Building the Best Seed Syndicates

View from Seed

At this point, founders find themselves in a luxurious situation of being able to build the best possible syndicate. It’s not necessary to nail down every element of your syndicate simultaneously. I’d make a list of your most important priorities and risks for the business in the next 12 months and shape your syndicate around those skills. These are the top consideration I can think of in building seed syndicates.

AngelList Syndicate Update – Week 1

Feld Thoughts

Our syndicate, which we are going to max out at $450,000, is currently right at $300,000 after one week. Geir Freysson, founder of Five Hundred Plus , did a super cool visualization of some of the top syndicates and how the participants in the syndicate relate to each other. . So – if you want to participate with us and learn a bunch in the process, join our syndicate. The post AngelList Syndicate Update – Week 1 appeared first on Feld Thoughts.

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AngelList Syndicate Feedback From An Experienced Entrepreneur

Feld Thoughts

We recently funded Blinkfire Analytics using our FG Angels Syndicate. So, we were psyched he was willing to do an FG Angels Syndicate with us. When it was oversubscribed they kept their syndicate commitment, but offered a much bigger investment outside the syndicate. When 50% of the money didn’t close, they went back and put it back into the syndicate. The post AngelList Syndicate Feedback From An Experienced Entrepreneur appeared first on Feld Thoughts.

Building the Best Seed VC Syndicate in 2020: Navigating “Leaders” & “Fillers”

View from Seed

In previous blog posts I’ve written about the two main approaches to building a seed round syndicate – the subscription method (where an entrepreneur presets a structure with a convertible note or SAFE and recruits investors who subscribe to the round, all without a term-driving lead investor) and a term-driving lead investor approach. This bifurcation of seed syndicate roles affects how Founders should approach fundraising strategy.

Syndicate Funding on AngelList – A Company’s Perspective

VC Adventure

A few months ago AngelList announced Syndicates - enabling investors on AngelList to create fund-like groups of investors to invest together in AngelList companies (following a single lead investor). It’s a great idea and at Foundry we quickly decided it would be an interesting experiment to form our own syndicate. How AngelList Syndicates (and FG Angels) Works. Syndicates aren’t automatic capita – you’ll still need to work for your money.

Is @AngelList Syndicates Really Such a Big Deal?

Both Sides of the Table

If you track the venture capital industry it would be hard to miss the conversation going on this week over AngelList “Syndicates.” My favorite new VC blogger, Hunter Walk, weighed in with some thoughtful comments about how Syndicates might actually pit, “ angel vs. angel.” I had a chance to discuss AngelList Syndicates with Naval at Michael Kim’s Cendana LP/VC conference on a panel with Naval, Roger Ehrenberg (IA Ventures) and Mike Brown, Jr.

How Content Syndication Can Help Businesses With Demand Generation

YFS Magazine

Every business wants more sales, it’s as simple as that. Yet the million-dollar question is, “How do we get there?” Demand generation is the answer. Grow Marketing & Sales content marketing demand generation marketing

Three New Types of AngelList Syndicates I Hope to See

Hunter Walker

So far most of the top funded AngelList Syndicates look, well, not surprising. Additionally, funds such as Foundry Group and Google Ventures have taken their own approaches – the former creating a separate early stage entity , the latter encouraging their seed stage partners to create standalone personal syndicates. As part of my seed fund Homebrew , we were also one of the first VCs to co-lead an investment alongside an AngelList syndicate (see Shyp ).

How to Evaluate Firms for a Seed VC Syndicate

Genuine VC

Term-driving investor approach – An entrepreneur finds a lead (quasi-)institutional venture investor to price and set the structure/dynamics of the round, working together to bring in additional syndicate partners (either/both other funds and individual angels). Putting together a seed VC syndicate of one or more firms is like fitting together many puzzle pieces.

Invite to PEVCTech June 17 Event: Private Markets Syndication Solutions

David Teten

The post Invite to PEVCTech June 17 Event: Private Markets Syndication Solutions appeared first on David Teten. I hope you’ll join fellow members of PEVCTech.com for an informal discussion around: – Co-investing with family offices and private equity investors in proprietary, direct deals. – The technology stack which makes the deal process efficient and scaleable, without sacrificing the value of relationships.

