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. .

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.

Trending Sources

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.”

Syndicate Funding on AngelList – A Company’s Perspective

Seth Levine's 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). How AngelList Syndicates (and FG Angels) Works.

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.

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.

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 Q: When AL launched syndicates, what was your immediate reaction? penchina#syndicate.

The 99 Investor Problem

Seth Levine's 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.

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Three Syndication Traps to Avoid

Inc Startups

3 rookie mistakes to avoid in angel syndication

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 ).

The Importance of Robust Angel Ecosystems

Seth Levine's 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. AngelList Entrepreneurial Ecosystems angel capita angel investing angellist angellist syndicates FG Angels

The Good, Bad, and Ugly of AngelList Syndicates

Inc Startups

A company called AngelList came out with a new product called AngelList Syndicates. Through AngelList Syndicates wealthy individuals can invest their money with so-called "angel" investors, who will turn around and invest the pooled money into start-ups.

5 Tips for Syncing Up Channel Marketing Content Following an M&A

Blogtrepreneur | Entrepreneur Blog

Brands that push out their digital content through content syndication solution providers have an enormous leg up on the competition when it comes to launching or rebranding any part of their business.

Syndicate Your Content to Build Awareness

Inc Startups

To build brand awareness, share your story, and drive new audiences to your website, use content syndication in your communications strategy

AngelList Syndicates: Why Pooling Resources Is Good for Early Stage Investing

Inc Startups

With 300 syndicates, this will change the way companies get funded. AngelList Syndicates, recently launched by AngelList, is a way of allowing small-time backers to pool their resources behind a leader who’s investing in startups. Today, almost 300 syndicates are on AngelList.

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.

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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.

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.

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Doing The Heavy Lifting

A VC : Venture Capital and Technology

Most venture capital investments are made, over time, by syndicates. Some of the firms in the syndicate agree to (or require) having a partner from their firm join the Board of the company. Not all venture capital firms in your syndicate will be the same. I feel incredibly lucky to have someone like that in a syndicate with me. This means a group of venture capital firms develops around a company, usually built over multiples rounds.

Syndicate Funding on AngelList – A Company’s Perspective

Seth Levine's 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). How AngelList Syndicates (and FG Angels) Works.

Venture Capital Syndicates

Florida Venture Blog

My past posts were more about people within a company, but a similar test of commitment happens within investor syndicates. As an investor that typically leads deals, Inflexion spends considerable time and diligence architecting the syndicates in our deals.

Venture Capital Syndicates

Florida Venture Blog

My past posts were more about people within a company, but a similar test of commitment happens within investor syndicates. As an investor that typically leads deals, Inflexion spends considerable time and diligence architecting the syndicates in our deals.

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. .

Venture Capital Syndicates

Florida Venture Blog

congruence consistency dry powder foxhole syndicate strength value-add vc syndicates I’ve written before about how tough markets like this really separate the wheat from the chaff within a company. As if your company were a foxhole, you get to see who stays to fight by your side and who runs to another foxhole with more protection; or worse, who runs away from the fight altogether […].

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.

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.

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.

VC Syndicates: How Many VCs Is Too Many?

A VC : Venture Capital and Technology

But beyond the board, what about the syndicate? I've seen some recent financings where there were six or more VCs firms in the syndicate. We've been asked to participate in first round syndicates with four or more VC firms and we have not done that, at least yet. If you have that many VC firms in your syndicate, then each one will own something like 5-7.5%

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.

Visiting Angels and Entrepreneurs in Northern Europe

Angel Investing News

On May 2 nd and 3 rd , I led workshops for Estonian investors on syndication, due diligence, valuation and the post-investment relationships with entrepreneurs for about 30 angel investors. Angel Groups Angel Investors Syndication Alan Watts Arengufond Estonian Development Fund Colman Investors Xcell Partners DDVE Diane Roberts EBAN Feodor Aminoff FiBAN Finvera Frank Peters Halo Jan D.

Filling Out A Round: When It Matters, and When It Doesn’t

A VC : Venture Capital and Technology

I would not sweat the allocations/syndication decisions that much in a seed deal other than avoid troublemakers at all costs. VC rounds (Srs A, Srs B, Srs C) are generally where the syndicates matter the most. Find a strong lead who will take a board seat, manage the syndicate, and help you. Almost every financing I’ve been involved with over the years (seed, VC, growth, raising a VC fund) goes mostly like this: Struggle like hell to find a lead.

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.

Widgetbox Syndication Metrics

Will Price

The release further positions Widgetbox as the leader in the web widget space and as the backplane for syndicating, publishing, and tracking the widgetsphere. widgets to date and the widgetsphere (check home page for real-time data updates), the total number of widget instances syndicated via the service, is growing by over 40% month over month. Widgetbox just released an analytics dashboard for widget developers. It is free and comes with every widget on Widgetbox.

Leading vs Following

A VC : Venture Capital and Technology

Hunter Walk has a good post up on the coming competition among angels with syndicates to get into deals. Angel List Syndicates are turning angels who have traditionally been followers into leads. That's why they are getting carry from the syndicate, after all. Hunter observes: My guess is there are also some angels who were popular when they represented a $25k check but won’t be as sought after if they try to push $300k into a round.

Do you matter to your investors?

StartupCFO

But a good number are minority investments where we are part of a syndicate. Angels Venture Capital Angel List Fundraising syndicates VCThe model for funding tech startups has changed a lot in recent years. While angel investing has been around forever, Angel list is blowing it up, making it easier for angels of all shapes and sizes to find deal flow and come together. VCs are also getting in on the action with many VCs participating in seed rounds on and off Angel list.

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. Pros: Over-the-top encouragement and support; a cheerleader as a balancing voice among other, what-have-you-done-for-me-lately investor syndicates.

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.

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Seed Round Signaling Revisited: Myths, Truths, & Half-Lies

Genuine VC

Yet even today, whether or not to take a (relatively) small check in a seed round syndicate from a multi-hundred million or even billion dollar fund is still a decision which takes quite a bit of consideration and sometimes consternation. It seems as though it’s been talked about ad nauseum in the blogosphere, but we see first-hand as entrepreneurs we’re investing in at NextView Ventures work through building their seed round syndicates, it really is a tough issue.

Announcing Techstars AngelList Funds for Mentors and Alumni

Feld Thoughts

At Foundry Group, we learned a lot by running our own FG Angels syndicate. AngelList syndicates helps enable seed stage investing at scale. A key ingredient of Techstars accelerator programs is our experienced and engaged mentor community. Mentors embrace the Techstars “Give First” philosophy by offering founders their time, advice, and connections. We treat mentorship seriously – you can read about it in our Mentor Manifesto and my blog series on the mentor manifesto.

Startup Data: 4 Strategies Changing the Speed & Size of Your Series A

View from Seed

Startups with large, lifecycle VCs included in the seed round syndicate did not reach Series A faster than those who did not. If a lifecycle VC was involved in the seed investor syndicate, the Series A was noticeably larger, at a $5.9M