So, Which Syndicates? How Much?

syndicate

I promised no more long pieces, but people wanted to know what syndicates I’m investing in specifically, and they don’t seem to know that you can look under my “Representative Angel Investments” page (see above) to see what I’m doing. Here’s the basic breakdown as it stands now. Seeing as there is an anticipated dealflow commitment of more than 100 deals (although roughly half of those are to FG Angels, for whom I’m doing a tiny amount per deal), I won’t be investing at my standard investment amount. But the overall amount committed annually should probably double in size from the average over the last few years. I also have a few other syndicates I’ve put in for, and others (Jeff Seibert, Jennifer Lum, Phil Beauregard, etc.) I’m trying to convince. I’ll update on the  Representative Angel Investment page if I get them, and probably once a quarter show what companies those investments have been in.  In some ways these are the prototypical angel investments–maximum name dropping/bragging rights for small commitments and uncertain outcomes.  Let’s see what happens…

Syndicate                   My Size     Fees      Expected #deals/yr     FundSize (11/28/13)

Naval Ravikant          xx             0/20       5                                $382,000    (AngelList)

Wayne Chang            xxx           0/5         5                                 $167,000    (Crashlytics)

Kevin Rose                 xx              0/5        5                               $2,612,500    (GV)

Salil Deshpande         xxx           0/5         6                                  $80,000    (Bain Capital)

Elad Gil                      x              0/25        4                                  $162,000    (xGoogler)

Thomas Korte             x              0/20       8                                    $97,000     (AngelPad)

Matt Mullenweg         x              0/20        10                                  $46,500    (Automattic)

FG Angels                   x              0/20        50                                $392,000 (Foundry)

Semil Shah                 x              0/20         10                                 $77,000  (blogger)

9 Syndicates                                                103 deals/yr anticipated,

Here’s an FAQ done by FG Angels. Will any of this work? I’m betting it does, but who knows? As the Foundry folks wrote: Are there AngelList specific dynamics which make an investment more/less attractive? We have no clue! That’s one of the reasons why we started FG Angel: to learn how this new channel of investing changes investing itself.

The same holds true for my new investing thesis. Happy Thanksgiving, and may few of your investments end up as turkeys.


3 thoughts on “So, Which Syndicates? How Much?

  1. Desmond Pieri Reply

    Hope you are having a little break at Thanksgiving. Glad to see that BuySide is doing well!

    Des

    From: WordPress Reply-To: Vermont View on Startups | Ty Danco Date: Thursday, November 28, 2013 2:51 PM To: Desmond Pieri Subject: [New post] So, Which Syndicates? How Much?

    WordPress.com Ty Danco posted: “I promised no more long pieces, but people wanted to know what syndicates I’m investing in specifically, and they don’t seem to know that you can look under my “Representative Angel Investments” page (see above) to see what I’m doing. Here’s the basic bre”

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