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Wikipedia mentions their impact on U.S. fundraising law, https://en.wikipedia.org/wiki/AngelList https://en.wikipedia.org/wiki/AngelList In mid-2012, Naval R
by walterbell 3y ago
Wikipedia mentions their impact on U.S. fundraising law, https://en.wikipedia.org/wiki/AngelList https://en.wikipedia.org/wiki/AngelList
In mid-2012, Naval Ravikant and Kevin Laws, AngelList's chief operating officer, were active in Washington in his support for the Jumpstart Our Business Startups Act (JOBS Act), a law that eased many of the United States' securities regulations with the aim of making it easier for companies to either go public or to remain private longer while continuing to raise capital.
Some stats, https://techcrunch.com/2023/07/28/angellist-expands-into-private-equity-with-acquisition-of-fintech-startup-nova/ https://techcrunch.com/2023/07/28/angellist-expands-into-pri...
Assets supported for investors on AngelList increased by 50% to $15 billion year-over-year in 2022.. [AngelList] turned to venture to fund its own growth — raising a $100 million Series B co-led by Tiger Global and Accomplice at a $4 billion valuation.. AngelList has 130 employees.