Undated
Calacanis says his first AngelList syndicate deal, in Calm, drew $328,000 from backers when the company was valued at $4 million to $5 million.
“And $328,000 came in and the company was worth 4 million or 5 million at the time.”
Topic
AngelList
5 facts from 3 episodes, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
Undated
Calacanis says his original AngelList syndicate terms gave AngelList 5% of the profits and himself 15%, which he later renegotiated to 18 and 2.
“the original deal was AngelList would take 5% of the carry. I would get 15%.”
Undated
Packy McCormick says AngelList supplies Not Boring Capital's legal and operational back office, with a named AngelList contact helping structure funds.
“AngelList is like snapping a whole huge, sophisticated back office into place”
Undated
Jason Calacanis says he has done 265 syndicate deals on AngelList, which he believes is the most of anyone.
“have done 265 syndicate deals by far like the largest amount of anybody”
Undated
Jason Calacanis says Naval Ravikant taught him how special purpose vehicles (SPVs) work and introduced him to Assure Fund Management, in which he later invested.
“he taught me what spvs were he introduced me to assure fund management which i wound up investing in”
Episodes