Comments on post “Angel Funds by AngelList”
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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 angels who commit to building a portfolio and investing only through their fund, while it has capital. There are already 35 angels funds, with $15M invested in 220 startups.
You can read more on Quartz or on TechCrunch
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