Coalition: A new fund meets new economic model

Divvy - $180M raised with a16z/Caffeinated/Max Levchin.

Then, we decided to revisit fundraising (and do it differently). We set up an AngelList Roll-Up Vehicle (RUV). Through an RUV, any accredited investor can contribute, up to 250 individual investors in a single round. Our first step with the RUV was to email it to our customers. Why? Because fundamentally, I wanted to enrich the people that are maki... See more

54:50 - Slack created a venture fund attached to their ecosystem so they would try to be financially aligned with their ecosystem as much as they could.

While the majority of the broader venture market is still dominated by large traditional firms we're seeing more changes in the space than ever before. Celebrities are not only active angels but they're building firms whether its The Chainsmokers or Serena Williams. Angel investing has exploded past $25B in capital invested and you're seeing a broa... See more

Technology, new fund structures, and regulatory changes are combining to work their magic here, too. Platforms like AngelList and Forge give regular (albeit, currently, high net worth) people the opportunity to access high risk, high reward venture investments, from early to late stage, and even in the public markets.

2. About slide: value proposition to founders, achievements and fund differentiators