Really Simple Syndication

Eric Friedman

3 years and 1 day ago I wrote a introductory post about RSS. Since that time a lot has happened with RSS, but I keep referring back to that post. In fact, it became a presentation I did a few times both within my last company (to teach everyone about using a feed reader and staying up to date with clients) to outside at technology events. I don’t think I have referred to any post more than the guide to RSS and it still works even though its 3 years old.

How VCs Structure a Syndicate and Recruit Coinvestors

David Teten

Although EquityZen is primarily an online marketplace for secondary shares in private companies, they also offer syndicated primary investments. Liquidity is often easier to attain for investors who own shares in a syndication vehicle that owns shares in the company, as the change in ownership can be changed at the SPV level, rather than having to involve the company. This is primarily an advantage for the underlying investor in the company, not the VC leading the syndicate. .

Gil Penchina’s Army: How AngelList’s Largest Syndicate Plans to Lead A Rounds, Hire An Associate & Keep VCs Honest

Hunter Walker

But he’s raised the largest syndicate on AngelList , turning himself effectively into a one-man fund for, if not the masses, at least the 270 people who have already committed nearly $3.4m Having followed AngelList Syndicates pretty closely (I believe Homebrew was the first institutional fund to invest alongside one), Gil’s multimillion dollar path and his future plans, strike me as pretty exciting and undercovered by the tech press. . penchina#syndicate.

The Perverse Incentives of Angelist Syndicates

Rob Go

I was chatting with Nick Chirls from Betaworks recently and we talked a bit about Angelist syndicates and the incentives surrounding it. Betaworks was one of the first investors to use Syndicates on the platform in their investment with Estimote (a really cool company, BTW). Nick reminded of an interesting perverse incentive that syndicates creates. Essentially, Angelist syndicates creates an incentive to: Invest a little less. Now let’s say I’m an angelist syndicator.

Mass Relevance Named First Re-Syndication Partner of Twitter

Austin Startup

Mass Relevance today announced that it has been selected by Twitter (blog post) as the first curation partner officially licensed to re-syndicate Twitter content. Content publishers can now work directly with Mass Relevance to publish and display syndicated Twitter content, as well as directly monetize the content through sponsorships or direct response.

Constructing Your Seed Round Syndicate

Rob Go

One area of fundraising that is not that straightforward is how to put together a syndicate of investors for your seed round. Here are a couple things I typically suggest when putting your seed round syndicate together. Although there have been an increase in the number of seed stage investors, seed rounds are still typically composed of at least a handful of different investors, who each have their own processes and incentives.

Why Angelist Syndicates is Great For the Boston Startup Community

Rob Go

Which is why I’m pretty psyched about Angelist syndicates, especially in relation to the Boston startup community. Enter Angelist Syndicates. If I were less actively engaged in the local startup market and had an interest in participating in the emerging tech ecosystem, I would be seeking out these individuals and joining their syndicates. I’ve been thinking a lot about what Angelist means for the entrepreneurial ecosystem, especially here in Boston where I live.

How women entrepreneurs in India are challenging social and cultural norms

The Next Web

Business Entrepreneur Growth Quarters SyndicationIn India, the proportion of women in paid work is among the lowest in the world, at just over 23% – a figure which contrasts sharply with the corresponding rate of over 78% for men. Opportunities for women to enter employment in the country are limited by a range of factors. These include a dominant tradition of female domestic responsibility and prevailing social patriarchy.

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A wealth of sources for startup fundraising – A primer for founders

VC Cafe

Connect Ventures Eze Vidra funding Seedcamp Seedrs SEIS Silicon Valley Bank Startup Accelerators Startup Factory Startup Resources ADV capital AngelList Angels connect ventures corporate VC CrowdCube CVC debt EIS Entrepreneurs equity equity crowndfunding firstminute capital HBS Angels E100 ICOs ipos loans Seed seed funding silicon valley bank Spice VC startup founders startups SVB syndicates Tokens

Ending Our FG Angels Experiment

Feld Thoughts

After two years of a dedicated experiment, we’ve decided to stop making new investments via our FG Angels Syndicate. The Monday after AngelList announced their Syndicate product in September 2013 we decided to to jump in with both feet and start FG Angels. As a result, we were one of the very first syndicates and the first VC firm to create a syndicate. It took a few months for AngelList to gear up Syndicates so that they actually worked.

Accelerators can help startups survive the pandemic by boosting diversity

The Next Web

Entrepreneur Growth Quarters SyndicationBusiness accelerators are programmes which offer various types of support, including training, mentorship, access to workspaces and investment, to early-stage businesses with the aim of helping them through the fragile early stages of growth. They may play a vital role in post-COVID-19 recovery.

