angel Investor 127

Hippoland

SEPTEMBER 11, 2016

Founder: And then that angel investor said, “This is definitely interesting. This has happened 3x in the last 2 days but none of these angels have written a check - is this bad signaling? Angel investors are not professionals, so it’s not necessarily bad signaling since they may not do many investments.

Angel Investor 48

Angel Investor Syndicate Syndication America 48

Feld Thoughts

AUGUST 10, 2010

In this case neither Niel (nor I) had any interest in creating a traditional syndicate to fund the company. Niel and I hammered out a second financing in similar fashion (again around the Foundry conference table, this time without the need for an angel roadshow). Executing against that idea is another matter.

Syndicate 120

Syndicate Syndication Angel Financing Finance 120

Hunter Walker

AUGUST 11, 2014

” There’s a reason why I won’t – because it means putting my reputation on the line for a founderI don’t really know. DON’T tell other investors that “Hunter suggested” you reach out if I didn’t actually say you could use my name. DO follow-up with me post-introduction.

Seed Stage 124

Seed Stage Syndicate Syndication Angel Investor 124

Feld Thoughts

AUGUST 2, 2010

In addition, I’ve made many seed investments as an angel investor in two time periods,1994-1996 and 2006-2007, and seen many more through my involvement as a co-founder of TechStars. ?Our At Foundry Group, we describe ourselves as being “syndication agnostic&#. each are equally happy situations.)

Angel Investor 152

Angel Investor Cofounder Syndicate Syndication 152

Professor VC

APRIL 1, 2010

In my experience, venture investors are more focused on percentage ownership, which obviously requires a trade-off with the amount invested and valuation. I had a discussi on with another angel investor a few months ago and he was bragging about the deal he just struck that included a 3X participating liquidation preference.

Term Sheet 32

Term Sheet Angel Investor San Jose Venture Capital 32

K9 Ventures

JULY 19, 2012

K9 Ventures II will still be syndicating most investments with other seed and angel investors. The necessary, but not sufficient, criteria are: Technical Founders : Founders with the ability to build their own product and have the potential/inclination to lead the business.

Technology 132

Technology Seed Stage San Francisco Limited Partner 132

K9 Ventures

JULY 19, 2012

K9 Ventures II will still be syndicating most investments with other seed and angel investors. The necessary, but not sufficient, criteria are: Technical Founders : Founders with the ability to build their own product and have the potential/inclination to lead the business.

Technology 132

Technology Seed Stage San Francisco Limited Partner 132

Rob Go

JANUARY 27, 2014

Often early rounds included angel investors, and these usually fell into two categories. The first were people who know the founder really well, and believe in them. They wrote a check because they believed in the talents of the founder and wanted to support him or her. But this is slowly changing. One Company at a Time.

Syndicate 73

Syndicate Syndication Early Stage Cap Table 73

Agile VC

DECEMBER 5, 2011

seed round from NextView, Atlas Venture, and Google Ventures, and angel investors. Objective Logistics co-founders Philip Beauregard and Matt Grace sent out this illustration immediately after the round was announced which I think keeps this in perspective nicely. Objective Logistics just closed a $1.5M

Silicon Valley 100

Silicon Valley Seed Stage Syndicate Syndication 100

Austin Startup

MARCH 7, 2021

Austin, Dallas, Houston, San Antonio form a massive startup Megalopolis that is attracting top talent, impact-focused investors, and the most innovative companies in the world. Startups and investors should treat Texas like one big city. Joe Lonsdale. Drew Houston. Jim Breyer. Charles Schwab. Hewlett Packard. Who’s next?

Texas 90

Texas San Antonio Houston Dallas 90

Rob Go

NOVEMBER 18, 2014

This week, we helped organize an Angel Bootcamp where some of Boston’s most successful angel investors shared their experiences and lessons learned to a crowd of aspiring angels and entrepreneurs. The reason is that most seed syndicates have room for 5-10 angels or more, but only room for 1-3 funds.

Syndicate 66

Syndicate Syndication Due Diligence Liquidity Event 66

Professor VC

JULY 25, 2013

I''m a strong believer in fairness (although my daughters may not agree) and investors and entrepreneurs working together as a team to create something valuable to all stakeholders (customers, employees, founders, investors). I was working closely with an entrepreneur and introduced another angel investor to the company.

