How We Just Raised $6M At An $80M Valuation From 100+ Investors Using A Link (Without Pitching)

That’s it. In less time than it takes to set up a Slack group, your company can raise as much money as it might in a months-long, dilutive venture capital fundraising process or in an equally painful venture debt raise that leaves you with liens on your business and warrants outstanding.

In the past, there have been many attempts at disrupting venture capital:

• The proliferation of angel investors (AngelList, 2010)


• Enactment and regulation of equity crowdfunding (Jobs Act, 2012)


• Cryptonative crowdfunding via token sales (2013)

While many of these efforts were successful at generating a greater supply of passive capital for founders, the... See more

Almost immediately, I raised $1.1M from an all-star cast of angel investors and venture capital firms, including Max Levchin, Chris Sacca, Ron Conway, Naval Ravikant, Collaborative Fund, Accel Partners, and First Round Capital. A few months later, in May 2012, we raised $7M more. Mike Abbott from Kleiner Perkins Caufield & Byers (KPCB), a top-t... See more

Defining "AngelList" is tricky. AngelList isn't just one company. Technically, three separate entities leverage the brand: AngelList Venture, AngelList Talent, and AngelList India. That's without mentioning businesses that spun out from the company, including Republic and CoinList. Or, indeed, Product Hunt, which AngelList owned between 2016 and 20

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Of these companies that become well financed we only need 15–25% of those to pan out to return 2–3x the fund. But this is all driven on the assumption that we didn’t write a $20 million check out of the gate, that we didn’t pay a $100 million pre-money valuation and that we took a meaningful ownership stake by making a very early bet on founders an... See more

The best example of this alternative product is Indie.VC, run by Bryce Roberts. Over the course of 6 years, Indie invested in 40 companies. It held the two key components of limited fund size and gave equity optionality through redemption clauses or equity buybacks. The results are encouraging, with a 51% IRR and 4.3x TVPI, while 87% of the compani... See more