The 99 Investor Problem

VC Adventure

We structure our investment in companies via an LLC that has all the individual FG Angels syndicate members in it. This simplifies life for the company as they only end up with 1 investor – the FG Angels syndicate LCC – rather than a bunch of individual investors. At this point we have 217 backers in our syndicate, so with us each company would end up having 218 separate investors if we didn’t use the LLC. AngelList handles the syndicate signature.

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When VCs Invest Together, Does Ability or Affinity Matter?

Feld Thoughts

Venture Capital gompers hbs syndicate VC I woke up to a bunch of VC related things in my twitter stream this morning. I had a nice digital sabbath yesterday so I was a little surprised by how much there was. I tried cranking out a #tweetstorm of them using Little Pork Chop but I found the tweetstream experience to be very unsatisfying and very inauthentic feeling. The links are good, so here they are if you want to get in the headspace for what I really want to talk about.

The Importance of Robust Angel Ecosystems

VC Adventure

Most angel deals happen in syndicates (meaning multiple investors participate), yet many angels are extremely poor at working together with other potential investors. The results are burdensome on a company, result in the duplication and overlap of due diligence and force too much of the syndication work on the company itself. There’s also some interesting data that we haven’t published yet on the 66 companies that ended up being a part of our AngelList Syndicate.

When VCs Invest Together, Does Ability or Affinity Matter?

Feld Thoughts

Venture Capital gompers hbs syndicate VC I woke up to a bunch of VC related things in my twitter stream this morning. I had a nice digital sabbath yesterday so I was a little surprised by how much there was. I tried cranking out a #tweetstorm of them using Little Pork Chop but I found the tweetstream experience to be very unsatisfying and very inauthentic feeling. The links are good, so here they are if you want to get in the headspace for what I really want to talk about.

UK VC trend points to smaller, less syndicated deals

Fred Destin

which is the lowest in 9 years Striking trend 2: syndication dropped below 60% to 54% for the first time in 10 years So many smaller deals done by single investors. The busiest investors were YFM (as a Group), Octopus Ventures, Amadeus and Finance Wales.See the impact of VCT and Regionals Levels of syndication dropped significantly to 54% (66%) of deals.

Weekend Favs April Twelve

Duct Tape Marketing

Syndical – Service that makes it easy to create and share events across networks. DTM Favs Grapevine6 Snappy Checkout Syndical Weekend Favs April Twelve written by John Jantsch read more at Small Business Marketing Blog from Duct Tape Marketing. My weekend blog post routine includes posting links to a handful of tools or great content I ran across during the week. I don’t go into depth about the finds, but encourage you check them out if they sound interesting.

So You Wanna be a VC?

Professor VC

When AngelList first launched syndicates a few years ago, I was very skeptical of the idea of angels taking carry on my investment. So what changed and why I am now launching a syndicate? In looking at how syndicates have developed, there have been a lot of positives for both angels and entrepreneurs. Some syndicate leads have gotten allocations in competitive deals where angels wouldn't have had the opportunity to invest previously.

PurPics Closes on $2 Million in Funding to Connect Brands to Generation Z

SiliconHills

The Austin-based startup reported that Felton Group, the family office of Jaffray Woodriff, led the round with participation from The Syndicate Fund and Techstars Ventures.

Sharp Elbows Among Seed VCs

View from Seed

Historically, seed rounds were syndicated among several different firms. Today, we are seeing less syndication of seed rounds and sharper elbows among many of the funds in the market. Instead of broadly syndicated rounds, we are seeing much more competition for fewer slots. It is actually no surprised that the syndication-friendly nature of seed investing is changing.

Overclocking Content: How To Get More From What You Already Create

Entrepreneurs-Journey.com by Yaro Starak

In an ideal world I’d have a team of outsourcers pounce on every blog post I write and ensure it’s made into all media formats and syndicated as far as we can take it. Tags: Content Creation Online Marketing & Internet Business Guides content distribution multimedia formats online syndication social media distribution viral marketing

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A Guide: Successfully Hiring Code Bootcamp Grads

For Entrepreneurs

Rob is the co-founder of Salsify, a leading cloud-based product content management and syndication solution that I invested in in 2013 and where I currently serve on the board. The following is a guest post by Rob Gonzalez. Prior to founding Salsify, Rob was at IBM, Endeca and Cambridge Semantics in senior product management roles. Recruiting Hiring Startup Help