Term Sheet 46

Term Sheet Silicon Valley Syndicate Syndication 46

Professor VC

JANUARY 17, 2008

Touched by an Angel. I think the title of this post is a TV show, but fitting as there has been much debate in the venture community as to the whether angel investors are good or bad for entrepreneurs and VCs. What would the VC corollary to Touched by an Angel, be. Thursday, January 17, 2008. return on investment after 3.5

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

Hunter Walker

JANUARY 20, 2015

Instead I want to comment on what a “10x Angel” looks like – the type of individual investor who delivers value to the startup in ways that are notably different than the average funder. One reason Satya and I thought we had Product Market Fit for starting Homebrew was behavior we saw as angel investors.

Cap Table 48

Cap Table Warrant Syndicate Syndication 48

View from Seed

AUGUST 26, 2015

And although this is written for angel investors, I think entrepreneurs can only benefit by increasing their knowledge around these investors and hope you’ll continue reading if that’s you. They also want to help founders and want their products and services to exist. Outcomes in angel investing exhibit a power law.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

View from Seed

AUGUST 26, 2015

And although this is written for angel investors, I think entrepreneurs can only benefit by increasing their knowledge around these investors and hope you’ll continue reading if that’s you. They also want to help founders and want their products and services to exist. Outcomes in angel investing exhibit a power law.

Technical Review 120

Technical Review Angel Investor Software Review Silicon Valley 120

Gust

OCTOBER 29, 2014

That’s why one of the best options for you today is to join a local angel investor group, where you will work collegially with 25-250 other investors to hear pitches from companies, do your due diligence homework, and then—if you are interested—pool your money with the others to make meaningful investments.

Accredited Investor 157

Accredited Investor Securities and Exchange Commission Technical Review Due Diligence 157

Berkonomics

DECEMBER 17, 2020

Angel groups invest from $250,000 to $1,000,000 or more in qualified investments. Some can supply more when syndicating with other such groups. How many angel groups are there? Email readers, continue here… ] The Angel Capital Association (ACA) lists over four hundred member groups, located throughout the USA.

Equity 62

Equity Finance Liquidity Event Angel Groups 62

VC Adventure

AUGUST 10, 2010

To be clear, while there is a small group of us that are Trada founders, the idea of Trada is completely Niel’s. In this case neither Niel (nor I) had any interest in creating a traditional syndicate to fund the company. Of course coming up with the idea is the easy part. Executing against that idea is another matter.

Syndicate 74

Syndicate Syndication Due Diligence SEM 74

Rob Go

NOVEMBER 10, 2011

I once showed a company to an investor for an investment we were syndicating. This investor loved the team and thought the solution they were building was compelling. I loved the founder, but was struggling because this just didn’t seem “big enough” to me. But these were the early days of the company.

Marketing 52

Marketing Angel Investor Syndicate Syndication 52

Rob Go

MARCH 10, 2012

Syndicate diversification. In some seed rounds, we invest mainly with seed investors and angels. So for the most part, we try not to be too dogmatic about syndicate partners. As an investor, I’m building a portfolio, but a founder has a portfolio of one.

Seed Stage 49

Seed Stage Syndicate Syndication Marketing 49

View from Seed

MAY 29, 2019

Historically, seed rounds were syndicated among several different firms. Early seed funds and super-angels typically wrote $250-$500K checks, and rounds of $2–3M would be composed of 3–4 funds collaborating together along with a handful of angels. Is This is Good or Bad for Founders?

Syndicate 267

Syndicate Syndication Cofounder Cap Table 267

www.paulgraham.com

APRIL 28, 2010

I think it would help founders to understand funding better—notjust the mechanics of it, but what investors are thinking. And if trouble withinvestors is one of the biggest threats to a startup, managing themis one of the most important skills founders need to learn. Angel Investors Angels are individual rich people.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Gust

OCTOBER 20, 2011

Individual accredited investors in typical angel deals put personal capital at risk for an equity share of growth-oriented, start-up companies. These angel investors generally invest $25,000 to $100,000 in a round totaling $250,000 to $1,000,000. A local network of angels is critical to achieving a diversified portfolio.

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

www.paulgraham.com

APRIL 28, 2010

When youhear people talking about a successful angel investor, theyre notsaying "He got a 4x liquidation preference." Mechanics Angel investors often syndicate deals, which means they join togetherto invest on the same terms. Dont feel like you have to join a syndicate, though. How much does an angel invest?

Angel Investor 63

Angel Investor Syndicate Syndication Dilution 63

David Teten

DECEMBER 3, 2019

Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP. – angel investor networks ( AngelList , FundersClub , OurCrowd , Republic *, SeedInvest ). . 3) Raise capital.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78