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The best part of FundersClub is a clean cap table because all the small investors are grouped together. Will this be the same? If I understand their partnership
by ivankirigin 14y ago
The best part of FundersClub is a clean cap table because all the small investors are grouped together. Will this be the same? If I understand their partnership with SecondMarket, my guess would be no.
Any more data on this?
- nivi 14y agoThe small investors are grouped together into a fund. So the startup only sees one new entry on the cap table. The overhead is the same as adding a single large investor to the round. More details here http://angel.co/help/invest http://angel.co/help/invest. Let me know if you have any more questions.
- ivankirigin 14y agoThanks! This sounds great.