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Angel Funds by AngelList

The easiest way for angels to start a venture fund

Discussion

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Ryan Hoover
@rrhoover · Founder, Product Hunt
💕 this ending quote from Nivi's blog post about the announcement: "It's a great time to be an entrepreneur, an angel–or both." I'm excited to see how Angel Funds enables a new wave of angels that previously didn't have access to capital or infrastructure to start investing. Also props to Maiden Lane, putting $35M to work (more on TechCrunch).
H
Ben Tossell
@bentossell · Community Lead, Product Hunt
Angel Funds are the easiest way for angels to start a venture fund, without the hassle. They raise capital up front so they can make investments quickly and privately. Angel Funds provide infrastructure and capital so the operator-angels that startups love can make larger investments, without the overhead of running a fund. Angel funds are for notable angel… See more
brryant
@bryantchou · co-founder, webflow
This is awesome. I've always wondered what the barrier of entry would be to start my own VC fund. This looks like it will at the very least lower the operational overhead.
Jack Smith
@_jacksmith · Serial Entrepreneur & Startup Adviser
~$12,500 for the administrative costs + back office is crazy cheap. For context, I've heard from other VC funds about having their lawyers go over a $100k budget, just to set up a relatively small $10m-$20m fund.
Sarah A. Downey
@sarahadowney · Principal, Accomplice
Awesome. @naval and @nivi, can you lay out the difference between syndicates and angel funds?