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People resent change. But smart VCs can see the markings on the door, and AngelList is quickly becoming the main channel for early stage financing - they need t
by pytrin 13y ago
People resent change. But smart VCs can see the markings on the door, and AngelList is quickly becoming the main channel for early stage financing - they need to be there or miss out on getting in early.
I think it makes even more sense for VCs to use syndicates than Angels, since they have more experience managing bigger checks and angels are typically brought in for different reasons, some of which are made void in a syndicate.
I wrote about that yesterday, from the perspective of a startup founder, might be of interest - http://www.techfounder.net/2013/09/30/founders-perspective-on-angellist-syndicates/ http://www.techfounder.net/2013/09/30/founders-perspective-o...