Having Success With Code Bootcamps: Hiring Lessons For Employers

For Entrepreneurs

Rob is the co-founder of Salsify, a leading cloud-based product content management and syndication solution that I invested in in 2013 and where I currently serve on the board. The following is part two of a guest post series by Rob Gonzalez. You can find part 1 here. Prior to founding Salsify, Rob was at. Recruiting Hiring Startup Help

Launching FG Angels To Make Investments on AngelList

Feld Thoughts

We’ll be doing this via AngelList’s new Syndicate approach through an entity called FG Angel where we will create a syndicate of up to $500,000, allowing others to invest $450,000 alongside anything we do. Foundry Group ) can create the syndicate in the future, at which point we’ll move the activity over to there. As of today, we have a new way for people to invest alongside of us – via AngelList’s syndicate.

Updating Your Seed Investors – Board Deck & Update Email Templates

View from Seed

Although many of these investors aim to actively help the company, the dynamics of the syndicate combined with the entrepreneurs’ preference result in a situation where there isn’t a regular assembling for a formal meeting. Today I’m excited to announce the relaunch of our most popular resource ever: board meeting deck templates for seed-stage startups, now in conjunction with an investor update email template. Download Board Deck Template . Download Investor Update Email Template.

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Having Success With Code Bootcamps: Where To Work As A Bootcamp Grad

For Entrepreneurs

Rob is the co-founder of Salsify, a leading cloud-based product content management and syndication solution that I invested in in 2013 and where I currently serve on the board. The following is part three of a guest post series by Rob Gonzalez. You can find part 1 here and part 2 here. Prior to founding Salsify, Rob. Recruiting Hiring Startup Help

10 Alternative Funding Sources For Your New Venture

Startup Professionals Musings

Most metropolitan areas have groups of local high-net-worth individuals interested in supporting startups, and willing to syndicate amounts up to a million dollars for qualified startups.

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Our First FG Angels Investment in OnTheGo Platforms Has Closed

Feld Thoughts

This morning we announced that we have closed a financing in OnTheGo Platforms via our FG Angels syndicate. On October 1st, 2013 we announced that we’d be forming an AngelList syndicate called FG Angels and making 50 seed investments through AngelList by the end of 2014. from our Foundry Group funds for this effort and decided to max out the syndicate at $500k / investment, or $25m total. would come from syndicate participants.

Friday Funism – “Doable Deal”

View from Seed

how much the company is raising, valuation expectations, round/syndicate dynamics, etc.). One of the key conversations that happens during NextView’s evaluation of an investment is the “debrief” after the partner meeting , where the entire partnership gets the opportunity to interact with the founding team and dive deeper into the business. . During the debrief, we would discuss not only aspects of the company (i.e.

Understanding Different Types of Angel Investors

View from Seed

Pros: Industry-insider who serves as a validator for the rest of the investment syndicate, extremely helpful advice and network connections. Having someone who the founder or founding team has worked with before can be a good validator to other syndicate investors and future investors that they all work well together. Pros: Over-the-top encouragement and support; a cheerleader as a balancing voice among other, what-have-you-done-for-me-lately investor syndicates.

Second Order Impact of FG Angels

Feld Thoughts

If you’ve been following along at home, you know that we recently created an AngelList Syndicate called FG Angels. We’ll contribute $50k to each investment; our FG Angels Syndicate will contribute up to $450k. Shortly after doing our first few investments, I got a really nice email from a member of Impact Angel Group , a Colorado-based angel group that organized an investment in the FG Angels syndicate.

Supporting HBCUvc’s VC Lab and Fund

Feld Thoughts

Primary learnings for the fellows include: Originating investment opportunities Conducting due diligence Syndicating transactions Executing transactions Supporting founders and portfolio companies. Amy and I, through our Anchor Point Foundation , are supporting HBCUvc’s VC Lab and Fund.

Why We Invested in Marlo

View from Seed

It’s no surprise to me that fast-forward a few months later, along with some seed capital from NextView and our syndicate partner Underscore to accelerate their efforts, the team has grown the service to reach dozens of companies and employees of all stripes, as featured in today’s Scott Kirsner Globe article. Meetings can suck. I know that you’ve been there. Stuck in a meeting which wasn’t productive. Not for you, and not for many (or even all) of the participants.