[PreMoney SF 2016] Kevin Laws > The Future of AngelList and Online Investing

AngelListJ U N E 2 0 1 6

Yesterday

“If the law says we can’t do that, change the law.”

Naval Ravikant, November 2011

Today

Social Network for Startups

FundraisingTalent

Talent

40,000 new candidate profiles a month

Over 10,000 Hires To Date

5,000 new job listings per month

+

=

And now “A List” at https://alist.co

Fundraising

Syndicates

Structured as pop-up, online, venture funds

LPs invest one deal at a time

Lead puts skin in the game

(average 16%)

Online closing and tracking

Designed for scale: 165 syndicates

Deals by experienced angels & VCs

Often founders, close to startup

community

Leads earn carry—no mgmt

fees

LPs are individuals or institutions

Financing deals done by accredited investors leveraging the expertise of

an experienced angel

Syndicates

$175kallocation

PATIENTS KNOW BESTElad Gil

$25k$150k

Eladsyndicat

e

15% carry to Elad5% carry to AngelList

No management fees

38 investors

$150k

BACKED BY

Fundraising to Date

$ Raised Online $360M

Companies Raised Online>500 last 12 months

>1,000

Investors >3,000

Median Raise $208,000

Fundraising is Now Mostly Invitation Only

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

9%5%

16% 17%20% 22%

37%43%

57%64%

% o

f Dea

ls

Most Deals Have a Limited Number of

Investors

0-10 11-20 21-30 31-40 41-50 51-60 61-70 71-80 81-90 91-98

17%19%

18%

13%

9%7%

6%5%

2%4%

Investors in Each Deal

% o

f Dea

ls

Follow Founder/Investor Leads to Get Invited

https://angel.co/500startups/syndicate

Or Get Broad Exposure via Funds

angel.co/funds

Introducing AngelList Capital Program

For Investors doing $100K+ a month

Choose Deal by Deal

Under Confidentiality Agreements

Access to Private Deals (with lead/company permission )

Email alex@angel.co

A Platform for Startups